HIGHLIGHTS Letter of intent to grant an option to Colossus Resources to purchase Austral's Chilean Calvario and Mirador copper projects, previously acquired through the takeover of Revelo Resources Corp. in 20211. Up-front cash payment of US$100,000 for exclusivity. Option consideration is mainly comprised of a US$2.5 million work commitment over a two-year period, and 19.9% shareholding in Colossus upon signing the [...]
Austral Gold Ltd. is pleased to announce that it has appointed Republic Public Relations Pty Ltd as its investor relations advisor in Australia. Republic provides investor relations and communication services to a wide range of listed mining companies in Australia including writing and distributing ASX/news releases, managing social media campaigns, increasing investor awareness amongst the retail and institutional [...]
Austral Gold Ltd. is pleased to announce that it has filed its Annual Report for the Financial Year Ended 31 December 2022. About Austral Gold Limited Austral Gold Ltd. is a gold and silver explorer and mining producer whose strategy is to expand the life of its cash generating assets in Chile, restart its Casposo-Manantiales mine complex in Argentina and build a portfolio of quality assets in Chile, the USA and Argentina [...]
Austral Gold Ltd. is pleased to announce that it has obtained a US$1M unsecured short-term loan from two of its directors, Eduardo Elsztain and Saul Zang. The material terms of the loan are defined below. The proceeds from the loan will be used to support the Company's Capex on its heap reprocessing project at the Guanaco and Amancaya mine complex, which we forecast to start production in June 2023. About the Guanaco Heap [...]
HIGHLIGHTS Austral completes strategic sale of the Pinguino project Consideration: Cash of US$5M, 19.99% of E2 Metals' shares plus 15M E2 Metal options Austral becomes the largest shareholder of E2 Metals Austral Gold Ltd. is pleased to announce the completion of the previously announced agreement to sell 100% of the common shares of SCRN Properties Limited from Austral Gold Canada Limited to E2 Metals Limited . On [...]
Austral Gold Ltd. is pleased to announce that it filed its Appendix 4E Preliminary Financial Report for the Financial Year Ended 31 December 2022. The Report is available under the Company's profile at www.asx.com.au, www.sedar.com and on the Company's website at www.australgold.com. About Austral Gold Limited Austral Gold Ltd. is a gold and silver explorer and mining producer whose strategy is to expand the life of its [...]
Austral Gold Ltd. is pleased to announce that it has filed its Q4 2022 Quarterly Activity Report. The complete Report is available under the Company's profile at www.asx.com, www.sedar.com and on the Company's website at www.australgold.com/. About Austral Gold Austral Gold Ltd. is a gold and silver explorer and mining producer whose strategy is to expand the life of its cash generating assets in Chile, restart its [...]
HIGHLIGHTS Completed a 4,000-metre diamond drill program at the Casposo-Manantiales Project located in the province of San Juan, Argentina to test follow up targets at the Manantiales vein where high gold grades were previously intersected. The program indicated shallow mineralisation and possible continuity at depth. The best intercepts were: MDH-22-72: 6.10 metres @ 11.77 gpt gold and 10.0 gpt silver MDH-22-68: 2.40 [...]
HIGHLIGHTS Austral begins a 5,000 meters drilling campaign at the Jaguelito project in the San Juan Province of Argentina as part of the first stage of the option agreement with Mexplort to acquire 50% of the project Jaguelito represents a key pillar in Austral's strategy to target High-Sulphidation projects in mining friendly jurisdictions Jaguelito is an advanced exploration project located in a world class endowed gold [...]
HIGHLIGHTS Austral to receive US$5M in cash, 19.99% of E2 Metals' shares plus 15M options in exchange for 100% of SCRN Properties Ltd., owner of the Pinguino project Austral to become largest shareholder in E2 Metals with a right to appoint one board member Austral to retain option to purchase either all or half of the existing 2% NSR royalty on the Pinguino project Austral Gold Ltd. is pleased to announce that it has [...]
Austral Gold Ltd. is pleased to announce that it has filed its Q3 2022 Quarterly Activity Report. The complete Report is available under the Company's profile at www.asx.com, www.sedar.com and on the Company's website at www.australgold.com/. About Austral Gold Austral Gold Ltd. is a gold and silver explorer and mining producer whose strategy is to expand the life of its cash generating assets in Chile, restart its [...]
Highlights: 4,000 metre diamond drill program now underway. Objective is to expand recently discovered high-grade mineralisation. Current drilling program to test follow up targets on the Manantiales vein where high gold grades were intersected in three of the five holes drilled in our most recent drill program: MDH-02-63: 4.40 meters @ 18.65 g/t gold and 58 g/t silver MDH-02-64: 2.35 meters @ 15.61 g/t gold and 81 g/t [...]
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