HIGHLIGHTS Austral Gold Ltd.'s subsidiary executes a Toll Processing Agreement with ASX-listed Challenger Gold following the Binding MOU announced on 5 December 2024. Transaction to create a new revenue stream for the Austral Gold Group, including a US$3 million fixed payment , a US$110,000 monthly fee, and an incentive fee linked to recovery margins. Operations are anticipated to commence in the second half of 2025 [...]
Established gold producer Austral Gold Ltd. is pleased to announce that Casposo Argentina Ltd - Sucursal Argentina , a branch of the Company's subsidiary Casposo Argentina Mining Ltd., obtained a US$7 million secured loan from Banco San Juan S.A., located in Argentina. Casposo plans to use the proceeds to refurbish the Casposo Plant to support the recently announced Binding Memorandum of Understanding with ASX-listed [...]
HIGHLIGHTS Austral Gold Ltd.'s subsidiary executes a Binding MOU with ASX-listed Challenger Gold to process mineralised material from Challenger Gold's 100% owned Hualilan Project over a three-year term at the Casposo Plant in Argentina. Transaction to create a new revenue stream for the Austral Gold Group, including a US$3 million fixed payment , a US$110,000 monthly fee, and an incentive fee linked to recovery margins [...]
Established gold producer Austral Gold Ltd.'s is pleased to announce that it has filed its Q3 2024 Quarterly Activity Report. The complete Report is available under the Company's profile at www.asx.com, www.sedarplus.ca and on the Company's website at www.australgold.com/. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Release approved [...]
Established gold producer Austral Gold Ltd. is pleased to announce that Inversiones Financieras del Sur SA has agreed to lend it the sum of US$2.0 million . IFISA is the Company's largest shareholder and two of the Company's directors, Mr. Eduardo Elsztain and Mr. Saul Zang, are also directors and shareholders of IFISA, and the loan is therefore considered to be a 'related party' transaction. Material terms of the Loan [...]
Established gold producer Austral Gold Ltd. is pleased to announce that it has filed its half year report for the six months ended 30 June 2024. The complete Report is available under the Company's profile at www.asx.com, www.sedarplus.ca, www.otcmarkets.com and on the Company's website at www.australgold.com/. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or [...]
Established gold producer Austral Gold Ltd. is pleased to report that the high-pressure grinding roll equipment has finally been repaired and transported to the Company's 100% owned Guanaco- Amancaya mine site. The installation of the HRC 800 is scheduled for the week starting 2 September, with commissioning expected to take place on 9 September under the supervision of the vendor's technical specialists. Chief Executive [...]
Established gold producer Austral Gold Ltd. reports that due to recent unforeseen circumstances the Company and its auditor have been unable to complete the 2024 Half Year Report by 30 August 2024 . The Company will endeavour to finalise its 2024 Half Year Report as soon as possible and will provide further updates as required in accordance with its continuous disclosure obligations. About Austral Gold Austral Gold is a [...]
Established gold producer Austral Gold Ltd. is pleased to announce that it has entered into an unsecured credit facility agreement with Inversiones Financieras del Sur SA for up to US$3.5 million. IFISA is the Company's largest shareholder and the Company's directors, Eduardo Elsztain and Saul Zang, are also directors and shareholders of IFISA. Material terms of the credit facility: Credit Facility Amount: Up to US$3.5 [...]
Established gold producer Austral Gold Ltd. advises that further to its announcement of July 25, 2024, its subsidiary Austral Gold Canada Limited completed the sale of shares of Unico Silver Limited , to the Company's largest shareholder, Inversiones Financieras del Sur SA Sociedad Anonima , pursuant to a share purchase agreement dated July 24, 2024 . The Company's directors, Eduardo Elsztain and Saul Zang, are also [...]
Established gold producer Austral Gold Ltd.'s is pleased to announce that it has filed its Q2 2024 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/. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Release approved by [...]
Established gold producer Austral Gold Ltd. advises that its subsidiary Austral Gold Canada Limited and the Company's largest shareholder, Inversiones Financieras del Sur SA Sociedad Anonima , have entered into a share purchase agreement dated July 24, 2024 . This Agreement provides for a transaction substantially similar to a share sale transaction conducted by AGCL in late June, 2024, in which AGCL sold Unico Shares to [...]