PortalDerWirtschaft.de



Suchmaschinenoptimierung mit PdW
mit Content-Marketing - Ihre News
English

Aguia Resources Limited: Infill-Bohrprogramm auf Tres Estradas kiefert weiterhin sehr ermutigende Ergebnisse


Von Aguia Resources Limited

Thumb INFILL-BOHRPROGRAMM AUF TRES ESTRADAS LIEFERT WEITERHIN SEHR ERMUTIGENDE ERGEBNISSE Wichtige Ergebnisse: - Bohrungen demonstrieren weiterhin die homogene Art und Kontinuität der Vererzung sowohl lateral als auch zur Tiefe. - Infill-Bohrkampagne auf 14.000 Bohrmeter erweitert - letzte 1.300m werden bis Ende April niedergebracht. - In der Tiefe sind viele Abschnitte mächtiger als im früheren Ressourcenmodell erwartet wurde. o TED-16-091 durchteufte 90,10m mit 3,49% P2O5 ab 150,00m Tiefe. o TED-16-094 durchteufte 61,84m mit 4,30% P2O5 ab 218,00m Tiefe. o TED-16-098 durchteufte 26,73m mit 3,95% P2O5 ab 86,00m Tiefe. o TED-16-104 durchteufte 64,40m mit 4,27% P2O5 ab 237,00m Tiefe. - Weitere Entdeckungen einer hochgradigen oberflächennahen oxidierten Vererzung: o TER-17-202 durchteufte 30,00m mit 13,67% P2O5 ab Oberfläche einschließlich 8,00m mit 18,85% P2O5. o TER-17-203 durchteufte 24,00m mit 16,02% P2O5 ab Oberfläche einschließlich 10,00m mit 20,03% P2O5. - Erste Ergebnisse der Arbeiten in Pilotanlage der Eriez Flotation Division werden in Kürze erwartet. - Vergleichsstudie für bankfähige Machbarkeitsstudie nähert sich dem Abschluss. - Bankfähige Machbarkeitsstudie macht gute Fortschritte, Vergleichsstudie und erweitertes Bohrprogramm werden laut Erwartungen das Wert-Angebot weiter erhöhen. Das brasilianische Unternehmen mit Fokus auf die Entwicklung von Phosphatlagerstätten Aguia Resources Limited (ASX: AGR) (Aguia oder das Unternehmen - http://www.commodity-tv.net/c/mid,36622,VRIC_2017/?v=297284 ) berichtet den Aktionären über den neuesten Stand des Infill-Bohrprogramms auf ihrem Vorzeige-Phosphatprojekt Tres Estradas im Süden Brasiliens. Das Programm liefert weiterhin sehr ermutigende Ergebnisse, die die Homogenität und Kontinuität der Lagerstätte demonstrieren. Vier Kernbohrgeräte sind weiterhin vor Ort im Einsatz. Das Rückspülbohrprogramm wurde jetzt abgeschlossen. Bis dato wurden Bohrungen mit einer Gesamtlänge von 12.680m niedergebracht, davon entfallen 8.465m auf Kernbohrungen und 4.215m auf Rückspülbohrungen. Nach Identifizierung einer neuen Vererzungszone entlang der Südgrenze der Lagerstätte entschied sich das Management zur Erweiterung des Bohrprogramms um 1.500 bis 2.000m (siehe Pressemitteilung vom 16. Februar 2017). Die Infill-Bohrungen entlang dieser Zone werden fortgesetzt und als Ergebnis der sehr positiven Ergebnisse wird das Programm jetzt insgesamt ungefähr 14.000 Bohrmeter umfassen, eine Zunahme um ungefähr 40% gegenüber dem ursprünglichen Plan. Der Abschluss der Bohrarbeiten wird bis Ende April erwartet. Die Ergebnisse werden in eine aktualisierte JORC konformen Ressourcenschätzung für Tres Estradas aufgenommen, die nach Fertigstellung veröffentlicht wird. Die Identifizierung der neuen Karbonatit-Zone besitzt das Potenzial für eine beachtliche Erhöhung der Gesamtressource auf Tres Estradas und rechtfertigt die Erweiterung der Bohrarbeiten. Die Zielsetzung des Programms ist die Umwandlung der geschlussfolgerten Ressource in die Ressourcenkategorien erkundet und angezeigt. Dies wurde bis jetzt erzielt, da die Infill-Bohrungen weiterhin Gehalte und Mächtigkeiten liefern, die mitunter besser sind als im ursprünglichen Modell für Tres Estradas, wie Abbildungen 2 und 3 unten demonstrieren. Zum Beispiel, Bohrung TED-16-091 durchteufte 90,1m Karbonatit, was um 50,1m bzw. 125% über den Erwartungen lag, und Bohrung TED-16-094 durchteufte 61,8m Karbonatit, was um 29,8m bzw. 93% über den den Erwartungen lag. Die oxidierte Vererzung an der Oberfläche lieferte hohe Gehalte wie zum Beispiel in TER-17-202. Diese Bohrung durchteufte 30,00m mit 13,67% P2O5 ab Oberfläche einschließlich 8,00m mit 18,85% P2O5 und Bohrung TER-17-203 durchteufte 24,00m mit 16,02% P2O5 ab Oberfläche einschließlich 10,00m mit 20,03% P2O5 (siehe Tabelle 1 unten - Assay Results of the Drilling Campaign, Analysenergebnisse der Bohrkampagne). Millcreek Mining Group, die Firma, welche die bankfähige Machbarkeitsstudie (Bankable Feasibility Study, BFS) betreut, führte vor Kurzem eine Projektbesichtigung als Teil ihrer Überprüfung des Ressourcenmodells durch und Aguia ist der Ansicht, dass die Berichte über diese Projektbesichtigung positiv waren und die Arbeiten des Unternehmens alle Qualitätskontrollmaßnahmen erfüllten und übertrafen. Der technische Leiter Fernando Tallarico äußerte sich dazu: Wir könnten mit den Ergebnissen nicht zufriedener sein, diese Lagerstätte erfüllt weiterhin unsere Erwartungen, wie es das erweiterte Bohrprogramm demonstriert. Wir bestätigen nicht nur unser ursprüngliches Ressourcenmodell, sondern identifizieren auch Aspekte der Lagerstätte, die unserer Ansicht nach das Potenzial zur Ressourcenerweiterung auf Tres Estradas besitzen. Die Folge ist eine Reduzierung des erwarteten Abraumverhältnisses, was eventuell die Abbaukosten verbessern würde angesichts der größeren Mächtigkeit der Lagerstätte und dass die neue Zone innerhalb der früheren Grenzen der Tagebaugrube an die Oberfläche tritt. Justin Reid, Managing Director von Aguia, fügte hinzu: Der Umfang und der Wert von Tres Estradas nimmt mit jedem weiteren Bohrmeter zu und die Ergebnisse sind einfach herausragend. Unser technisches Team hat während der letzten paar Monate hart gearbeitet, um diese Ergebnisse vorzulegen, und ich beglückwünsche es für dieses Ergebnis. Da die Infill-Bohrungen jetzt abgeschlossen werden konzentrieren wir uns jetzt auf die Intensivierung des