Record gold grades for Aguia at Colombian mining play - The West Australian

AI desk brief

Aguia Resources reported record August output from its Santa Barbara gold mine in Colombia, producing 942 grams at just over 10 g/t and generating A$171,000 in revenue. A third-party processing trial with the Colombian Mint returned 637.4 grams of payable gold from 15.05 g/t head grade, plus 1,226.8 grams of payable silver, underscoring a potential near-term cash-flow route while the company ramps output.

Management says tighter grade control, lower dilution and selective mining cut first-half 2026 capex by 80%, opex by 56% and overheads by 38% versus the prior six months. Aguia is targeting a staged increase in throughput to 200 tonnes/month over the next 90-120 days and plans to resume exploration in Colombia in Q4 after a A$3 million capital raise.