Austral

Turmalina Expands Mineralization at Veta Rica and Discovers New Mineralized Zones

Retrieved on: 
Wednesday, November 15, 2023

This surface work has discovered multiple mineralized veins in the immediate vicinity of Veta Rica and has also discovered two new zones of similar epithermal mineralization located approximately two and four kilometres northwest of Veta Rica: the Machete and Destino systems respectively.

Key Points: 
  • This surface work has discovered multiple mineralized veins in the immediate vicinity of Veta Rica and has also discovered two new zones of similar epithermal mineralization located approximately two and four kilometres northwest of Veta Rica: the Machete and Destino systems respectively.
  • This mapping has also identified multiple mineralized veins adjacent to, and parallel with, the Veta Rica vein (Figures 2, 3 & 4) with similar average grades (typically 0.45 to 4 g/t Au).
  • Figure 3: Veta Rica Surface map and sections showing drill holes and distribution of rock chip sampling of the Veta Rica vein.
  • Figure 6: Examples of high-grade gold mineralisation in core samples and from an outcrop along strike from drilling at Veta Rica.

VIKING RETURNS TO ANTARCTICA FOR THIRD SEASON

Retrieved on: 
Tuesday, November 28, 2023

LOS ANGELES, Nov. 28, 2023 /PRNewswire/ -- Viking® (www.viking.com) is celebrating the start of its third expedition season in Antarctica, as the Viking Octantis® and her identical sister ship, the Viking Polaris® have arrived again in the region. Both ships will spend the Austral summer in Antarctica, before returning to North America's Great Lakes for voyages throughout the spring, summer and early fall.

Key Points: 
  • LOS ANGELES, Nov. 28, 2023 /PRNewswire/ -- Viking® ( www.viking.com ) is celebrating the start of its third expedition season in Antarctica, as the Viking Octantis ® and her identical sister ship, the Viking Polaris ® have arrived again in the region.
  • To meet strong demand for Antarctica voyages, Viking has also announced that the 2025-2026 season is now open for booking, including a new 87-day expedition, From the Arctic to Antarctica , sailing from Nuuk, Greenland to Ushuaia, Argentina.
  • "As we welcome guests back for a third season in Antarctica, we are pleased to introduce even more opportunities for the curious traveler to experience this phenomenal region in Viking comfort," said Torstein Hagen, Chairman of Viking.
  • On my own trip to Antarctica, I witnessed firsthand the incredible scenery and wildlife this fascinating continent has to offer.

Turmalina Discovers High-Grade Gold Vein System Including 17.9 g/t Au Over 1.18 m

Retrieved on: 
Tuesday, October 10, 2023

Casposo produced, between 2011 and 2015, 283,000 oz of gold and 9.6M oz of silver with average grades of 4.8 g/t Au and 183 g/t Ag.

Key Points: 
  • Casposo produced, between 2011 and 2015, 283,000 oz of gold and 9.6M oz of silver with average grades of 4.8 g/t Au and 183 g/t Ag.
  • Rock chip sampling of the Veta Rica vein 300m west of the drill target returned grades of up to 27 g/t Au.
  • Ongoing surface work has already extended the strike length of the vein system from 300 m to over 1.5 km.
  • 1 m @ 18 g/t Ag, 0.3 g/t Au, 0.5 % Pb & 0.2 % Zn; 0.5 % CuEq, SFDH-071 from 28 m).

Hewlett Packard Enterprise Builds AI Supercomputer for CRIANN to Accelerate Scientific Research and Innovation

Retrieved on: 
Tuesday, October 17, 2023

The new AI supercomputer is part of ongoing efforts to advance France’s national AI strategy and was co-funded by the Normandy Region, the French State, and the European Union through the European Regional Development Fund (ERDF).

Key Points: 
  • The new AI supercomputer is part of ongoing efforts to advance France’s national AI strategy and was co-funded by the Normandy Region, the French State, and the European Union through the European Regional Development Fund (ERDF).
  • Austral will help train robust AI models and run simulations and data analysis to accelerate scientific discovery and innovation in climate modeling, biotechnology, healthcare, and materials science, among other areas.
  • “We are proud to continue partnering with France’s national and regional centers to accelerate its AI missions by building powerful solutions using our supercomputers and AI software.
  • Accelerate innovation for autonomous driving by understanding obstacle avoidance across different environments, such as railways or adverse weather conditions.

AM Best Upgrades Credit Ratings of Austral Participações S.A.’s Insurance Subsidiaries; Revises Outlooks to Stable

Retrieved on: 
Friday, April 28, 2023

The outlook of these Credit Ratings (ratings) has been revised to stable from positive.

Key Points: 
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Austral Gold Announces Drill Results at Casposo-Manantiales

Retrieved on: 
Monday, January 30, 2023

The Company's objective is to establish sufficient mineral reserves to restart mining operations at the Casposo-Manantiales Project.

Key Points: 
  • The Company's objective is to establish sufficient mineral reserves to restart mining operations at the Casposo-Manantiales Project.
  • SYDNEY, AU, Jan 30, 2023 - (ACN Newswire) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) ("Austral") is pleased to announce the results from its recent drilling campaign ("drilling program") at the Casposo-Manantiales Project located in the province of San Juan, Argentina.
  • The best two holes intercepted high-grade gold confirming the continuity of mineralisation in the central ore-shoot and opening the upside at depth.
  • The AWD-22-003 hole located in the western sector of Awada recognised strong silicification in approximately 50 metres, although with low gold anomalies.

