Bullboard - Stock Discussion Forum 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... see more

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Austral Gold Ltd. > More Gold Found Near Guanaco

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Post by DoughBoys on Jan 30, 2020 12:43pm

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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