AUSGOLD ORD
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% […]
Ausgold receives $3m backing from major investors for Katanning gold project
Ausgold (ASX: AUC) has received a major show of support from a group of international investors for its plans to develop the 3.04 million ounce Katanning gold project (KGP) in Western Australia. The company’s largest shareholder Dundee Resources and new institutional shareholders Arlington Group Asset Management and nominees of SCP Resource Finance LP (SCP) have […]