Aguia Resources achieves record gold production in Colombia
- Aguia Resources produced ~37 ounces of gold in September, generating $218,000 in gross revenue.
- The company met its operating and corporate costs in Colombia for the first time.
- Aguia Resources acquired additional equipment to double monthly production to 200 tonnes before the first quarter of 2027.
Aguia Resources (ASX:AGR) recorded ~37 ounces of gold production in September 2026 at its Santa Barbara Project in Colombia.
The September output compares to ~32 ounces produced in the previous month from 105 tonnes of mined ore.
"This is what we are actively working towards, with immediate operations focused on the accelerated expansion of our underground operations to extract 200 tonnes of ore per month, up from the current ~100 tonnes per month," said Aguia Resources Managing Director and CEO Timothy Hosking.
The operation generated $218,000 in gross revenue based on a gold price of US$4,135 per Troy ounce, covering local costs for the first time.
Following the announcement, the Aguia Resources share price was unchanged at $0.012.
The company sent all September production to third-party processor Colombia Mint to improve overall recovery rates and financial returns.
Operations recorded run-of-mine grades above 10 grammes per tonne of gold, with a recent batch reaching 12.75 grammes per tonne.
