For thousands of other reports visit RSC's Mineral Intellingence Map
Aguia Resources Ltd.
Summary
| Project: | Tres Estradas | |
|---|---|---|
| Deposit: | Tres Estradas | |
| Location: | Brazil | |
| Commodities: | Phosphate | |
| Date: | 3/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 20-3-2018: Aguia Resources Ltd. announces a Feasibility Study report for its Tres Estradas deposit at the Tres Estradas project. BFS results incl. pre-tax NPV of USD$300m (5%), IRR of 21% and a 16yr LOM. TORONTO, March 20, 2018 -- Brazilian fertiliser dev | |
| Resources: | (Reserve, P+P): 43.555Mt @ 4.31% P2O5 at project | |
| CP/QP: | [Resources]: Steven B. Kerr, Rainer Stephenson, Alister Horn (Millcreek Mining Group) | |
| ABSTRACT: | TORONTO, March 20, 2018 -- Brazilian fertiliser developer Aguia Resources Limited (ASX:AGR) (TSX-V:AGRL) (“Aguia” or “Company”) is pleased to announce the completion of a Bankable Feasibility Study (BFS) for its flagship Três Estradas phosphate deposit. The Company retained Millcreek Mining Group from Utah, USA to complete the independent engineering and resource studies. The updated mining plan forecasts a total of 43.5 million tonnes of ROM ore mined at a strip ratio of 1.61 (waste to phosphate, in tonnes). The project includes an open-pit, truck and shovel operation, over a life of mine (LOM) of 16 years plus another 20 years of aglime production which will be reclaimed from the tailings dam. The phased approach to the project reduced the initial capital and maximized the economics of the project. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report