(firmenpresse) -
INFILL-BOHRPROGRAMM AUF TRES ESTRADAS LIEFERT WEITERHIN SEHR ERMUTIGENDE ERGEBNISSE
Wichtige Ergebnisse:
- Bohrungen demonstrieren weiterhin die homogene Art und Kontinuit盲t 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 m盲chtiger als im fr眉heren 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 oberfl盲chennahen oxidierten Vererzung:
o TER-17-202 durchteufte 30,00m mit 13,67% P2O5 ab Oberfl盲che einschlie脽lich 8,00m mit 18,85% P2O5.
o TER-17-203 durchteufte 24,00m mit 16,02% P2O5 ab Oberfl盲che einschlie脽lich 10,00m mit 20,03% P2O5.
- Erste Ergebnisse der Arbeiten in Pilotanlage der Eriez Flotation Division werden in K眉rze erwartet.
- Vergleichsstudie f眉r bankf盲hige Machbarkeitsstudie n盲hert sich dem Abschluss.
- Bankf盲hige Machbarkeitsstudie macht gute Fortschritte, Vergleichsstudie und erweitertes Bohrprogramm werden laut Erwartungen das Wert-Angebot weiter erh枚hen.
Das brasilianische Unternehmen mit Fokus auf die Entwicklung von Phosphatlagerst盲tten Aguia Resources Limited (ASX: AGR) (Aguia oder das Unternehmen - http://www.commodity-tv.net/c/mid,36622,VRIC_2017/?v=297284 ) berichtet den Aktion盲ren 眉ber den neuesten Stand des Infill-Bohrprogramms auf ihrem Vorzeige-Phosphatprojekt Tres Estradas im S眉den Brasiliens. Das Programm liefert weiterhin sehr ermutigende Ergebnisse, die die Homogenit盲t und Kontinuit盲t der Lagerst盲tte demonstrieren. Vier Kernbohrger盲te sind weiterhin vor Ort im Einsatz. Das R眉cksp眉lbohrprogramm wurde jetzt abgeschlossen.
Bis dato wurden Bohrungen mit einer Gesamtl盲nge von 12.680m niedergebracht, davon entfallen 8.465m auf Kernbohrungen und 4.215m auf R眉cksp眉lbohrungen. Nach Identifizierung einer neuen Vererzungszone entlang der S眉dgrenze der Lagerst盲tte 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 ungef盲hr 14.000 Bohrmeter umfassen, eine Zunahme um ungef盲hr 40% gegen眉ber dem urspr眉nglichen Plan. Der Abschluss der Bohrarbeiten wird bis Ende April erwartet. Die Ergebnisse werden in eine aktualisierte JORC konformen Ressourcensch盲tzung f眉r Tres Estradas aufgenommen, die nach Fertigstellung ver枚ffentlicht wird. Die Identifizierung der neuen Karbonatit-Zone besitzt das Potenzial f眉r eine beachtliche Erh枚hung 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 M盲chtigkeiten liefern, die mitunter besser sind als im urspr眉nglichen Modell f眉r 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% 眉ber den Erwartungen lag, und Bohrung TED-16-094 durchteufte 61,8m Karbonatit, was um 29,8m bzw. 93% 眉ber den den Erwartungen lag.
Die oxidierte Vererzung an der Oberfl盲che lieferte hohe Gehalte wie zum Beispiel in TER-17-202. Diese Bohrung durchteufte 30,00m mit 13,67% P2O5 ab Oberfl盲che einschlie脽lich 8,00m mit 18,85% P2O5 und Bohrung TER-17-203 durchteufte 24,00m mit 16,02% P2O5 ab Oberfl盲che einschlie脽lich 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 bankf盲hige Machbarkeitsstudie (Bankable Feasibility Study, BFS) betreut, f眉hrte vor Kurzem eine Projektbesichtigung als Teil ihrer 脺berpr眉fung des Ressourcenmodells durch und Aguia ist der Ansicht, dass die Berichte 眉ber diese Projektbesichtigung positiv waren und die Arbeiten des Unternehmens alle Qualit盲tskontrollma脽nahmen erf眉llten und 眉bertrafen.
