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Austral Gold Ord Shs 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

Post by Betteryear2on Apr 24, 2023 4:10pm
232 Views
Post# 35411133

Diamond Drilling Returns Gold and Silver Intercepts

Diamond Drilling Returns Gold and Silver Intercepts

HIGHLIGHTS

  • Gold and silver mineralisation intersected by diamond drilling at the Jaguelito Project, located within Argentina's prolific El Indio Gold Belt close to the Barrick's Veladero gold mine and Altura's project.
     
  • Best intercepts from assays of seven drill holes received:

    Capote-Alcatraz target          DJN-003: 26m @ 0.60 grams per tonne (gpt) gold and 7 gpt silver
    (Norte Zone)                              Including 1.5m @ 1.12 gpt gold and 45 gpt silver

                                                      DJN-004: 21m @ 1.24 gpt gold and 1 gpt silver
                                                      Including 3.0m@ 3.32 gpt gold and <0.5 gpt silver

    La Cua Norte target          DJN-006: 4m@ 1.40 gpt gold and 26 gpt silver

    (Norte Zone)

Sydney, Australia--(Newsfile Corp. - April 24, 2023) - Established gold producer Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company" or "Austral") has encountered gold and silver mineralisation in drilling at the Jaguelito Project, within Argentina's prolific El Indio Gold Belt.

Diamond Drilling Returns Gold and Silver Intercepts at Jaguelito Project, Argentina (newsfilecorp.com)

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