Aguia Resources Advances Santa Barbara Gold Project with Operational and Exploration Milestones

An update from Aguia Resources Limited ( (AU:AGR) ) is now available.

Aguia Resources Limited has reported significant progress at its Santa Barbara Gold Project, with underground operations consistently delivering 15 tonnes per day to the processing plant. The company plans to increase this to 50 tonnes per day by July 2025, with operational improvements including a new water pipeline and additional scraping equipment. The company is also initiating a 25-hole diamond drilling program to explore further mineral potential, despite delays due to regional drought. Additionally, Aguia has completed the necessary government audits to sell gold domestically and internationally, marking the start of revenue generation from the project.

More about Aguia Resources Limited

Aguia Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in gold mining, with a significant project being the Santa Barbara Gold Project.

YTD Price Performance: 27.27%

Average Trading Volume: 1,978,920

Technical Sentiment Signal: Buy

Current Market Cap: A$58.45M

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