Austral Gold Reports December 2017 Quarterly Results
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2018) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ('the Company') is pleased to report results from its activities during its quarter ended 31 December 2017. "We have made significant progress this quarter. We overcame challenges that existed in the commissioning phase of our new agitation leach plant at Guanaco (Chile) and nearly doubled production from the prior quarter at Guanaco and Amancaya. In addition, production increased at Casposo (Argentina) for the...
2018-01-31 8:30 AM EST
Austral Gold Pays Performance Bonus to CEO in the Form of Ordinary Shares
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2018) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company") is pleased to announce that it has issued 5,189,832 ordinary shares to Stabro Kasaneva, the Chief Executive Officer and a director of the Company, as a performance bonus on 12 December 2017. The issuance of these bonus shares, which constitute less than one percent (1%) of the issued and outstanding shares of the Company, was approved by a majority of the...
2018-01-12 4:34 PM EST
Austral Gold Announces Completion of the Purchase of the San Guillermo and Reprado Projects, Northern Chile
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company" or "Austral") is pleased to announce that it has completed its purchase of a 100% interest in the San Guillermo and Reprado gold-silver projects from Revelo Resources Corp. ("Revelo") — (TSX-V: RVL). Both projects are located in the emerging Amancaya precious metals district of northern Chile, as previously announced (see Company's news release dated July 17, 2017).The purchase price for these...
2017-11-14 8:30 AM EST
Austral Gold Announces Change of Year End
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ('Company" or "Austral") wishes to advise of a change to its financial year end from 30 June to 31 December. The purpose of this change is to align the Company's financial year with that of its operating subsidiaries.As a result of the change, the current financial year will be a six month period from 1 July 2017 to 31 December 2017. The...
2017-11-08 12:28 PM EST
Austral Gold Reports September Quarter Results for 2017
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2017) - Austral Gold Limited (TSXV: AGLD) (ASX: AGD) ('the Company" or "Austral") is pleased to report results from activities during the first fiscal quarter ending September 30th, 2017. "During the quarter, our main focus was commissioning the new plant in Chile with the objective of having all sections of the plant operational. The team continues to work towards optimising technical performance of the plant and reaching full commercial production in the near...
2017-10-31 8:42 AM EDT
Austral Gold Announces Notice of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - October 27, 2017) - Austral Gold Limited (TSXV: AGLD) (ASX: AGD) ('the Company" or "Austral") is pleased to advise that the following documents will be dispatched to shareholders today:2017 Notice of Annual General MeetingShareholder proxy for shares traded on the ASX (if applicable)Shareholder proxy for shares traded on the TSX.V (if applicable)Annual Report (to those shareholders who have requested it)*The Notice of Annual General Meeting and the sample Proxy Forms will be filed on...
2017-10-27 12:22 PM EDT
Austral Gold Announces Filing of 2017 Financial Year Annual Report
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2017) - Austral Gold Limited (TSXV: AGLD) (ASX: AGD) ('the Company" or "Austral or "the Group"") is pleased to announce that the Annual Report for June 30, 2017 has been filed on the Australian Stock Exchange (www.asx.com.au) and SEDAR under the Company's profile name (www.sedar.com).Highlights for 2017 FY (July 1 2016- June 30, 2017):Commenced open pit mining operations on the Central Vein at Amancaya, which is a high grade gold and silver vein...
2017-09-29 8:52 AM EDT
Austral Gold Reports New High Grade Gold Vein Discovery in Trenching at Amancaya Project Including 2.5 Metres @ 9.70 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company" or "Austral") is pleased to announce that it has received the first batch of geochemical results from the maiden regional trenching program on its 100% owned Amancaya property, where the Company commenced open pit mining operations earlier this year. Results have indicated the presence of high grade gold hosted by quartz veining along a 2.8 km long structure (the "Nueva Vein"),...
2017-08-21 8:40 AM EDT
Austral Gold Announces Key Appointments: Chief Operating Officer and VP Technical Services
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ('the Company" or "Austral") is pleased to announce that Juan Andres Morel, Min.Eng, MBA, has joined the Company as Chief Operating Officer. Rodrigo Ramirez, Min.Eng, has also been appointed as the Vice President of Technical Services. The strengthening of the operational team follows the significant growth in the company over the last year. "The addition of Mr Morel to manage our three operations in...
2017-08-08 8:40 AM EDT
Austral Gold Agrees to Acquire Two Strategic Properties in Chile from Revelo Resources
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ('the Company" or "Austral") is pleased to announce that on 13 July, 2017 the Company executed a binding letter ("Offer Letter") to acquire the San Guillermo and Reprado projects (the "Projects") from Revelo Resources Corp. (TSXV: RVL) for the consideration of up to ten million Austral Gold ordinary shares representing approximately 1.9% of the total outstanding shares of Austral, subject to existing Net Smelter...
