Aguia Resources: Improved Recoveries and Production at Santa Barbara Gold Project.

Aguia Resources Limited (ASX: AGR) has reported a significant improvement in gold recoveries at its Santa Barbara Gold Project in Colombia, with recoveries increasing from 70% in December to over 85% in January. This marks the second consecutive month of improved performance, achieved by a smaller, more cohesive team. The team has also managed to increase gold production despite processing lower-grade material. The company aims to mine more selectively in February to avoid diluting high-grade ore, boosting future gold recovery. Exploration at Santa Barbara has identified new zones of interest, and further updates are expected soon. In addition, Aguia plans to upgrade the crushing section and enter into a 100-ton trial with the Colombian Mint to improve metallurgical processes. The company is focused on improving its recovery rates and gold production while maintaining a streamlined workforce.

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