HIGHLIGHTS Sustainable Operations: Production to start during the last week of July 2023 at the Company's Heap Reprocessing Project located at the Guanaco/Amancaya mine complex in Chile, which has been operating since 2012. Reprocessing is to supplement existing production for the next 10 years.* Low Cost Production: Projected cash operating costs [...]
Established gold producer Austral Gold Ltd. is pleased to announce that effective tomorrow, the Company's common shares will be uplisted from trading on the Pink Market of the OTC Markets Group Inc. to the OTCQB Venture Market under the same symbol it previously traded, "AGLDF". The Company will continue to trade on the ASX in Australia as the [...]
Established gold producer Austral Gold Ltd.'s advises that it has filed an amended Appendix 3Z which was originally lodged with ASX on 30 May 2023. Due to a typographical error, the original Appendix 3Z disclosed 595,500 fully paid ordinary shares of the Company with one of the holders listed for a total of 2,345,500 ordinary shares. The Company [...]
Established gold producer Austral Gold Ltd.'s subsidiary, Austral Gold North America Corp. , has decided not to exercise the previously obtained takeover option under an agreement with Rawhide Acquisition Holding LLC , the RAH unit owners and the Rawhide lenders . The decision comes after AGNA provided bridge financing of US$555,000 to Rawhide, as [...]
Austral Gold Ltd. advises that shareholders of the Company passed all resolutions in the Notice of Meeting dated 28 April 2023 at the General Meeting held today at 8:30am by way of poll. A summary of proxy votes and the number of votes cast on each poll is attached, in accordance with ASX Listing Rule 3.13.2 and Section 251AA of the Corporations [...]
Austral Gold Ltd. announces the retirement of Mr. Wayne Hubert, effective at the conclusion of the Annual General Meeting scheduled to take place on Tuesday, 30 May 2023. Under the Company's constitution and subject to his re-election at the Company's 2023 AGM, the Board has resolved to appoint Mr. Eduardo Elsztain as Non-Executive Chair. Mr [...]
Austral Gold Ltd. is pleased to announce that it has obtained a US$555,000 unsecured short-term loan from Inversiones Financieras del Sur S.A. , the Company's largest shareholder. The material terms of the loan are defined below. The proceeds from the loan will be used to invest in the Company's US subsidiary, Austral Gold North America, that [...]
AGREEMENT HIGHLIGHTS Austral Gold's subsidiary Austral Gold North America Corp to provide US$555,000 bridge funding to the Rawhide Mine in Nevada, a fully permitted operation that produces gold and silver through an open pit heap leaching operation. AGNA to perform a due diligence on the mine, in which it already owns a 24.74% interest. AGNA has an [...]
Established gold producer Austral Gold Ltd. is pleased to advise that the following documents were dispatched to shareholders today for its Annual General Meeting to be held on Tuesday, 30 May 2023, at 8:30am AEST in Sydney, Australia: Notice of Annual General Meeting Shareholder proxy for shares traded on the ASX Shareholder proxy for shares [...]
Established gold producer Austral Gold Ltd. is pleased to announce that it has filed its Q1 2023 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 Austral Gold Ltd. is listed on the TSX Venture Exchange and the Australian [...]
HIGHLIGHTS Gold and silver mineralisation intersected by diamond drilling at the Jaguelito Project, located within Argentina's prolific El Indio Gold Belt close to the Barrick's Veladero gold mine and Altura's project. Best intercepts from assays of seven drill holes received: Capote-Alcatraz target DJN-003: 26m @ 0.60 grams per tonne gold and 7 [...]
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 [...]