Mercur

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.

Austral Gold Provides Updated Corporate Presentation

Retrieved on: 
Monday, May 30, 2022

Sydney, Australia--(Newsfile Corp. - May 30, 2022) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company") is pleased to provide its updated corporate presentation that was provided to shareholders at its 2022 AGM held today.

Key Points: 
  • Sydney, Australia--(Newsfile Corp. - May 30, 2022) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company") is pleased to provide its updated corporate presentation that was provided to shareholders at its 2022 AGM held today.
  • The Corporate Presentation is available on the Company's website at www.australgold.com/corporate-presentations/ and under the Company's profile at www.asx.com , and www.sedar.com .
  • Austral Gold Limited is listed on the TSX Venture Exchange (TSXV: AGLD) and the Australian Securities Exchange.
  • Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.

Austral Gold Closes Acquisition of Ensign Gold

Retrieved on: 
Thursday, February 25, 2021

Ensign owns 54 patented claims, 370 unpatented claims, and 5 SITLA claims on South Mercur, West Mercur and North Mercur.

Key Points: 
  • Ensign owns 54 patented claims, 370 unpatented claims, and 5 SITLA claims on South Mercur, West Mercur and North Mercur.
  • Austral Gold Limited is a growing gold and silver mining, development and exploration company building a portfolio of quality assets in Chile, the USA and Argentina.
  • Austral Gold Limited is listed on the TSX Venture Exchange (TSXV: AGLD), and the Australian Securities Exchange.
  • Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.