Drilling confirms significant prospectivity in southern KGP

Ausgold Limited (ASX: AUC) (“Ausgold” or “the Company”) is pleased to announce encouraging results from reverse circulation (RC) and aircore (AC) drilling at the Lukin prospect, to the south of the current resource areas within the Company’s 100%-owned Katanning Gold Project (KGP) in Western Australia’s south-west. A drill program of 10 RC holes for 1,148m and 29 AC holes for 1,351m was conducted