Austral Gold Begins Drilling at Jaguelito in Argentina

Retrieved on: 
Friday, December 2, 2022

Austral Gold's Chief Executive Officer, Stabro Kasaneva said: "As part of our strategic alliance with Mexplort, we are pleased to announce the start of our first phase of drilling at the Jaguelito project.

Key Points: 
  • Austral Gold's Chief Executive Officer, Stabro Kasaneva said: "As part of our strategic alliance with Mexplort, we are pleased to announce the start of our first phase of drilling at the Jaguelito project.
  • Austral plans to complete the First Stage of approximately 5,000m of diamond drilling (DDH) in 15 to 20 holes at Jaguelito Norte and Jaguelito Sur.
  • - At Jaguelito Norte, five drilling targets have been identified and in this stage at least three targets are expected to be tested with 3,500 meters of DDH drilling.
  • Progress is being made in the delineation process and our objective is to define drilling targets to be tested with 1,500 meters of drilling.

Austral Gold to Sell Pinguino to E2 Metals for US$~10M

Retrieved on: 
Thursday, November 24, 2022

- Austral to receive US$5M in cash, 19.99% of E2 Metals' shares plus 15M options in exchange for 100% of SCRN Properties Ltd., owner of the Pinguino project

Key Points: 
  • - Austral to receive US$5M in cash, 19.99% of E2 Metals' shares plus 15M options in exchange for 100% of SCRN Properties Ltd., owner of the Pinguino project
    SYDNEY, AU, Nov 25, 2022 - (ACN Newswire) - Austral Gold Limited ("Austral") (ASX: AGD) (TSXV: AGLD) is pleased to announce that it has entered into a Share Sale Agreement (the "Agreement") with E2 Metals Limited ("E2") (ASX: E2M) and Austral Gold Canada Limited ("Austral Canada"), a Canadian subsidiary of Austral, pursuant to which Austral Canada has agreed to sell 100% of the common shares of SCRN Properties Limited ("SCRN") to E2 (the "Transaction") for total consideration of US$~10 million.
  • SCRN's main asset is the polymetallic Pinguino Project, located in the Deseado Massif in the Santa Cruz Province of Argentina (please refer to About Pinguino).
  • Austral Gold's Chief Executive Officer Stabro Kasaneva said: "We firmly believe in the Pinguino project.
  • E2 Metals Limited is an Australian exploration company focused on making new discoveries in the world class Santa Cruz gold and silver province, southern Argentina.

VIKING TAKES DELIVERY OF SECOND EXPEDITION SHIP

Retrieved on: 
Tuesday, September 27, 2022

LOS ANGELES, Sept. 27, 2022 /PRNewswire/ -- Viking® (www.viking.com) today announced it has taken delivery of the Viking Polaris®, the company's second purpose-built expedition ship. The delivery ceremony took place this morning at Fincantieri's VARD shipyard in Søviknes, Norway, where Viking's first expedition ship, the Viking Octantis®, was delivered in December 2021. The Viking Polaris immediately set sail toward Amsterdam, where she will be named on September 30 by her ceremonial godmother, Ann Bancroft, one of the world's preeminent polar explorers. Currently sailing in the Great Lakes, the Viking Octantis will also be named on September 30 by her ceremonial godmother, Liv Arnesen, the world-renowned Norwegian explorer, lecturer, author and educator. From Amsterdam, the Viking Polaris will make her way to South America, and both ships will spend the Austral summer in Antarctica, before traveling north to the Great Lakes for a series of voyages during spring and summer.

Key Points: 
  • LOS ANGELES, Sept. 27, 2022 /PRNewswire/ -- Viking ( www.viking.com ) today announced it has taken delivery of the Viking Polaris , the company's second purpose-built expedition ship.
  • The delivery ceremony took place this morning at Fincantieri's VARD shipyard in Sviknes, Norway, where Viking's first expedition ship, the Viking Octantis , was delivered in December 2021.
  • "Today is a proud day for the Viking family as we welcome the Viking Polaris to our fleet.
  • The new Polar Class Viking Octantis and Viking Polaris host 378 guests in 189 staterooms.

Pampa Metals Confirms Tertiary Age for Host Rock Porphyry and Native Gold-Sulphide Mineralization in Quartz-Veinlet Stockwork at the Buenavista Target (Block 4 Project)

Retrieved on: 
Monday, August 8, 2022

The recently obtained Tertiary geological age date is an important additional component adding to the attractiveness of the Buenavista Target.

Key Points: 
  • The recently obtained Tertiary geological age date is an important additional component adding to the attractiveness of the Buenavista Target.
  • Paul Gill, Pampa Metals CEO, stated: We are delighted with the latest information from the Buenavista Target.
  • The Early Tertiary (Paleocene) age date obtained for the host rock porphyry at the Buenavista target in Block 4 would be the first for the Sierra Vaquillas Altas area in northern Chile.
  • A Paleocene age is considered the maximum age for the porphyry system at the Buenavista target, but may in fact represent the host rock for a younger porphyry event.