Announcement Date: 2022-07-12
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Aguia Resources Ltd.
Project name: Andrade
Location: Brazil
Commodities: Silver,Copper
Highlight: Drilling results incl. 38m @ 0.65% Cu, 2.74g/t Ag from 44m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Sydney, Australia, – Aguia Resources Limited ABN 94 128 256 888 (ASX: AGR) (‘Aguia’ or the ‘Company’) confirms strong assay results from the first phase of the 2,000 metre diamond drilling program at the Andrade copper project in the Rio Grande Copper Belt in southernmost Brazil. As previously announced, the initial 2,000 metres of drilling forms the first phase of the infill drilling program planned across four phases (see Figures 1 and 2).1 To date, the Company has completed 14 drill holes totaling 1,300 metres. The drilling program is concentrating on the shallow and high-grade ore body portions of the deposit. Previous holes in this portion returned significant high-grade mineralisation including intercepts of 28.77 metres grading 1.83% copper from 63.63 metres with a higher-grade zone of 19.39 metres grading 2.55% copper. The latest assay results include the following intercepts On 28 February 2019, Aguia signed an option agreement to acquire the Primavera Project claims (including the Andrade copper occurrence) from Referencial Geologia. On 19 March 2019, the first JORC compliant Mineral Resource Statement for the Andrade Copper Deposit was released. The Mineral Resource Statement
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