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Brazil phosphate explorer Aguia Resources (AU:AGR) has upgraded the resource at its Tres Estradas deposit after getting more than half way through the feasibility study.
The Tres Estradas resource has grown from 24Mt to 83Mt in a little over two years
The project in Rio Grande do Sul, Brazil, contains a measured and indicated 83 million tonnes grading 4.1% P2O5, with an additional 22Mt in the inferred category at 3.7% P2O5.
Resource now ten times greater than current La Colorada mine
Copper resource for Aguia in Brazil
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