Ausgold Ltd
Ausgold Limited is an Australia-based gold exploration and development company.
The business
Ausgold Limited is an Australia-based gold exploration and development company. The Company’s flagship project is the Katanning Gold Project, located approximately 275 kilometers (km) south-east of Perth and approximately 40km north-east of the wheatbelt town of Katanning. The tenements cover over 5,500 square kilometers (km2) of the Katanning Greenstone Belt in the south-west corner of the Yilgarn Craton, which hosts some of Australia’s gold deposits. Its portfolio also includes the Doolgunna Station Cu-Au project and the Yamarna Ni-Cu-Co project in Western Australia and the Cracow Au Project in Queensland. The Doolgunna Station Project is located over 150 km north-east of Meekatharra in Western Australia’s Bryah Basin and approximately 13km to the west of, and along trend from, Sandfire Resources’ Degrussa copper-gold operation. The Yamarna Project is located approximately 125 km north-east of Laverton in central Western Australia on Exploration Licenses E38/2129 and ELA 38/3311.
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Latest news
Ausgold Chases Resource Growth at Katanning Gold Project with Expanded Drilling Campaign
Ausgold (ASX: AUC) expands Katanning drill program to 54,000m after strong Central/Southern zone assays, hinting at resource growth and future reserve upside.
Ausgold Clears Path for Katanning DFS Re-Optimisation with Strategic Land Acquisition
Ausgold (ASX: AUC) has struck a breakthrough land deal that clears a long-running legal hurdle and paves the way for the full development of its Katanning gold project in Western Australia. The company has agreed to acquire 860 hectares of freehold land covering a significant portion of the project’s mineral resource, resolving disputes that have […]
Ausgold delivers robust DFS with 1.14Moz over a 10-year mine life for Katanning gold project
Ausgold (ASX: AUC) says the positive results of its definitive feasibility study (DFS) for the Katanning gold project are a critical milestone in its journey to becoming Australia’s next mid-tier gold producer. The company believe the DFS results reinforce Katanning’s status as a development-ready, long-life gold project with a fast payback period across a range […]
Ausgold raises $38m to advance development of Katanning gold project
Ausgold (ASX: AUC) has received firm commitments to raise $38 million for the development of its flagship Katanning gold project in Western Australia. The company will issue up to just under 1.3 billion new shares at $0.03 each, representing a 14.3% discount to the last closing price of $0.035 on 31 May and a 7.68% […]
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