2017-07-17 8:30 AM EDT
Austral Gold Files Technical Report Supporting Robust Pre-Feasibility Study Results for Combined Guanaco Mine and Amancaya Project, Chile
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ("Austral" or the "Company") is pleased to announce the filing on SEDAR and the ASX of a Technical Report, prepared in accordance with National Instrument 43-101 and JORC Code, on the Guanaco and Amancaya Gold Project, Region II, Chile, dated 16 June, 2017, with an effective date of 31st December 2016 (the "Technical Report"). The Technical Report supports the Company's pre-feasibility study, disclosed...
2017-07-11 12:36 PM EDT
Austral Gold Announces Entering into US$5 million Credit Facility by Wholly Owned Subsidiary Guanaco Compania Minera, Chile
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ("Austral" or the "Company") announces that its wholly-owned Chilean subsidiary Guanaco Compañía Minera S.P.A has secured a U.S. $5,000,000 credit facility for its Chilean operations from BAF Latam Credit Fund, an unrelated third party lender. The credit facility is secured by a guarantee from the Company, as well as against a corresponding proportion of the receipts of doré sales from the Guanaco mine in Chile....
2017-06-19 8:30 AM EDT
IIROC Trade Resumption - Austral Gold Limited
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2017) - Trading resumes in: Company: Austral Gold Limited
2017-06-09 8:26 AM EDT
Austral Gold Reports Robust Pre-Feasibility Study Results for Combined Amancaya Project and Guanaco Mine, Chile
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ("Austral" or the "Company") is pleased to provide additional information to support positive and robust pre-feasibility results. This information is to supplement the mineral resource and reserve estimate for the Amancaya Project and Guanaco Mine, Chile, disclosed in the Company's announcement dated June 8, 2017.Highlights:After-Tax Net Present Value (NPV) at 7.5% discount rate is US$66.6 million for the Project.All-In Sustaining Cost (AISC): US$831/oz Au.The...
2017-06-09 8:00 AM EDT
IIROC Trade Halt - Austral Gold Limited
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2017) - The following issues have been halted by IIROC: Company:
2017-06-08 9:26 AM EDT
Austral Gold Announces Maiden Reserve Estimate for Amancaya Project and Updated Reserve and Resource Estimate at Guanaco Mine, Chile
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ("Austral" or the "Company") is pleased to announce that Roscoe Postle Associates Inc. ("RPA") has completed a new independent resource and reserve estimate in accordance with CIM Definition Standards, 2014 as incorporated in National Instrument ("NI") 43-101 and Joint Ore Reserves Committee Code, 2012 (JORC12) for the Company's 100% owned Amancaya project and Guanaco Mine, Chile. The Amancaya reserve estimate is the first in...
2017-06-08 8:40 AM EDT
Austral Gold Completes Connection to National Grid and Commences Ramp up Testing of New Plant
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ('the Company') is pleased to announce that on 6 June 2017 the 35km long 33kv transmission line from the mine to the northern Chile National grid (SING) was energized, following final approval from the national grid operator CEN (Coordinador Eléctrico Nacional).Connection to the grid should provide lower cost electricity, secured through a purchase agreement with the Almeyda Solar, a subsidiary of Enel Green...
2017-06-05 8:45 AM EDT
Austral Gold Reports Third Fiscal Quarter 2017 Results
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2017) - Austral Gold Limited ('the Company') (ASX: AGD) (TSXV: AGLD) is pleased to report results for quarterly activities for its third fiscal quarter ended March 31, 2017. Fiscal Third Quarter Highlights:(All figures are in U.S. dollars unless otherwise noted)Combined attributable Quarterly production of 12,307 Au oz and 180,488Ag oz (1)A 17% increase in quarterly production gold production from Guanaco mine compared to same quarter in the previous year.Guanaco mine production was 10,299...
2017-04-28 8:45 AM EDT
Austral Gold Acquires a Further 19% of Casposo Mine
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2017) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ('Austral' or 'the Company') is pleased to announce that the Company has paid US$1 million to Troy Resources Limited ('Troy') (ASX: TRY) to acquire an additional 19% interest in the Casposo silver-gold mine located in San Juan, Argentina ('Casposo'). Highlights:Austral has paid US$1 million to increase its stake in Casposo silver-gold mine by 19%, bringing total ownership to 70% as per the agreement with...
2017-03-06 8:45 AM EST
Austral Gold Reports Second Fiscal Quarter 2017 Results
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2017) - Austral Gold Limited ('the Company') (ASX: AGD) (TSXV: AGLD) is pleased to report results for quarterly activities for its second fiscal quarter ended December 31, 2016. Fiscal Second Quarter and January 2017 Highlights:(All figures are in U.S. dollars unless otherwise noted)Record quarterly production of 17,102 Au oz and 236,011 Ag oz125% increase in production of gold equivalent ounces2 from previous quarter at Guanaco.Respective average cash costs for the quarter at Guanaco...
2017-02-03 7:50 AM EST