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Aguia Resources Limited (ASX:AGR)

ALERT: Price-sensitive ASX Announcement for AGR
Current share price for AGR : $0.016 -0.004 (-18.42%)+
Release
6 Feb 2026 9:39AM
Price at Release
$0.019
Full Release
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Summary
The document discusses the improved gold recoveries and production at the Santa Barbara Gold Project in Colombia. Aguia Resources Limited reported a significant increase in gold recovery rates from 70% in December to over 85% in January, achieved by the smaller, cohesive mining team. The team has been processing lower-grade stockpiled material using established protocols, with plans to transition to a fully mechanized, continuous process. The company aims to selectively mine higher-grade veins and has entered into an agreement with the Colombian Mint for a 100-ton trial to optimize metallurgical processes. Exploration continues to identify new zones of interest, with further updates pending.
Key Points
  • Gold recoveries improved from 70% to over 85% in January.
  • Revenue from gold sales expected to increase as grades improve.
  • Objective to mine selectively and avoid diluting higher-grade ore.
  • Exploration work continues at Santa Barbara with pending updates.
  • Transition to a mechanized continuous plant process underway.
  • Agreement with Colombian Mint for a 100-ton trial to improve processes.
  • Aguia Resources is focused on optimizing gold production and exploration in Colombia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.