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Austral Gold Announces Filing of Appendix 4E Preliminary Final Report for the Financial Year Ended 31 December 2018

Corporate Updates

Austral Gold Announces Filing of Appendix 4E

Preliminary Final Report for the Financial Year Ended 31

December 2018

Sydney, Australia--(Newsfile Corp. - February 27, 2019) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company") is

pleased to announce that it has filed its Appendix 4E Preliminary Final Report for the Financial Year Ended 31 December 2018.

The Report is available under the Company's profile at

www.asx.com.au

and

www.sedar.com

and on the Company's website at

www.australgold.com

.

About Austral Gold

Austral Gold Limited is a growing precious metals mining, development and exploration company building a portfolio of

quality assets in Chile and Argentina. The Company's flagship Guanaco project in Chile is a gold and silver producing mine

with further exploration upside. The Company is also operator of the underground silver-gold Casposo mine in San Juan,

Argentina. With an experienced local technical team and highly regarded major shareholder, Austral's goal is to continue to

strengthen its asset base through acquisition and discovery. Austral Gold Limited is listed on the TSX Venture Exchange

(TSXV: AGLD), and the Australian Securities Exchange. (ASX: AGD). For more information, please consult the company's

website

www.australgold.com

.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

On behalf of Austral Gold Limited:

"Stabro Kasaneva" CEO

For additional information please contact:

Jose Bordogna

Chief Financial Officer

Austral Gold Limited

[email protected]

+54 (11) 4323 7558

Andrew Bursill

Company Secretary

Austral Gold Limited

[email protected]

+61 (2) 9698 5414

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/43110