Highlights:

Sampling and mapping of Big Ranch Target in Rio Grande do Sul returned up to 7.74 g/t Au from a gossan sample, a strong indicator of possible copper-bearing sulfide minerals at shallow depth
Soil sampling along the Big Ranch Target outlines a copper anomaly in excess of 6 km flanking the northern border of the Caçapava Granite
Aguia is infilling the initial reconnaissance soil survey lines and has begun detailed soil sampling where the gold-rich gossans occurred
Next step will be a ground geophysical survey to follow-up soil geochemical anomalies using induced polarization (IP) techniques
Preparations underway for the upcoming public hearings as part of the environmental permitting process of its Flagship Três Estradas phosphate project

Toronto, Canada, April 19, 2018 – Aguia Resources Limited (ASX: AGR, TSXV:AGRL) (“Aguia” or “Company”) is pleased to announce that ongoing mapping and sampling along the Big Ranch target has returned up to 7.74 grams per tonne Au in a gossan sample. As announced previously, the Company has discovered a new zone of copper mineralisation on ground staked within the Rio Grande Copper Belt, as a result of regional exploration activities in the State of Rio Grande do Sul, Brazil.