AGR 4.88% 3.9¢ aguia resources limited

Sought a reason from Company as to why drill results hadn't been...

  1. 2,567 Posts.
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    Sought a reason from Company as to why drill results hadn't been released. This is the response, so we need to be patient.

    "We are currently drilling the newly discovered zone that was reported to the market in February (see attached). This is an extension of the original infill drill program that began last November. We expect to complete the drilling in the next month or so and will continue to provide updates to the market as the information becomes available. As you will note from the updates on drilling that have been released so far this year, the results have been very good and in places have exceeded our expectations in terms of the thickness and depth of the mineralization. We are seeing a high rate of conversion from Inferred to Measured & Indicated, the results of which will be applied in the Bankable Feasibility Study.

    We will be updating the market on further results from the drill campaign in the coming weeks. Once the drilling has been completed we will be in a position to analyze the results and provide an update on the Tres Estradas resource. I can assure you that our team is working very hard on site and we are keen to get the results out as soon as possible!

    Best regards,

    Catherine Stretch
    Chief Commercial Officer
    Aguia Resources Limited"
 
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Last
3.9¢
Change
-0.002(4.88%)
Mkt cap ! $46.30M
Open High Low Value Volume
4.1¢ 4.1¢ 3.9¢ $104.2K 2.614M

Buyers (Bids)

No. Vol. Price($)
3 195000 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 485851 2
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Last trade - 15.11pm 26/11/2024 (20 minute delay) ?
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