Aguia Resources has streamlined its Santa Barbara gold operation in Colombia, reducing its workforce to 25 and shifting to one-shift batch processing, resulting in December gold recoveries of approximately 70%. Expected gold sales for December are around $120,000, with plans to improve recovery rates above 80% and mine 400 tonnes of high-grade ore. The company aims to enhance operational efficiency and cash flow while preparing for future exploration drilling. Additionally, Aguia is divesting non-core assets to focus on its Colombian and Brazilian projects, positioning itself for growth in 2026.
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