Business
Austral Gold Executes Mining Service Agreements at Casposo
HIGHLIGHTSExecuted two mining service agreements with local contractors to support open pit mining at the Casposo operation.Agreements cover drilling and blasting for the Julieta and Mercado open pits, and loading and haulage services for both open pits and existing stockpiles.Mining development activities have commenced following execution of the agreements.Production from Julieta, Mercado, and from existing stockpiles, is expected to be the primary source of ore supporting Casposo's annual...
About this update from Austral Gold Limited
[{"type":"text","content":"HIGHLIGHTS","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Executed two mining service agreements with local contractors to support open pit mining at the Casposo operation.","length":114,"tagName":"p"}]},{"val":[{"type":"text","content":"Agreements cover drilling and blasting for the Julieta and Mercado open pits, and loading and haulage services for both open pits and existing stockpiles.","length":154,"tagName":"p"}]},{"val":[{"type":"text","content":"Mining development activities have commenced following execution of the agreements.","length":83,"tagName":"p"}]},{"val":[{"type":"text","content":"Production from Julieta, Mercado, and from existing stockpiles, is expected to be the primary source of ore supporting Casposo's annual production guidance in 2026.","length":168,"tagName":"p"}]},{"val":[{"type":"text","content":"Casposo's first quarter of production (ending December 2025), is progressing in line with guidance of 4,000-6,000 GEOs provided on 14 October 2025.","length":151,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":670,"olType":false},{"type":"text","content":"Sydney, Australia--(Newsfile Corp. - December 23, 2025) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) ("Austral" or the "Company"), an established gold producer, is pleased to announce that the Argentine branch of its subsidiary, Casposo Argentina Mining Ltd. ("Casposo"), has entered into two material mining service agreements with local contractors in connection with planned mining development activities at the Julieta and Mercado open pits at the 100%-owned Casposo Mine in San Juan Province, Argentina:","length":560,"tagName":"p"},{"type":"text","content":"(i) ADL S.R.L. for drilling and blasting services; and(ii) DP Minería y Servicios S.R.L. for loading and haulage services.","length":123,"tagName":"p","attribs":{}},{"type":"text","content":"Production from Julieta, Mercado, and the existing stockpiles, is expected to represent the primary source of ore underpinning Casposo's 2026 production guidance of 11,000-13,000 GEOs for the six-month period during which the Casposo plant is expected to process Casposo-sourced material only, with the balance of the year expected to involve processing material from Challenger Gold's Hualilan Project...