Aguia Resources Limited (ASX: AGR) (“Aguia” or “Company”) is pleased to report on its activities for the June 2015 Quarter:

Highlights:

Total JORC compliant Indicated and Inferred resources increased 130%, to 70.1 Mt (comprised of 15.2 Mt Indicated and 54.0 Mt Inferred) with an average grading of 4.20% P₂O₅ compared to 30.5 Mt (comprised of 9.9 Mt Indicated and 20.6 Mt Inferred) with an average grading of 4.30% P₂O₅ as previously announced in 2013
Higher grade oxide zone from surface more than doubled to 3.9 Mt averaging 10.25% P₂O₅ (comprised of 2.4 Mt at 9.98% P₂O₅ Indicated and 1.5 Mt at 10.69% P₂O₅ Inferred)
Drill program at Três Estradas South was completed and continued to intersect excellent widths and grades of phosphate mineralisation extending the strike length from 1.3 km to 2.5 km
Beneficiation test work at Três Estradas resulted 80% phosphate recovery from oxidized carbonatite and 65% from fresh carbonatite
Phosrock grading up to 39% P₂O₅ was produced from fresh carbonatite with no impurity issues
Tests demonstrate potential for production of commercial quality calcite concentrate byproduct
Strike length of Cerro Preto phosphate beds extended to over 12.5 km with widths between 50 and 200 metres
Rock samples collected at surface at Cerro Preto returned up to 20.8% P₂O₅
Recent exploration activity at Porteira – shallow auger drilling has intercepted a high-grade oxidised zone at surface with grading up to 18.5% P₂O₅

Corporate:

Shareholders vote overwhelmingly in favour of issuance of securities at EGM held 26 June 2015
Strategic investor Sulliden Mining Capital Limited (TSX:SMC) increased its holding in Aguia to 18.02%
The Company successfully completed a Shortfall Placement of $845,900 with an additional $790,000 through a follow-on share placement in April
Justin Reid appointed new Executive Chairman and Managing Director and Catherine Stretch appointed Chief Commercial Officer.

Planned for the September Quarter:

Scoping Study/Preliminary Economic Assessment by SRK Consulting for the Três Estradas deposit targeted for release during the Quarter
Ongoing assessment and development of phosphate Rio Grande assets at Joca Tavares, Porteira and Cerro Preto

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June 2015 Quarterly Activities Report