AGR: Record Gold Production at Santa Barbara Project Colombia

Original announcement by asx on

Company
Aguia Resources Limited
Ticker
AGR
Exchange
ASX
Region
Colombia
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Production, Drill results
Extracted
2026-10-05 22:11:50 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Aguia Resources reported record gold production at the Santa Barbara project in Colombia for September 2026, producing approximately 37 ounces from 105 tonnes of ore. The company achieved a milestone by covering its Colombian corporate and operating costs for the first time and plans to ramp up production to 200 tonnes per month by the end of 2026.

Reasoning: The company achieved record monthly production and reached a significant milestone of covering Colombian operating and corporate costs, despite the small scale of the operation.

Positive factors

  • record gold production achieved
  • corporate and operating costs met for the first time
  • high run-of-mine grade
  • improving performance and production ramp-up plan

Negative factors

  • modest production volumes

Facts used in scoring: 3

Classification and evidence

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The document details sampling techniques, laboratory use (SGS), and QA/QC protocols including blanks and standards.

Evidence · text

“Control blanks and commercial certified (CDN Labs or similar) standard samples are inserted in the sequence of sampling following a strict chain of custody and QA/QC protocols.”

Infill Drillingneutral · Story-specific tag

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company is focusing on underground expansion and exploration to define a Mineral Resource Estimate.

Evidence · text

“recommencing exploration activities to define a Mineral Resource Estimate”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

Fact 1goldGrade: 10.88Grade Unit: g/tIntercept: 105 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
AGR

Geometry

Grade
10.88
Grade Unit
g/t
Intercept
105 m
From
0 m
To
105 m
Intercept Depth
0 m

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Reported average head grade for the September production batch.

Positive factors

  • high grade above 10 g/t

Evidence · text

“mining produced 105 dry tonnes of run-of-mine material at an average head grade of 10.88 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2goldGrade: 36.75Grade Unit: ozIntercept: 105 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
AGR

Geometry

Grade
36.75
Grade Unit
oz
Intercept
105 m
From
0 m
To
105 m
Intercept Depth
0 m

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Total gold produced during the month of September.

Positive factors

  • record production

Evidence · text

“The Colombian Mint processing plant recovered 1,143.07 grams of gold (36.75 Troy ounces)”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 3silverGrade: 2124Grade Unit: gIntercept: 105 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Commodity
silver
Region
colombia
Reported Region
colombia
Ticker
AGR

Geometry

Grade
2124
Grade Unit
g
Intercept
105 m
From
0 m
To
105 m
Intercept Depth
0 m

Classification

Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-05T00:00:00.000Z

Reasoning: Total silver produced during the month of September.

Evidence · text

“together with 2,124 grams of payable silver”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.