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 attaches an amended Appendix 3Z that includes the correct closing balance of [...]
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 announced on 8 May 2023. AGNA's interest in RAH remains at 24.74%. Neither [...]
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 Act 2001. Release approved by the Company Secretary of Austral Gold, Chelsea [...]
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. Hubert joined the Board in 2011 and has provided an invaluable dedication during [...]
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 recently agreed to provide US$555,000 in bridge funding to the Rawhide Mine in [...]
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 option to take an approximate 99.98% stake in the mine and assume [...]
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 traded on the TSX.V 2022 Annual Report The Notice of Annual General Meeting and [...]
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 Securities Exchange. . For more information, please consult Austral's website [...]
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 gpt silver Including 1.5m @ 1.12 gpt gold and 45 gpt silver DJN-004: 21m [...]
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 [...]