Aguia Resources Provides Update on Management’s Discussion and Analysis

  • May 08, 2020 AEST
  • Team Kalkine

Aguia Resources Limited (ASX:AGR) provides a detailed analysis of the Company’s operations and has compared its financial results with those of the previous periods.

AGR provided the following highlights:

  • Conclusion of the Scoping Study for Phase 1 of its Três Estradas Phosphate Project
  • The Phase 1 updated mining plan forecasts a total of 5.1 million tonnes of ROM mined at a strip ratio of 0.49
  • Reduction of approximately 77% in the environmental footprint of the project through new approach for Phase 1 of the Project
  • Currently, Agronomic efficiency tests with the DANF product are being undertaken
  • AGR’s team in Brazil is actively progressing with the environmental plans and programs and with the detailed engineering for Phase 1


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