Highlights:

Assessing all options to realise the potential value of Big Ranch and Canhada Prospects including funding inside Aguia, joint venture/strategic partner or spinning out into a new listing
Diamond drill program at Big Ranch targeted for completion by end of year with drilling at Canhada scheduled to commence in Q1 2019
Mineralisation hosted in a 100km long x 60km wide belt with historical production from Iron Oxide Copper Gold deposits
Good mining jurisdiction with excellent infrastructure, mining service providers and skilled manpower in place
Copper market forecast to be undersupplied while demand for copper from electric vehicle sector is growing