Austral Gold Provides Update on Guanaco Operations
Austral Gold Provides Update on Guanaco
Operations
HIGHLIGHTS
Guanaco production guidance for 2025 has been revised to 11,000-12,000 GEOs (previously
14,000-16,000 GEOs).
Guanaco is currently operating only the heap leach circuit; the agitation leach circuit remains
temporarily offline following the workplace fatality reported on 26 August 2025.
To date, approximately US$1.3 million in proceeds have been generated from the partial sale of
Austral's equity portfolio to support cash flow needs.
Sydney, Australia--(Newsfile Corp. - September 30, 2025) -
Austral Gold Limited
(ASX: AGD) (TSXV:
AGLD) (OTCQB: AGLDF) ("Austral" or the "Company"), an established gold producer, advises that
production guidance for the Guanaco Mine in Chile has been revised to 11,000-12,000 GEOs,
compared to the 14,000-16,000 GEOs previously disclosed in the June 2025 Quarterly Report.
Guanaco Mine, Chile
The revised production guidance reflects no production from the agitation leaching circuit following the
workplace fatality reported on 26 August 2025. The tailings filter section of the processing facility has
been suspended. However, Chilean authorities have now granted access to implement improvements
requested during their inspection of the plant. Despite this progress, the agitation leaching circuit
remains temporarily offline.
Guanaco continues to operate the heap leaching circuit and is actively reprocessing historical heaps.
Production is expected to stabilise by November 2025, with monthly output expected to exceed 1,200
GEOs.
Equity Investments Proceeds
To help offset the cash shortfall resulting from reduced production at Guanaco, a portion of Austral's
equity portfolio in publicly listed companies was sold. These transactions generated approximately
US$1.3 million in proceeds during September 2025.
Additionally, the Company received the final installment of US$1 million from Unico Silver, relating to the
2023 sale of SCRN Properties Ltd., owner of the Pingüino property.
About Austral Gold
Austral Gold is a gold and silver mining producer building a portfolio of quality assets in the Americas
based on three strategic pillars: production, exploration and equity investments. Austral continues to lay
the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration
assets.
For more information, please visit the Company'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 Company's Chief Executive Officer of Austral Gold, Stabro Kasaneva.
For additional information, please contact:
David Hwang
Jose Bordogna
Joint Company Secretary
Chief Financial Officer and Joint Company
Secretary
Austral Gold Limited
Austral Gold Limited
+61 433 292 290
+61 466 892 307
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 and
statements regarding future plans, expectations and developments. Words such as "expects", "intends",
"plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar
expressions are intended to identify forward-looking statements. The forward-looking statement in this
news release include, but are not limited to, statements regarding expected production levels,
operational performance, financial outcomes and strategic growth.
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, 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, uncertainty in the measurement of mineral
resources and reserves; and other risks and hazards related to the exploitation and development of
mineral properties, as well as the availability of capital. 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/268651