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Aguia Resources Ltd.

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Summary

Project:

Primavera

Deposit:Andrade
Location:Brazil
Commodities:Copper-Silver
Date:3/6/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-3-2020: Aguia Resources Ltd. announces an Exploration/Drilling Update report for its Andrade deposit at the Primavera project. Drilling results incl. 41m @ 0.56% Cu, 5.57g/t Ag from 0m. Sydney, Australia, - Aguia Resources Limited ABN 94 128 256 888 (AS
Resources:x
CP/QP:[Overall Report]: Fernando Tallarico (Internal)
ABSTRACT:Sydney, Australia, - Aguia Resources Limited ABN 94 128 256 888 (ASX: AGR) (Aguia or the Company) is pleased to provide shareholders with an update on exploration activities in the Rio Grande Copper Belt, southern Brazil. A diamond drilling program has been completed and confirms the north and south extensions of the highgrade copper zone within the existing Andrade Mineral Resource area (Figure 1). Historically, the Andrade Deposit has returned significant mineralization from diamond drilling, including intercepts of 28.77 metres at 1.83% copper from 63.63 metres with a higher-grade zone of 19.39 metres at 2.55% copper from 63.63 metres. An Inferred Mineral Resource Estimate (MRE) compliant with the JORC Code 2012 of 10.8 million tonnes with an average grade of 0.57% Cu and 2.56 g/t Ag, was previously announced by the Company on 19 March 2019. There is any no material change in the resources between March 2019 and the current date.

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