metallurgischen Programms in der Pilotanlage in Zusammenarbeit mit Eriez, den Abschluss der Vergleichsstudien, die laut Erwartungen wesentlich verbesserte Projektkosten demonstrieren werden, und avancieren die BFS bis zum Abschluss. Die Genehmigungsverfahren verlaufen planmäßig. Wir haben signifikante Fortschritte auf unserer Entdeckung Eastern Limb gemacht und und kommen voran mit unseren Plänen für eine Notierungszulassung an der TSX Venture Exchange als Teil unserer laufenden Strategie der globalen Marktausdehnung. Für weitere Informationen kontaktieren Sie bitte: Justin Reid, Managing Director E-Mail: jreid@aguiaresources.com.au Tel.: +1 416-216-5446 Catherine Stretch, Chief Commercial Officer E-Mail: cstretch@aguiaresources.com.au Tel.: +1 416-309-2695 Jan-Per Hole, Vice President Corporate Development Australia E-Mail: jph@aguiaresources.com.au Tel.: +61 (0) 414 899 732 In Europa: Swiss Resource Capital AG Jochen Staiger info@resource-capital.ch www.resource-capital.ch Herausgegeben durch Ben Jarvis, Six Degrees Investor Relations: +61 413 150 448 Folgen Sie Aguia auf Twitter: @ Aguia_Resources Über Aguia: Aguia Resources Limited (Aguia) ist ein an der ASX notiertes Unternehmen, dessen Primärfokus die Exploration und Entwicklung von Phosphatprojekten in Brasilien ist. Aguia besitzt ein bewährtes und sehr erfahrenes Team im Land mit Sitz in Belo Horizonte, Brasilien, mit Firmenbüros in Sydney, Australien. Aguias Schlüsselprojekte liegen in Rio Grande do Sul, ein erstklassiges Agrargebiet, das zu 100 % von Phosphatimporten abhängig ist. Die Phosphatlagerstätten Rio Grande besitzen eine hohe Qualität und haben kostengünstige Produktionscharakteristiken. Ihre Lage ist ideal durch die Nähe zu Straßen-, Eisenbahn- und Hafeninfrastruktur. Aguias erfahrenes Managementteam hat eine nachgewiesene Erfolgsgeschichte, hochwertige Bergbauprojekte in Brasilen zur Produktion zu bringen. Die Information in dieser Pressemitteilung, die sich auf Explorationsziele, die Exploration, Ergebnisse, Mineralressourcen oder Erzvorräte bezieht, basiert auf Informationen, die von Dr. Fernando Tallarico zusammengestellt wurde. Dr. Tallarico ist ein Mitglied der Association of Professional Geoscientists of Ontario. Er ist ein Vollzeitbeschäftigter der Unternehmens. Dr. Tallarico verfügt über ausreichende Erfahrung in Bezug auf den hier behandelten Vererzungs- und Lagerstättentyp und die Tätigkeiten, die ihn jeweils als sachkundige Person im Sinne des Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves in der Fassung von 2012 ausweist. Dr. Tallarico ist damit einverstanden, dass die auf seinen Informationen basierenden Angaben in einer der Form und dem Zusammenhang angemessenen Weise in den Bericht aufgenommen werden. Die Ausgangssprache (in der Regel Englisch), in der der Originaltext veröffentlicht wird, ist die offizielle, autorisierte und rechtsgültige Version. Diese Übersetzung wird zur besseren Verständigung mitgeliefert. Die deutschsprachige Fassung kann gekürzt oder zusammengefasst sein. Es wird keine Verantwortung oder Haftung: für den Inhalt, für die Richtigkeit, der Angemessenheit oder der Genauigkeit dieser Übersetzung übernommen. Aus Sicht des Übersetzers stellt die Meldung keine Kauf- oder Verkaufsempfehlung dar! Bitte beachten Sie die englische Originalmeldung auf www.sedar.com, www.sec.gov, www.asx.com.au/ oder auf der Firmenwebsite! http://www.irw-press.at/prcom/images/messages/2017/39285/22032017_DE_Drilling_Update_DPG.001.jpeg Figure 1: Geological map of the Três Estradas carbonatite draped over aerial photograph, highlighting the status of the ongoing drilling program. http://www.irw-press.at/prcom/images/messages/2017/39285/22032017_DE_Drilling_Update_DPG.002.png Figure 2: Drilling section 950NE of the Três Estradas Deposit, showing the recently discovered new mineralisation zone as outlined in red in the inset picture. http://www.irw-press.at/prcom/images/messages/2017/39285/22032017_DE_Drilling_Update_DPG.003.png Figure 3: Drilling section 750NE of the Três Estradas Deposit, showing the thickening of the carbonatite at depth relative to the previous resource model highlighted in dashed red. Table 1 - Assay Results of the Drilling Campaign (*Holes identifications initiated with TED are diamond holes and those initiated with TER are reverse circulation holes) Hole_IDFrom To (m)LengthP2O5% CaO% MgO% Fe2O3%SiO2% Al2O3% (m) (m) TED-16-150.00240.1090.10 3.49 29.80 9.22 10.72 12.03 2.29 091 TED-16-45.87 83.35 37.48 4.15 38.03 7.09 7.22 8.37 1.54 092 135.50162.5027.00 4.31 33.82 10.62 6.21 7.99 0.76 TED-16-1.40 5.00 3.60 5.12 7.66 4.76 16.98 44.15 7.52 093 57.75 99.00 41.25 3.53 33.91 8.35 7.76 12.60 2.01 TED-16-218.00279.8461.84 4.30 36.40 7.31 8.10 9.76 1.73 094 TED-16-1.55 3.45 1.90 7.31 11.80 7.75 15.70 35.55 9.36 095 173.00277.11104.113.50 31.76 8.76 7.80 12.21 2.65 TED-16-38.30 42.00 3.70 4.48 28.57 8.67 9.40 13.61 1.80 096 104.85147.0042.15 3.10 26.99 7.90 10.64 22.15 3.25 168.00255.0087.00 3.11 34.07 6.90 8.99 13.76 2.39 TED-16-64.18 82.16 17.98 4.02 35.06 8.59 6.72 7.82 1.19 097 TED-16-86.00 112.7326.73 3.95 35.31 7.72 7.51 10.32 2.09 098 TED-16-50.00 55.00 5.00 3.00 19.16 8.45 15.72 29.60 5.32 099 72.00 133.0061.00 4.03 36.60 6.85 8.27 9.83 1.68 TED-16-33.00 73.00 40.00 3.41 31.13 7.46 7.74 17.66 3.76 100 91.00 125.0034.00 3.95 20.23 8.95 11.36 31.00 6.62 Includ8.00 5.46 19.86 8.58 12.72 31.04 6.89 ing 169.25184.4015.15 4.15 30.40 13.40 7.25 11.33 1.07 TED-16-138.00158.4020.40 4.40 33.42 10.54 6.10 9.42 1.38 101 177.00222.0045.00 3.33 35.55 7.06 7.49 11.33 2.15 232.00242.3010.30 3.79 23.80 12.27 10.42 17.07 3.30 252.00253.871.87 3.29 31.37 12.70 7.13 6.99 1.38 TED-16-142.00166.8024.80 