December 2012 Quarterly Report

Emerging phosphate and potash exploration and development company Aguia Resources Limited is pleased to present its December 2012 quarterly activities report.

Milestones
During the December 2012 quarter, Aguia achieved a number of significant milestones including:

  • Completion of a 2nd phase drilling program at its flagship Três Estradas phosphate project
  • Signing of a term sheet to enter into an option agreement with IAMGOLD Corporation to acquire 100% of a large landholding long strike from Três Estradas
  • Successful capital raising of $2.5 million before costs