Emerging phosphate and potash exploration and development company Aguia Resources Limited is pleased to present its December 2012 quarterly activities report.
During the December 2012 quarter, Aguia achieved a number of significant milestones including:
- Completion of a 2nd phase drilling program at its flagship Três Estradas phosphate project
- Signing of a term sheet to enter into an option agreement with IAMGOLD Corporation to acquire 100% of a large landholding long strike from Três Estradas
- Successful capital raising of $2.5 million before costs