3.54 20.76 9.59 13.24 36.14 5.54 102 170.48225.1054.62 3.29 35.46 7.07 7.51 12.26 2.37 TED-16-0.00 17.78 17.78 3.93 13.37 7.71 12.93 40.53 5.64 103 17.78 66.85 49.07 3.74 29.68 14.38 8.80 6.31 0.38 267.90296.0028.10 3.20 38.77 6.35 5.95 8.58 1.61 TED-16-5.70 35.00 29.30 3.25 16.68 8.75 13.00 39.26 6.22 104 237.00301.4064.40 4.27 33.69 7.53 8.38 13.13 2.61 TED-16-129.64195.6265.98 4.26 34.42 8.09 9.15 9.19 1.54 105 Includ3.83 7.85 27.70 10.01 18.10 9.76 1.04 ing TED-17-144.91202.0057.09 3.75 30.40 9.36 7.55 15.60 2.92 106 TED-17-67.35 81.00 13.65 3.80 32.41 9.59 8.17 19.13 1.78 107 87.00 135.5348.53 3.85 33.94 8.31 9.15 8.73 1.49 TED-17-44.00 47.00 3.00 3.00 34.02 5.21 10.20 16.05 2.49 108 109.43284.60175.173.37 35.71 7.16 7.18 12.05 2.09 Includ27.91 4.25 37.91 7.75 7.04 7.74 1.35 ing Includ7.50 4.20 35.49 7.54 8.31 10.91 1.97 ing TER-16-1.00 42.00 41.00 3.18 39.79 4.99 5.76 11.75 1.60 170 52.00 64.00 12.00 3.04 41.29 4.87 5.91 8.83 1.46 TER-16-Not mineralized 175 TER-16-Not mineralized 176 Hole_IDFrom To (m)LengthP2O5% CaO% MgO% Fe2O3%SiO2% Al2O3% (m) (m) TER-16-0.00 15.00 15.00 9.94 11.04 2.74 36.72 17.59 4.54 177 15.00 97.00 82.00 4.61 37.65 5.38 10.02 8.09 1.52 TER-16-1.00 16.00 15.00 5.73 9.29 10.76 15.53 35.62 9.07 178 16.00 20.00 4.00 5.09 28.02 9.37 10.09 19.00 3.07 40.00 60.00 20.00 4.03 30.74 9.09 11.39 11.75 2.33 TER-16-1.00 29.00 28.00 12.77 17.54 3.28 25.57 25.27 4.81 179 29.00 58.00 29.00 4.56 35.62 6.54 10.75 8.11 1.39 TER-16-0.00 28.00 28.00 12.65 16.78 2.81 26.04 27.67 4.56 180 28.00 41.00 13.00 6.19 35.00 5.96 11.93 10.32 1.72 TER-16-1.00 23.00 22.00 14.98 20.90 1.54 23.89 25.34 3.25 181 23.00 35.00 12.00 3.91 30.68 6.69 10.28 18.58 3.48 TER-16-0.00 17.00 17.00 12.13 18.73 3.05 20.67 28.81 4.52 182 17.00 30.00 13.00 5.20 43.56 3.74 6.42 7.76 1.32 TER-16-0.00 13.00 13.00 11.47 22.16 2.93 15.11 28.88 4.48 183 14.00 26.00 12.00 3.10 42.20 4.50 6.10 8.10 1.46 TER-16-11.00 14.00 3.00 3.11 18.37 8.32 15.87 32.87 4.81 184 16.00 17.00 1.00 3.97 24.00 7.83 10.90 25.30 5.88 TER-16-3.00 12.00 9.00 4.07 22.36 8.48 13.90 25.20 3.99 185 12.00 24.00 12.00 3.35 25.18 9.17 11.90 18.84 3.49 TER-16-0.00 2.00 2.00 4.06 8.07 4.88 18.15 39.80 11.05 186 TER-16-1.00 4.00 3.00 3.71 9.42 7.82 15.50 41.97 8.14 187 16.00 17.00 1.00 3.27 19.30 8.12 16.20 31.50 4.40 19.00 20.00 1.00 3.13 18.10 8.68 12.60 35.40 6.13 TER-16-0.00 20.00 20.00 3.15 39.13 4.89 7.72 11.21 1.84 188 20.00 60.00 40.00 3.33 37.47 5.78 6.89 11.07 2.11 TER-16-1.00 11.00 10.00 8.49 11.90 6.74 21.09 27.48 6.30 189 11.00 47.00 36.00 3.73 33.94 7.39 8.42 12.47 2.47 TER-16-0.00 6.00 6.00 3.02 12.17 7.26 16.37 41.97 7.93 190 TER-16-0.00 1.00 1.00 3.29 9.48 4.93 17.90 41.60 6.95 191 17.00 18.00 1.00 3.00 17.50 9.47 19.40 35.20 4.93 TER-16-0.00 3.00 3.00 3.61 24.57 6.24 13.16 22.43 5.65 192 TER-16-Not mineralized 193 TER-16-0.00 9.00 9.00 3.29 21.63 4.64 9.48 30.22 7.82 194 TER-16-1.00 2.00 1.00 4.14 13.10 6.11 19.00 38.10 7.61 195 14.00 20.00 6.00 3.24 27.29 7.03 10.12 21.96 5.51 29.00 31.00 2.00 3.24 33.00 8.66 8.54 13.85 2.19 33.00 35.00 2.00 3.17 42.70 5.47 5.39 6.65 1.15 36.00 37.00 1.00 3.63 44.40 5.25 4.22 5.81 0.94 39.00 40.00 1.00 3.01 45.00 4.81 4.75 4.65 0.75 TER-16-4.00 6.00 2.00 3.04 10.05 6.07 16.65 42.40 9.53 196 21.00 30.00 9.00 3.88 39.33 5.74 7.09 9.63 1.79 TER-17-0.00 9.00 9.00 8.02 11.15 3.81 17.63 38.89 7.64 197 Includ2.00 11.28 15.10 1.40 18.10 37.15 6.00 ing 12.00 13.00 1.00 5.58 7.82 2.09 11.80 44.80 14.50 TER-17-67.00 80.00 13.00 3.33 38.99 3.77 5.50 14.14 1.31 198 TER-17-4.00 7.00 3.00 3.41 20.97 6.29 10.96 32.23 5.04 199 12.00 25.00 13.00 3.27 27.43 9.09 10.67 19.06 3.45 Hole_IDFrom To (m)LengthP2O5% CaO% MgO% Fe2O3%SiO2% Al2O3% (m) (m) TER-17-0.00 21.00 21.00 6.36 12.53 5.89 14.11 36.48 9.54 200 Includ4.00 11.92 16.88 5.88 17.40 27.88 5.82 ing 31.00 50.00 19.00 3.75 20.66 8.08 10.55 29.62 8.04 TER-17-1.00 21.00 20.00 15.41 20.67 2.20 22.33 24.82 4.17 201 Includ10.00 20.29 27.35 1.86 24.03 14.98 2.00 ing 21.00 29.00 8.00 6.32 32.98 3.97 20.45 7.56 0.98 TER-17-1.00 31.00 30.00 13.67 18.89 4.54 19.98 25.99 4.28 202 Includ8.00 18.85 25.30 2.00 23.69 14.90 2.31 ing TER-17-1.00 25.00 24.00 16.02 22.29 1.13 25.60 21.22 3.01 203 Includ10.00 20.03 26.05 1.23 27.28 14.04 2.15 ing 25.00 40.00 15.00 5.61 33.78 6.99 12.04 9.06 1.49 TER-17-1.00 14.00 13.00 3.09 11.36 9.08 20.36 36.90 6.77 204 14.00 15.00 1.00 3.30 14.20 8.25 21.20 33.70 5.50 TER-17-25.00 65.00 40.00 3.68 30.74 9.20 8.64 14.98 2.83 205 Includ1.00 6.27 26.90 10.90 8.03 19.20 2.21 ing Includ4.00 6.29 25.47 10.90 10.34 21.00 2.85 ing TER-17-2.00 10.00 8.00 4.78 13.75 8.77 16.34 38.10 7.72 206 Includ1.00 9.56 19.50 8.68 13.30 35.50 6.74 ing 66.00 80.00 14.00 4.08 29.01 13.63 9.24 9.25 0.89 TER-17-0.00 10.00 10.00 7.82 13.50 7.28 16.33 35.31 5.52 207 Includ6.00 9.73 15.36 7.96 18.18 31.15 4.25 ing 10.00 25.00 15.00 4.02 25.62 9.97 9.37 19.52 4.67 TER-17-28.00 37.00 9.00 4.57 30.64 10.04 8.19 11.56 2.19 208 TER-17-41.00 45.00 4.00 3.00 19.18 8.54 15.58 26.65 6.09 209 53.00 55.00 2.00 4.06 16.80 9.06 16.85 32.50 6.80 TER-17-0.00 10.00 10.00 8.12 14.97 7.68 23.39 30.56 3.95 210 11.00 29.00 18.00 3.22 27.35 14.16 8.41 13.12 0.99 TER-17-1.00 5.00 4.00 7.93 14.55 10.04 17.32 35.87 4.18 211 5.00 40.00 35.00 4.26 30.64 9.40 9.36 14.22 2.05 TER-17-2.00 3.00 1.00 3.06 7.67 8.10 13.80 46.80 8.77 212 9.00 13.00 4.00 3.66 13.83 9.66 16.55 38.20 7.34 52.00 54.00 2.00 3.04 16.30 8.96 17.40 34.25 5.72 TER-17-2.00 7.00 5.00 4.39 15.62 9.85 12.96 42.44 6.18 213 7.00 60.00 53.00 4.38 19.20 9.35 12.04 37.62 6.83 TER-17-0.00 7.00 7.00 3.12 7.91 4.83 11.42 46.47 13.68 214 12.00 14.00 6.00 3.27 23.00 11.20 10.26 21.55 4.90 26.00 38.00 12.00 3.16 17.46 10.53 