Aguia Resources Reports Record Gold Production at Santa Barbara
Key points
- Record gold production of ~37 ounces in September 2026
- Gross revenue of AUD$218,000 from gold sales
- Corporate and operating costs met for the first time
- Plan to ramp up production to 200 tonnes per month by Q1 2027
Full summary
Aguia Resources Ltd has announced record gold production at its Santa Barbara project in Colombia. The company produced approximately 37 ounces of gold in September 2026 from 105 tonnes of ore mined, generating gross revenue of AUD$218,000 based on a gold price of US$4,135 per Troy ounce. Notably, this is the first time the company has met its corporate and operating costs in Colombia. Aguia's CEO, Timothy Hosking, highlighted the potential for increased production and the company's focus on expanding underground operations to achieve this. Additionally, Aguia has entered into a processing agreement with Colombian Mint to improve recovery and returns, which will continue. The company has also acquired additional mining equipment to support the ramp-up to 200 tonnes per month by Q1 2027.
Outlook
The company expects to update shareholders on its phosphate assets in Brazil in the next week.
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