Der technische Leiter Fernando Tallarico 盲u脽erte sich dazu: Wir k枚nnten mit den Ergebnissen nicht zufriedener sein, diese Lagerst盲tte erf眉llt weiterhin unsere Erwartungen, wie es das erweiterte Bohrprogramm demonstriert. Wir best盲tigen nicht nur unser urspr眉ngliches Ressourcenmodell, sondern identifizieren auch Aspekte der Lagerst盲tte, die unserer Ansicht nach das Potenzial zur Ressourcenerweiterung auf Tres Estradas besitzen. Die Folge ist eine Reduzierung des erwarteten Abraumverh盲ltnisses, was eventuell die Abbaukosten verbessern w眉rde angesichts der gr枚脽eren M盲chtigkeit der Lagerst盲tte und dass die neue Zone innerhalb der fr眉heren Grenzen der Tagebaugrube an die Oberfl盲che tritt.
Justin Reid, Managing Director von Aguia, f眉gte 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 w盲hrend der letzten paar Monate hart gearbeitet, um diese Ergebnisse vorzulegen, und ich begl眉ckw眉nsche es f眉r 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 planm盲脽ig. Wir haben signifikante Fortschritte auf unserer Entdeckung Eastern Limb gemacht und und kommen voran mit unseren Pl盲nen f眉r eine Notierungszulassung an der TSX Venture Exchange als Teil unserer laufenden Strategie der globalen Marktausdehnung.
F眉r weitere Informationen kontaktieren Sie bitte:
Justin Reid, Managing Director
E-Mail: jreid(at)aguiaresources.com.au
Tel.: +1 416-216-5446
Catherine Stretch, Chief Commercial Officer
E-Mail: cstretch(at)aguiaresources.com.au
Tel.: +1 416-309-2695
Jan-Per Hole, Vice President Corporate Development Australia
E-Mail: jph(at)aguiaresources.com.au
Tel.: +61 (0) 414 899 732
In Europa:
Swiss Resource Capital AG
Jochen Staiger
info(at)resource-capital.ch
www.resource-capital.ch
Herausgegeben durch Ben Jarvis, Six Degrees Investor Relations: +61 413 150 448
Folgen Sie Aguia auf Twitter: (at) Aguia_Resources
脺ber Aguia:
Aguia Resources Limited (Aguia) ist ein an der ASX notiertes Unternehmen, dessen Prim盲rfokus die Exploration und Entwicklung von Phosphatprojekten in Brasilien ist. Aguia besitzt ein bew盲hrtes und sehr erfahrenes Team im Land mit Sitz in Belo Horizonte, Brasilien, mit Firmenb眉ros in Sydney, Australien. Aguias Schl眉sselprojekte liegen in Rio Grande do Sul, ein erstklassiges Agrargebiet, das zu 100 % von Phosphatimporten abh盲ngig ist. Die Phosphatlagerst盲tten Rio Grande besitzen eine hohe Qualit盲t und haben kosteng眉nstige Produktionscharakteristiken. Ihre Lage ist ideal durch die N盲he zu Stra脽en-, 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 Erzvorr盲te 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 Vollzeitbesch盲ftigter der Unternehmens. Dr. Tallarico verf眉gt 眉ber ausreichende Erfahrung in Bezug auf den hier behandelten Vererzungs- und Lagerst盲ttentyp und die T盲tigkeiten, 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 ver枚ffentlicht wird, ist die offizielle, autorisierte und rechtsg眉ltige Version. Diese 脺bersetzung wird zur besseren Verst盲ndigung mitgeliefert. Die deutschsprachige Fassung kann gek眉rzt oder zusammengefasst sein. Es wird keine Verantwortung oder Haftung: f眉r den Inhalt, f眉r die Richtigkeit, der Angemessenheit oder der Genauigkeit dieser 脺bersetzung 眉bernommen. Aus Sicht des 脺bersetzers 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 Tr锚s 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 Tr锚s 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 Tr锚s 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路 Nature and quality of 路 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 路 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.