13.34 27.57 6.85 58.00 100.0042.00 3.14 26.54 12.00 7.87 20.37 2.23 TER-17-0.00 7.00 7.00 7.70 19.30 9.21 12.10 35.00 8.47 215 7.00 60.00 53.00 4.16 18.67 9.73 11.94 37.81 7.21 TER-17-44.00 51.00 7.00 3.94 20.06 10.38 13.07 27.33 5.48 216 91.00 101.0010.00 3.00 22.73 10.20 11.94 21.70 4.81 106.00120.0014.00 3.16 19.81 11.00 10.42 24.33 6.63 TER-17-18.00 35.00 17.00 3.31 18.35 9.50 13.42 34.50 6.68 217 TER-17-3.00 12.00 9.00 3.36 10.61 8.62 14.78 45.30 7.58 218 Includ4.00 4.79 10.12 9.77 15.92 36.95 9.30 ing 12.00 40.00 28.00 3.68 17.83 8.91 14.66 34.21 7.31 Hole_IDFrom To (m)LengthP2O5% CaO% MgO% Fe2O3%SiO2% Al2O3% (m) (m) TER-17-1.00 13.00 12.00 7.69 12.17 9.25 17.32 3.25 7.69 219 13.00 35.00 22.00 3.64 27.94 7.46 9.52 21.08 5.56 TER-17-1.00 16.00 15.00 3.38 12.96 9.07 14.11 37.63 8.51 220 17.00 19.00 2.00 3.60 21.60 8.98 8.94 24.60 8.49 23.00 25.00 2.00 3.84 38.85 4.94 6.35 11.44 2.76 TER-17-1.00 5.00 4.00 3.70 13.34 9.11 17.10 31.45 6.48 221 5.00 6.00 1.00 3.20 39.40 3.91 6.54 11.90 1.76 TER-17-1.00 6.00 5.00 8.51 13.32 2.48 18.24 35.76 9.20 222 6.00 25.00 19.00 4.50 38.67 5.42 6.09 10.38 1.71 TER-17-0.00 8.00 8.00 7.12 13.21 6.60 15.94 35.70 8.08 223 8.00 34.00 26.00 3.02 32.76 7.23 7.81 16.21 4.36 37.00 40.00 3.00 3.31 35.67 7.20 6.91 13.51 3.50 TER-17-4.00 9.00 5.00 3.83 5.98 6.51 14.96 43.68 9.91 224 TER-17-0.00 16.00 16.00 7.98 13.11 4.66 17.58 39.47 4.28 225 Includ5.00 10.39 14.72 4.76 18.76 37.22 3.65 ing 16.00 80.00 64.00 4.20 31.41 10.17 8.92 11.18 1.64 TER-17-0.00 12.00 12.00 10.33 16.58 7.78 16.92 29.94 4.70 226 Includ6.00 14.43 20.52 7.40 17.65 22.57 3.72 ing 12.00 80.00 68.00 3.89 29.42 11.61 8.41 14.45 1.69 TER-17-45.00 80.00 35.00 3.63 30.63 11.30 7.98 14.56 1.27 227 Includ4.00 5.94 34.05 9.36 6.99 13.24 1.08 ing Includ4.00 6.33 30.97 13.45 7.60 11.22 0.50 ing TER-17-0.00 23.00 23.00 11.96 22.21 1.79 16.13 28.11 3.91 228 Includ18.00 13.39 18.95 1.83 18.12 30.42 4.28 ing 23.00 80.00 57.00 5.03 36.01 6.89 7.88 10.86 1.61 TER-17-28.00 80.00 52.00 3.28 30.86 8.12 8.56 16.31 3.66 230 TER-17-0.00 3.00 3.00 3.60 26.65 5.01 11.30 24.47 5.31 231 3.00 25.00 22.00 3.59 40.25 5.33 6.73 9.91 1.56 TER-17-Not mineralized 233 TER-17-0.00 8.00 8.00 5.89 16.41 4.97 15.04 34.60 5.61 232 8.00 100.0092.00 3.76 36.04 7.07 7.55 10.74 1.71 TER-17-1.00 8.00 7.00 7.26 21.44 3.75 17.49 25.78 5.68 234 8.00 12.00 4.00 3.99 31.25 7.78 10.40 13.37 2.31 Table 2 - Collar Details Hole_IUTM_UTM_NElevatiLengthStatusDatum AzimuDip D E on (m) of th (m) coord inate TED-16767165769364 246.20GPS SAD-69 150.0-60. -091 58 66 Z21S 0 00 TED-16767265771352 170.15GPS SAD-69 150.0-65. -092 06 87 Z21S 0 00 TED-16767465772351 106.10GPS SAD-69 150.0-60. -093 20 89 Z21S 0 00 TED-16767165770360 306.90GPS SAD-69 150.0-60. -094 34 12 Z21S 0 00 TED-16767065768362 292.30GPS SAD-69 150.0-60. -095 37 80 Z21S 0 00 TED-16767465773357 272.85GPS SAD-69 150.0-60. -096 18 22 Z21S 0 00 TED-16767165771355 105.90GPS SAD-69 150.0-60. -097 62 75 Z21S 0 00 TED-16767065770352 117.95GPS SAD-69 150.0-70. -098 85 97 Z21S 0 00 TED-16767365771349 145.75GPS SAD-69 150.0-60. -099 70 22 Z21S 0 00 TED-16766865769353 194.15GPS SAD-69 150.0-60. -100 96 35 Z21S 0 00 TED-16767065771340 267.75GPS SAD-69 150.0-50. -101 09 30 Z21S 0 00 TED-16767265771349 242.55GPS SAD-69 150.0-60. -102 88 47 Z21S 0 00 TED-16767165771357 307.50GPS SAD-69 150.0-58. -103 83 27 Z21S 0 00 TED-16767165770354 319.35GPS SAD-69 150.0-60. -104 13 49 Z21S 0 00 TED-16767265770359 203.10GPS SAD-69 150.0-60. -105 75 70 Z21S 0 00 TED-17767065768362 210.80GPS SAD-69 330.0-60. -106 03 40 Z21S 0 00 TED-17767265769362 145.15GPS SAD-69 150.0-60. -107 64 88 Z21S 0 00 TED-17766965770345 284.60GPS SAD-69 150.0-60. -108 97 48 Z21S 0 00 TER-16766265763327 70.00 GPS SAD-69 0.00 -90. -170 67 01 Z21S 00 TER-16767565769353 30.00 GPS SAD-69 0.00 -90. -175 48 94 Z21S 00 TER-16767465770359 28.00 GPS SAD-69 0.00 -90. -176 32 06 Z21S 00 TER-16767465770261 100.00GPS SAD-69 0.00 -90. -177 44 94 Z21S 00 TER-16767465771357 60.00 GPS SAD-69 0.00 -90. -178 20 17 Z21S 00 TER-16767465770366 66.00 GPS SAD-69 0.00 -90. -179 89 97 Z21S 00 TER-16767565771366 45.00 GPS SAD-69 0.00 -90. -180 25 34 Z21S 00 TER-16767665772362 38.00 GPS SAD-69 0.00 -90. -181 36 42 Z21S 00 TER-16767665772360 30.00 GPS SAD-69 0.00 -90. -182 22 77 Z21S 00 TER-16767665773356 27.00 GPS SAD-69 0.00 -90. -183 93 44 Z21S 00 TER-16767665773352 23.00 GPS SAD-69 0.00 -90. -184 73 79 Z21S 00 TER-16767665773351 25.00 GPS SAD-69 0.00 -90. -185 64 94 Z21S 00 TER-16767665773351 20.00 GPS SAD-69 0.00 -90. -186 29 55 Z21S 00 TER-16767765774353 25.00 GPS SAD-69 0.00 -90. -187 10 15 Z21S 00 TER-16767765773355 60.00 GPS SAD-69 0.00 -90. -188 33 74 Z21S 00 TER-16767765774352 53.00 GPS SAD-69 0.00 -90. -189 51 44 Z21S 00 TER-16767865774352 30.00 GPS SAD-69 0.00 -90. -190 01 57 Z21S 00 TER-16767865774350 25.00 GPS SAD-69 0.00 -90. -191 44 82 Z21S 00 TER-16768065775325 20.00 GPS SAD-69 0.00 -90. -192 82 71 Z21S 00 TER-16768165775329 20.00 GPS SAD-69 0.00 -90. -193 24 98 Z21S 00 TER-16767965775328 20.00 GPS SAD-69 0.00 -90. -194 99 15 Z21S 00 TER-16767665773326 40.00 GPS SAD-69 0.00 -90. -195 00 08 Z21S 00 TER-16767465772326 25.00 GPS SAD-69 0.00 -90. -196 50 65 Z21S 00 TER-17767465769352 48.00 GPS SAD-69 0.00 -90. -197 89 16 Z21S 00 TER-17767365770346 80.00 GPS SAD-69 0.00 -90. -198 59 44 Z21S 00 TER-17767365771342 25.00 GPS SAD-69 0.00 -90. -199 25 81 Z21S 00 Hole_IUTM_UTM_NElevatiLengthStatusDatum AzimuDip D E on (m) of th (m) coord inate TER-17767465768358 50.00 GPS SAD-69 0.00 -90. -200 34 92 Z21S 00 TER-17767365769360 29.00 GPS SAD-69 0.00 -90. -201 40 66 Z21S 00 TER-17767465769359 40.00 GPS SAD-69 0.00 -90. -202 13 29 Z21S 00 TER-17767365769357 