2015ASX Announcements

Strike-length of Cerro Preto Phosphate extended

By June 25, 2015November 4th, 2020No Comments

Highlights:

  • Two main phosphorite beds extend over 10 km with widths between 50 and 200 metres
  • Channel sampling results include:
    • CH-02: 17.5 meters grading 10.30% P2O5
    • CH-28: 55.0 meters grading 6.99% P2O5
  • Rock samples collected at surface returned up to 20.4% P2O5
  • Cerro Preto demonstrates a number of similarities to the prolific Western Phosphate Field in the United States
  • Aguia intends to undertake a comprehensive drilling campaign of Cerro Preto targeted to commence in the final quarter of 2015
  • Company’s priority is completing and releasing Tres Estradas PEA by the end of July followed by commencement of a full Bankable Feasibility Study.
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