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Summary
Small-cap gold miner Aguia Resources is advancing its Santa Barbara project in Colombia, with regular mining of 15 tonnes per day and plans to increase this to 50tpd by July, supported by processing upgrades and a new water pipeline. The company recently secured government approval for gold sales and completed a $3 million funding round, positioning itself for strong cash flow amid rising gold prices. Additionally, Aguia is set to commence a 25-hole diamond drilling program to explore high-grade veins and establish a maiden JORC resource by year-end, while also progressing on its organic phosphate production plans in Brazil.