40.00 GPS SAD-69 0.00 -90. -203 76 94 Z21S 00 TER-17767265770358 22.00 GPS SAD-69 0.00 -90. -204 00 97 Z21S 00 TER-17767065769350 37.00 GPS SAD-69 0.00 -90. -205 26 99 Z21S 00 TER-17767065769353 80.00 GPS SAD-69 0.00 -90. -206 40 74 Z21S 00 TER-17767065770352 25.00 GPS SAD-69 0.00 -90. -207 58 45 Z21S 00 TER-17767365770356 37.00 GPS SAD-69 0.00 -90. -208 61 20 Z21S 00 TER-17767165770363 55.00 GPS SAD-69 0.00 -90. -209 71 48 Z21S 00 TER-17767165770357 30.00 GPS SAD-69 0.00 -90. -210 48 88 Z21S 00 TER-17767165770352 40.00 GPS SAD-69 0.00 -90. -211 01 70 Z21S 00 TER-17766965768355 100.00GPS SAD-69 0.00 -90. -212 29 69 Z21S 00 TER-17766965768355 60.00 GPS SAD-69 0.00 -90. -213 19 85 Z21S 00 TER-17766965769349 100.00GPS SAD-69 0.00 -90. -214 54 24 Z21S 00 TER-17766865768355 60.00 GPS SAD-69 0.00 -90. -215 80 53 Z21S 00 TER-17766865768353 120.00GPS SAD-69 0.00 -90. -216 33 33 Z21S 00 TER-17766865767354 35.00 GPS SAD-69 0.00 -90. -217 01 90 Z21S 00 TER-17766765767345 40.00 GPS SAD-69 0.00 -90. -218 34 05 Z21S 00 TER-17766665766340 35.00 GPS SAD-69 0.00 -90. -219 20 02 Z21S 00 TER-17766565765340 25.00 GPS SAD-69 0.00 -90. -220 46 31 Z21S 00 TER-17766565765338 30.00 GPS SAD-69 0.00 -90. -221 33 54 Z21S 00 TER-17766565765338 25.00 GPS SAD-69 0.00 -90. -222 09 05 Z21S 00 TER-17766465764330 40.00 GPS SAD-69 0.00 -90. -223 62 77 Z21S 00 TER-17766465764328 35.00 GPS SAD-69 0.00 -90. -224 29 15 Z21S 00 TER-17766865765361 80.00 GPS SAD-69 0.00 -90. -225 26 02 Z21S 00 TER-17766965765363 80.00 GPS SAD-69 0.00 -90. -226 07 75 Z21S 00 TER-17766865765363 80.00 GPS SAD-69 0.00 -90. -227 88 39 Z21S 00 TER-17766865765363 80.00 GPS SAD-69 0.00 -90. -228 65 30 Z21S 00 TER-17766765764354 80.00 GPS SAD-69 0.00 -90. -230 51 23 Z21S 00 TER-17766665763352 25.00 GPS SAD-69 0.00 -90. -231 94 73 Z21S 00 TER-17766765764355 100.00GPS SAD-69 0.00 -90. -232 29 15 Z21S 00 TER-17767565773354 25.00 GPS SAD-69 0.00 -90. -233 87 28 Z21S 00 TER-17768065775318 18.00 GPS SAD-69 0.00 -90. -234 47 50 Z21S 00 JORC Code, Table 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) CriteriJORC Code explanation Commentary a Samplin· Nature and quality of · Work is being carried out g sampling using RC and diamond techni ( drilling, with samples ques eg cut channels, random being analysed by chips, or specific laboratory analyses specialised industry suitable for the standard measurement tools carbonatite mineralisation appropriate to the being minerals under targeted investigation, such as down hole gamma sondes, or · Drill hole locations are handheld XRF instruments, detailed in a table in the text of this release, and etc). These examples should shown graphically on a not be taken as limiting plan the broad meaning of sampling. · Include reference to · Hole locations are picked measures taken to ensure up using hand-held GPS. sample Sampling is carried out using comprehensive representivity and the appropriate calibration of Aguia protocols and QAQC any measurement tools or procedures as per industry systems best used. practice · Aspects of the · Mineralisation is determination of generally mineralisation that are visual Material to the Public Report. In cases where · RC samples are collected industry standard work and assayed at 1m has been done this would intervals, with a be relatively simple representative 2kg sample ( of all intervals being eg reverse circulation collected for XRF assay at drilling was used to the obtain 1 m samples from laboratory. which 3 kg was pulverised to produce a 30 g charge · Half core diamond drill for fire assay). In other samples in mineralized cases more explanation may material are generally be required, such as where collected at 1m intervals there is coarse gold that and sent to the laboratory has inherent sampling for assay; however lengths problems. Unusual will vary to generally commodities or between 0.5 and 1.5m to mineralisation types honour geological ( boundaries where required. eg submarine nodules) may warrant disclosure of detailed · In all cases drilling information. samples are sent to SGS laboratories in Belo Horizonte and analysed using method XRF79C_10 - Lithium tetra borate fusion. Elements assayed for include SiO 2, Al2O3, Fe2O3, CaO, MgO, TiO 2, P2O5, Na2O, K2O, MnO and LOI, which is considered suitable for the type of mineralisation Drillin· Drill type (eg core, · Reverse Circulation - g reverse circulation, Drilling utilized a face techni open-hole hammer, rotary sampling Hard Formation ques air blast, auger, Bangka, Bit with Tungsten buttons sonic, and a diameter of 5 ½ inches. No downhole etc) and details (eg core surveys were completed. diameter, triple or standard tube, depth of diamond tails, · Core Drilling - Drilling face-sampling bit or other utilized HQ equipment for type, whether core is weathered material and NQ oriented and if so, by for fresh rock. Downhole what method, surveys are performed on 3-metre intervals using a etc). Maxibore down-hole tool. No core orientation has been carried out. Drill · Method of recording and · RC - recoveries are sample assessing core and chip monitored by samples recove sample recoveries and weight. The minimum ry results recovery is assessed. 