Aguia Signs Option to Expand Phosphate Land Position in Southern Brazil


  • Option secured over highly prospective phosphate tenement of approx 4,500 HA immediately adjacent to Três Estradas deposit
  • Expands Aguia’s exploration footprint at Três Estradas by ~30%
  • Aguia has conducted initial due diligence and some sampling of project area
  • Encouraging phosphate grades from initial sampling – grades up to 12.42% P2O5
  • Modest option payments with future royalty payable upon production