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Austral Gold Ltd V.AGLD

Alternate Symbol(s):  AGLDF

Austral Gold Limited is an Australia-based junior mineral exploration company. It is a gold and silver mining producer. The Company is focused on the acquisition, discovery and advancement of high-quality copper gold projects in the Americas. It owns 100% interest in the Guanaco/Amancaya mines in Chile and the Casposo-Manantiales mine complex in Argentina, a non-controlling interest in the Rawhide Mine in Nevada, United States of America and a non-controlling interest in Ensign Gold which holds the Mercur project in Utah, United States of America. The Guanaco/Amancaya mines in Chile operation is in northern Chile in the Antofagasta Region, approximately 220 kilometers (km) southeast of Antofagasta City. The Casposo-Manantiales mine situated approximately 150 km northwest of San Juan City, in the Department of Calingasta, San Juan Province, Argentina. Its explorations include Triassic Choiyoi Belt, Indio Belt, and Deseado Massif.


TSXV:AGLD - Post by User

Bullboard Posts
Post by DoughBoyson Jul 31, 2018 4:05pm
152 Views
Post# 28393743

Q2 Results - Improvements at Guanaco/Amancaya

Q2 Results - Improvements at Guanaco/Amancaya

22k GOE production in the quarter; management appears to be getting back on track. Guidance increased slightly for the full year.

Cash costs brought down at both sites QoQ but Casposo still lagging on production. Overall a mixed bag with some decent exploration results.

Bullboard Posts