85%. · Core Drilling - Recovery by sample and by drill run was recorded; core recovery generally exceeds 97% · Measures taken to · Diamond Drilling - Due to maximise sample recovery the coherent nature of the and ensure representative fresh rock and homogenous nature of the nature of the samples. mineralisation sample recovery is not an issue. In the saprolite recovery is maximised using short drill runs and best drilling practices. · RC - Dry samples are collected through a cyclone and riffle splitter ensuring homogenisation and representative sampling. Wet samples are dried, and then homogenised and sampled by hand. · Whether a relationship · Mineralisation is exists between sample homogenous throughout the recovery and grade and mineralized intervals, whether sample bias may with no relationship have occurred due to between sample recovery preferential loss/gain of and grade on any type of fine/coarse drilling. material. Logging· Whether core and chip · RC - logging is to a samples have been detail considered suitable geologically and for inclusion in resource estimations geotechnically logged to a level of detail to support · Diamond - logging is appropriate Mineral considered suitable for Resource estimation, inclusion in resource mining studies and estimations, metallurgical metallurgical studies and preliminary studies. mining studies. The lack of orientated core and geotechnical logging prior to cutting precludes the use in detailed mining studies · Whether logging is · RC logging includes qualitative or lithology and quantitative in nature. weathering Core (or costean, channel, · Diamond logging includes etc) photography. rock type, alteration , structure and qualitative magnetism. No core orientation has been carried out, with structural measurements being limited to alpha angles only. All core is photographed dry before being cut · The total length and · 100% of the relevant percentage of the relevant intersections of all intersections drilling are logged logged Sub-sam· If core, whether cut or · Solid core is sawn in pling sawn and whether quarter, half, with half being sent techni half or all core for assay and half being ques taken. retained for reference. and Friable core is split down sample the prepar ation center line using a spatula or similar tool, with half being retained and half sent for assay. · If non-core, whether · RC- One metre samples are riffled, tube sampled, collected from the rotary split, cyclone, with moist samples being split using etc and whether sampled wet a plastic liner and metal or cross-blade device, and dry. dry samples being split through a riffle splitter. Saturated samples are dried before homogenization. Two representative samples of between 500g and 2kg are collected, with one for assay and a second for reference. · For all sampling and drilling, samples are dried and crushed, and then milled to 75% passing 80 mesh using LM mills at the laboratory. · For all sample types, the · The sample preparation nature, quality and techniques are industry appropriateness of the standard and are sample preparation considered appropriate for technique. the mineralisation being investigated · Quality control · Industry standard procedures adopted for all procedures are employed, sub-sampling stages to including ensuring maximise non-core samples are adequately homogenized representivity of samples. before assay and archive samples are collected · Measures taken to ensure · No field duplicate that the sampling is samples or second half representative of the in sampling was done. The situ material collected, target mineralization is including for instance largely results for field homogeneous. duplicate/second-half sampling. · Whether sample sizes are · Sample sizes are appropriate to the grain considered appropriate to size of the material being the grain size of the sampled. material being assayed Quality· The nature, quality and · The XRF method used is of appropriateness of the industry standard and assay assaying and laboratory considered appropriate for data procedures used and the analysis of and whether the technique is apatite-hosted phosphate labora considered partial or mineralisation. tory total. tests · Sample preparation and analysis was completed at SGSs Belo Horizonte laboratory in Brazil using standard crushing and pulverization techniques. · The prepared pulps are analysed by a lithium borate fusion XRF spectroscopy for major oxide elements (P2O5, Al2O3, CaO, Fe2O3, K2O, MgO, MnO2, SiO2, TiO2 , Na2O and LOI (Method code XRF79C and PHY01E). · In specific cases, samples were also analysed for a suite of 31 elements using an aqua regia digestion and inductively coupled plasma - mass spectrometry (Method code ME-MS81). · The preparation and analytical procedures are appropriate for the type of mineralization sampled and are reliable to deliver the total content of the analysed compounds. · make and model, reading · Where utilised, hand held times, calibrations XRF is factors applied and their derivation, an Delta Analyser CS-4000 etc. by Innov-X Systems · For geophysical tools, · There is a calibration spectrometers, handheld plate supplied by XRF instruments, INOVV-X-Systems for the calibration of the etc, the parameters used in Portable X Ray determining the analysis Fluorescence including equipment. instrument · Nature of quality control · Aguia has prepared two procedures adopted certified phosphate ( reference materials eg standards, blanks, (standards) from material duplicates, external collected from the laboratory checks) and whether acceptable levels Tres Estradas deposit - of accuracy these comprise a mid and ( high grade standard and ie lack of bias) and are considered appropriate precision have been to the mineralisation established. being drilled · This is in addition to fine and coarse blank standards prepared from barren quartz veins. · One each of the above company supplied standards is included in each batch of 48 samples, in addition to a pulp duplicate. · One batch of 48 samples is sent monthly for umpire laboratory testing. · Umpire testing is performed at At ALS Chemex in