Aguia Signs Option to Expand Phosphate Land Position in Southern Brazil

Highlights

• 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

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