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Aguia Resources Ltd.
Summary
| Project: | Primavera | |
|---|---|---|
| Deposit: | Andrade | |
| Location: | Brazil | |
| Commodities: | Copper-Silver | |
| Date: | 2/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-2-2019: Aguia Resources Ltd. announces an Exploration/Drilling Update report for its Andrade deposit at the Primavera project. Drilling results incl. 28.77m @ 1.83% Cu, 3.84g/t Ag from 63.63m. TORONTO, Feb. 27, 2019 -- Aguia Resources Limited (ASX: AGR | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Fernando Tallarico (Internal) | |
| ABSTRACT: | TORONTO, Feb. 27, 2019 -- Aguia Resources Limited (ASX: AGR, TSXV: AGRL) (“Aguia” or “Company”) announces that having encountered significant copper intersections during a 60 day due diligence period, it has executed an Option Agreement (the “Option Agreement”) to acquire the Primavera Project which includes the Andrade copper occurrence (“Andrade”) from Referencial Geologia Ltda. (“Referencial”). Andrade is located some 5 km southeast of the city of Caçapava do Sul, Rio Grande do Sul State, approximately 17 km to the southwest of Aguia’s Big Ranch target and 65 km north of the Canhada target which were discovered and staked by Aguia last year (see Figure 1). The Primavera Project claims became of interest to Aguia following the staking of the Big Ranch and Canhada targets in 2018. Aguia negotiated an option to acquire the properties from Referencial contingent on a 60-day due diligence which commenced at the beginning of January 2019. Due diligence has included an exhaustive legal, financial and technical review of existing data and corporate records. | |
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