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Austral Gold Announces Filing of Q4 2018 Quarterly Activity Report

Financials

Austral Gold Announces Filing of Q4 2018 Quarterly

Activity Report

Sydney, Australia--(Newsfile Corp. - January 31, 2019) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company") is

pleased to announce that it has filed its December 2018 Quarterly Activity Report. 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) 8098 1161

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

https://www.newsfilecorp.com/release/42569