Lima, Peru, where they are analyzed for a suiten of elements using method code XRF12pt/XRF24) · Additionally, Aguia relies on the analytical quality control measured implemented by the ISO accredited laboratory used. Verific· The verification of · The AGR procedures ation significant intersections consists an internal of by either independent or double check and, when sampli alternative company required an independent ng and personnel. verification during the assayi independent audit ng process. · The use of twinned holes. · Given this is the initial programme at TE South no twin holes have been drilled · Documentation of primary · Data is manually entered data, data entry onto logging sheets on procedures, data site by verification, data storage (physical and electronic) Aguia geologists. This data protocols. is then entered into a digital database consisting of Excel workbooks. Assay data from the laboratory is merged into the downhole sample sheets. All original logging sheets and digital data are stored. Digital data is regularly backed up. · Data is yet to be externally audited; external audits of previous drilling has confirmed the veracity of work carried out · Discuss any adjustment to · There is no adjustment to assay assay data. data Locatio· Accuracy and quality of · All borehole collars were n of surveys used to locate surveyed according to the data drill holes (collar and local UTM coordinate points down-hole surveys), system (South American trenches, mine workings Datum 1969 - SAD69, Zone and other locations used 21S), using differential in Mineral Resource GPS equipment before estimation. drilling started, and once drilling had been completed. · Specification of the grid · SAD 1969 UTM system, Zons system 21S used. · Quality and adequacy of · A topographic survey of topographic the project area was control. completed using differential GPS technology. · The survey consisting of lines spaced 25 metres apart, and control lines spaced 100 metres apart. · The topographic survey generated contour lines at 1-metre intervals in the meta-carbonatite area. Contour lines at 5-metre intervals were obtained for the remaining area using shuttle radar topography mission (SRTM) and orthorectified Geoeye images with 0.5 metre resolution. Data · Data spacing for · RC Drilling - RC holes, spacin reporting of Exploration all vertical, at g and Results. distri Tres Estrada South are bution being drilled on 50m spaced lines, with spacing along drill lines determined by carbonatite outcrop · Diamond Drilling - Diamond holes (inclined) at Tres Estradas are being drilled on 100m spaced lines, with spacing along drill lines determined by carbonatite outcrop · Whether the data spacing · The data spacing and and distribution is distribution is considered sufficient to establish suitable for the style of the degree of geological mineralisation being and grade continuity tested, and will be appropriate for the suitable for use in Mineral Resource and Ore Mineral Resource and Reserve estimation Reserve procedure(s) and estimations classifications applied. · Whether sample · For the purposes of compositing has been reporting of results no applied. sample compositing has been applied Orienta· Whether the orientation · The bulk nature of the tion of sampling achieves mineralisation indicates of unbiased sampling of that sampling bias will data possible structures and not be introduced by in the extent to which this changing drilling relati is known, considering the direction on to deposit geolog type. ical struct ure · If the relationship · Given the bulk and between the drilling homogenous nature of the orientation and the mineralisation it is orientation of key considered that there is mineralised structures is no sampling considered to have bias introduced a sampling bias, this should be assessed and reported if material. Sample · The measures taken to · Chain of custody is securi ensure sample managed by ty security. Aguia. Samples are stored on site. Assay samples are sent by freight express to the relevant laboratories. Audits · The results of any audits · Tres Estradas - Audit by or or reviews of sampling SRK Consulting in early review techniques and 2013 s data. and late 2014 indicated that techniques utilised by Aguia were in line with generally accepted industry best practices. The same audit found no issues with the data. Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) CriteriaJORC Code explanation Commentary Mineral · Type, reference · Tres Estradas tenemen name/number, location and Permit 810.090/91, t and ownership including irrevocable right to 100% land agreements or material under an exercised option tenure issues with third parties agreement with status such as joint ventures, partnerships, overriding Companhia Brasiliera de Cob royalties, native title re interests, historical (CBC). sites, wilderness or national park and On July 1, 2011, CBC and Ag environmental uia settings. Metais Ltda., a subsidiary of · The security of the tenure held at the time Aguia in Brazil, executed of reporting along with an option agreement any known impediments to providing the irrevocable obtaining a licence to purchase option of these operate in the mineral rights by area. Aguia Metais (or its affiliate or subsidiaries). On May 30, 2012 Aguia Metais exercised the purchase option concerning these mineral rights by means of its affiliate Aguia Fertilizantes S/A (Ag uia Fertilizantes). On July 10, 2012, CBC and Aguia Fertilizantes execute d an irrevocable agreement providing the assignment of these mineral rights to Aguia Fertilizantes. On July 20, 2012 CBC filed a request before the DNPM