Aguia Resources Limited (AU:AGR) has released an update.
Aguia Resources Limited has announced a reinterpretation of the El Dovio Project in Colombia, revealing high-grade polymetallic gold, copper, silver, and zinc mineralization that is not part of a typical Volcanogenic Massive Sulphide deposit, but rather associated with structurally controlled veins linked to multiple tectonic events. The updated geological model is based on a re-examination of historic data, which includes significant drill intercepts and high recovery rates from metallurgical testwork. This new understanding of the deposit’s geology could imply a more straightforward mining process and potentially enhance the project’s economic viability.
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