Austral Gold Announces Resignation of VP Exploration
Austral Gold Limited ABN 30 075 860 472 ASX: AGD TSXV: AGLD
Level 5 126 Phillip St, Sydney NSW 2000 | T +61 2 9380 7233 | F +61 2 9251 7455 | [email protected] | www.australgold.com
MEDIA RELEASE
Austral Gold Limited
27 January 2023
Austral Gold Announces Resignation of VP Exploration
Austral Gold Limited (“Austral" or the “Company”) (ASX: AGD; TSX-V: AGLD) announces the
resignation of Vice President of Exploration Raúl Guerra, effective 31 January 2023 who is leaving
the Company to pursue other opportunities. The Company thanks Raúl for his contributions and
wishes him all the best with his future endeavours.
Austral remains well-equipped with a strong exploration team that will be led by Chief Executive
Officer Mr. Stabro, Kasaneva, a qualified geologist with more than 30 years of experience.
Austral looks forward to updating shareholders on exploration progress in the coming week.
About Austral Gold Limited
Austral Gold Limited is a gold and silver explorer and mining producer whose strategy is to expand
the life of its cash generating assets in Chile, restart its Casposo-Manantiales mine complex in
Argentina and build a portfolio of quality assets in Chile, the USA and Argentina organically
through exploration and via acquisitions and strategic partnerships. Austral owns a 100% interest
in the Guanaco/Amancaya mines in Chile and the Casposo-Manantiales mine complex (currently
on care and maintenance) in Argentina, a non-controlling interest in the Rawhide Mine in Nevada,
USA and a non-controlling interest in Ensign Gold which holds the Mercur project in Utah, USA.
In addition, Austral owns and has options on an attractive portfolio of exploration projects in the
Paleocene Belt in Chile (including the Jaguelito project in San Juan, Argentina, projects acquired
in the 2021 acquisition of Revelo Resources Corp), a noncontrolling interest in Pampa Metals
and a 51% interest in the Sierra Blanca project in Santa Cruz, Argentina. Austral Gold Limited is
listed on the TSX Venture Exchange (TSX-V: AGLD) and the Australian Securities Exchange.
(ASX: AGD). For more information, please consult Austral's website at 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.
Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.
For additional information please contact:
Jose Bordogna Ben Jarvis
Chief Financial Officer Director
Austral Gold Limited Austral Gold Limited
[email protected] [email protected]
+61 466 892 307 +61 413 150 448
Austral Gold Limited ABN 30 075 860 472 ASX: AGD TSXV: AGLD
Level 5 126 Phillip St, Sydney NSW 2000 | T +61 2 9380 7233 | F +61 2 9251 7455 | [email protected] | www.australgold.com
Forward Looking Statements
Statements in this news release that are not historical facts are forward-looking
statements. Forward-looking statements are statements that are not historical, and consist
primarily of projections - statements regarding future plans, expectations and
developments. Words such as "expects", "intends", "plans", "may", "could", “potential”, "should",
"anticipates", "likely", "believes" and words of similar import tend to identify forward-looking
statements. A forward-looking statement in this news release includes the exploration team will be
led by Chief Executive Officer Mr. Stabro, Kasaneva, a qualified geologist with more than 30 years
of experience.
All of these forward-looking statements are subject to a variety of known and unknown risks,
uncertainties and other factors that could cause actual events or results to differ from those
expressed or implied, including, without limitation, business integration risks; uncertainty of
production, uncertainty of exploration programs, development plans and cost estimates, commodity
price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the
state of the capital markets especially in light of the effects of the novel coronavirus,, uncertainty in
the measurement of mineral reserves and resource estimates, Austral’s ability to attract and retain
qualified personnel and management, potential labour unrest, reclamation and closure
requirements for mineral properties; unpredictable risks and hazards related to the development
and operation of a mine or mineral property that are beyond the Company’s control, the availability
of capital to fund all of the Company’s projects and other risks and uncertainties identified under the
heading “Risk Factors” in the Company’s continuous disclosure documents filed on the ASX and
on SEDAR. You are cautioned that the foregoing list is not exhaustive of all factors and
assumptions which may have been used. Austral cannot assure you that actual events,
performance or results will be consistent with these forward-looking statements, and management’s
assumptions may prove to be incorrect. Austral’s forward-looking statements reflect current
expectations regarding future events and operating performance and speak only as of the date
hereof and Austral does not assume any obligation to update forward-looking statements if
circumstances or management’s beliefs, expectations or opinions should change other than as
required by applicable law. For the reasons set forth above, you should not place undue reliance
on forward-looking statements.