applying for the transfer of these mineral rights to Aguia Fertilizantes. The 2nd two-year term expired on August 16, 2012, with the Final Exploration Report now under review by the Government, approval of which will allow the Company a further year (from the date of approval) to submit an Economic Exploitation Plan. · Tres Estradas South Permit 810.325/12, irrevocable right to 100% under an exercised option agreement with Companhia Brasiliera de Cob re . Granted April 29, 2013, initial 3 year term expiry April 29, 2016. The partial report with time ext ension request was filed on February 23, 2016 . Explorat· Acknowledgment and · Tres Estradas and Tres ion appraisal of exploration Estrada done by other South by parties. other Discoveries of phosphate parties rich rocks at TE were made by a joint exploration programme between Companhia Brasileiraa do Co bre and Santa Elina in 2007/2008 during a gold exploration programme. This involved an integrated geochemical/ geological/geophysical and drilling programme. The gold results were disappointing, causing Santa Elina to withdraw from the JV, however +6% phosphate values were noted in assaying of soils and drill core. Geology · Deposit type, geological · Tres Estradas and Tres setting and style of Estradas mineralisation. South The mineralisation is a carbonatite hosted phosphate deposit, with apatite as the phosphate bearing mineral. The NE-SW trending carbonatite is probably Mid-Proterozoic in age, and has been affected by Neo-Proterozoic shearing and metamorphism. It is hosted in the Santa Maria Chico Granulite Complex, within the Taquarembo Domain of the Achaean to Proterozoic Sul-rio-grandense Shield. Drill · A summary of all · Drillhole information is hole information material to listed in the appropriate Informa the understanding of the tables in this document, tion exploration results and presented in maps and including a tabulation of sections the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length. · If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. Data · In reporting Exploration · Drill intersections are aggrega Results, weighting length weighted. A tion averaging techniques, nominal 3% methods maximum and/or minimum P grade truncations 2O5 lower cutoff is used, ( and there is no upper cut eg cutting of high grades) applied to and cut-off grades are intersections. usually Material and should be stated. · Where aggregate · Not applicable intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. · The assumptions used for · Not applicable any reporting of metal equivalent values should be clearly stated. Relation· These relationships are · RC drilling is targetting ship particularly important in the flat lying upper between the reporting of oxide mineralisation - mineral Exploration these holes may be isation Results. terminated in widths mineralisation once fresh and rock has been interce intersected pt lengths · Diamond drilling is targe tted to intersect the full width of the interpreted steeply dipping carbonatite bodies · If the geometry of the · RC drilling is generally mineralisation with perpendicular to the respect to the drill hole flat-lying oxide blanket, angle is known, its and oxide intersection nature should be widths will reflect the reported. true thickness of the oxide layer. · Diamond holes are drilled at an acute angle to the steeply to vertically dipping carbonatite bodies, hence downhole widths will be greater than true widths. For drillholes drilled at -60°, true mineralisation widths will generally be in the order of 40-60% of downhole intersection lengths - this is shown in more detail on included cross sections. · If it is not known and · Down hole lengths are only the down hole reported lengths are reported, there should be a clear · Relationships between statement to this effect true lengths and true ( thickness are shown in eg down hole length, true cross width not sections known). Diagrams· Appropriate maps and · Refer to maps and sections (with scales) sections in and tabulations of release intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. Balanced· Where comprehensive · Results from all drillhol reporti reporting of all es ng Exploration Results is have been reported not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. Other · Other exploration data, · Geological mapping and substan if meaningful and interpretation is used as tive material, should be a base for included explora reported including (but drill tion not limited to): hole plans and sections data geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. Further · The nature and scale of · As presented in the text work planned further work of this ( report eg tests for lateral extensions or depth extensions or large-scale step-out drilling). · Diagrams clearly · As presented in the text highlighting the areas of of this possible extensions, report including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. Section 3 Estimation and Reporting of Mineral Resources Not applicable to this release - this does not include mineral resource estimations Section 4: Estimation and Reporting of Ore Reserves Not applicable to this release Section 5: Estimation and Reporting of Diamonds and Other Gemstones Not applicable to this release

Kommentare

Bewerten Sie diesen Artikel
Noch nicht bewertet
Hinweis Für den Inhalt der Pressemitteilung ist der Einsteller, Aguia Resources Limited, verantwortlich.

Pressemitteilungstext: 25494 Wörter, 66336 Zeichen. Artikel reklamieren
Keywords
Diese Pressemitteilung wurde erstellt, um bei Google besser gefunden zu werden.

Tragen Sie jetzt Ihre kostenlose Pressemitteilung ein!