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Austral Gold Ltd. V.AGLD

Alternate Symbol(s):  AGLDF

Metals & Mining Industrial Metals & Minerals
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

Austral Gold Ltd.
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Post by DoughBoyson Jan 30, 2020 12:43pm
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Post# 30620528

More Gold Found Near Guanaco

More Gold Found Near Guanaco

there was up to 19g/t over 1m drill section most were between 2-8g/t which is not bad located only 7km away from the existing mine site. This is good as new reserves were needed. Now Austral can continue to use the low-cost guanaco/amancaya site to continue to produce cash to drill at casposo and perhaps acquire more rawhide shares. There shouldn't be any need for dilution, but I am hoping they offer the shares and warrants to those of us in Canada.

Quarterly/annual results should follow soon!


https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2009-tsx-venture/agld/72595-austral-gold-announces-drilling-results-at-sierra-inesperada-chile.html


 

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