Emerging phosphate and potash exploration company Aguia Resources Ltd has reported an initial JORC compliant in-pit inferred resource of 21m tonnes grading 4.6% phosphate (P2O5) at its Tres Estradas phosphate project in Brazil.
This includes a higher grade oxide zone from surface of 1.8m tonnes grading 10.9% P2O5.
The grade and mineralogy is similar to that of...