AGUIA REPORTS POSITIVE NEW COLUMN FLOTATION RESULTS AT ITS FLAGSHIP TRÊS ESTRADAS PHOSPHATE PROJECT

  • Column flotation test work conducted by Eriez returned exceptional results for both fresh and oxidized carbonatites from the Três Estradas deposit 
  • Fresh rock column flotation circuit produced a final concentrate grading 30.25% P2O5 yielding a total circuit recovery of 84.6% 
  • Recoveries are a major improvement from previous results that used conventional mechanical flotation cells 
  • Column test work performed on the oxide ore provided a concentrate grading 31.1% P2O5 with a recovery of 80.1% 
  • Results demonstrate Três Estradas has similar metallurgical performance to Vale’s Cajati mine in Brazil and Yara’s Siilinjärvi mine in Finland 
  • Calcite metallurgical testwork is also underway to support development of a production process for a commercial aglime concentrate
  • Environmental Impact Assessment targeted for submission in early August
  • Updated JORC resource for Três Estradas and optimised PEA are pending

Brazilian fertiliser developer Aguia Resources Limited (ASX: AGR) (“Aguia” or “Company”) is pleased to announce the completion of a new sequence of column flotation test work that returned exceptional results for its flagship Três Estradas phosphate project.