Aguia Resources discovers new phosphate mineralisation at Rio Grande project
Published: Wednesday, 08 October 2014
The discovery of new phosphate mineralisation areas at Aguia’s Rio Grande project in Brazil is likely to boost the economic viability of the project. The country is heavily import reliant for phosphate and potash, and domestic producers may have a significant low logistical cost advantage.
Australian junior Aguia Resources Ltd. has discovered new
sediment-hosted phosphate mineralisation at the Cerro Preto
area of its Rio Grande project, located in Brazils South
Black phosphate rock beds, occurring in the Arroio
Marmeleiro formation, crop out in a 5km wide,...