路 Include reference to 路 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
路 Aspects of the 路 Mineralisation is
determination of generally
mineralisation that are visual
Material to the Public
Report. In cases where 路 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 路 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 路 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路 Drill type (eg core, 路 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 陆
inches. No downhole
etc) and details (eg core surveys were completed.
diameter, triple or
standard tube, depth of
diamond tails, 路 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 路 Method of recording and 路 RC - recoveries are
sample assessing core and chip monitored by samples
recove sample recoveries and weight. The minimum
ry results recovery is
assessed. 85%.
路 Core Drilling - Recovery
by sample and by drill run
was recorded; core
recovery generally exceeds
97%
路 Measures taken to 路 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.
路 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.
路 Whether a relationship 路 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路 Whether core and chip 路 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 路 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
路 Whether logging is 路 RC logging includes
qualitative or lithology and
quantitative in nature. weathering
Core (or costean, channel,
路 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
路 The total length and 路 100% of the relevant
percentage of the relevant intersections of all
intersections drilling are
logged logged
Sub-sam路 If core, whether cut or 路 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.
路 If non-core, whether 路 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.
路 For all sampling and
drilling, samples are
dried and crushed, and
then milled to 75% passing
80 mesh using LM mills at
the
laboratory.
路 For all sample types, the 路 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
路 Quality control 路 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
路 Measures taken to ensure 路 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.
路 Whether sample sizes are 路 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路 The nature, quality and 路 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
路 Sample preparation and
analysis was completed at
SGSs Belo Horizonte
laboratory in Brazil using
standard crushing and
pulverization
techniques.
路 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).
路 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).
路 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.
路 make and model, reading 路 Where utilised, hand held
times, calibrations XRF is
factors applied and their
derivation, an Delta Analyser CS-4000
etc. by
Innov-X Systems
路 For geophysical tools, 路 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
路 Nature of quality control 路 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
路 This is in addition to
fine and coarse blank
standards prepared from
barren quartz
veins.
路 One each of the above
company supplied standards
is included in each batch
of 48 samples, in addition
to a pulp duplicate.
路 One batch of 48 samples
is sent monthly for umpire
laboratory
testing.
路 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)
路 Additionally, Aguia relies
on the analytical quality
control measured
implemented by the ISO
accredited laboratory
used.
Verific路 The verification of 路 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.
路 The use of twinned holes. 路 Given this is the initial
programme at TE South no
twin holes have been
drilled
路 Documentation of primary 路 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.
路 Data is yet to be
externally audited;
external audits of
previous drilling has
confirmed the veracity of
work carried
out
路 Discuss any adjustment to 路 There is no adjustment to
assay assay
data. data
Locatio路 Accuracy and quality of 路 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.
路 Specification of the grid 路 SAD 1969 UTM system, Zons
system 21S
used.
路 Quality and adequacy of 路 A topographic survey of
topographic the project area was
control. completed using
differential GPS
technology.
路 The survey consisting of
lines spaced 25 metres
apart, and control lines
spaced 100 metres
apart.
路 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 路 Data spacing for 路 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
路 Diamond Drilling -
Diamond holes (inclined)
at
Tres Estradas are being
drilled on 100m spaced
lines, with spacing along
drill lines determined by
carbonatite outcrop
路 Whether the data spacing 路 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.
路 Whether sample 路 For the purposes of
compositing has been reporting of results no
applied. sample compositing has
been
applied
Orienta路 Whether the orientation 路 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
路 If the relationship 路 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 路 The measures taken to 路 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 路 The results of any audits 路 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 路 Type, reference 路 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
路 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
Explo