Consolidated FY 2026 production guidance: 26,000 to 30,000 gold equivalent ounces (GEOs).
Guanaco Mine (Chile): 15,000-17,000 GEOs mainly from the heap reprocessing project.
Casposo Mine (Argentina): 11,000-13,000 GEOs, based on six months of Casposo-owned ore use. During the remaining six months, the Casposo plant will process Hualilan ore under quarterly toll campaigns agreed with Challenger Gold under the toll processing agreement.
Austral Gold Limited (ASX: AGD,OTC:AGLDF) (TSXV: AGLD) (OTCQB: AGLDF) (“Austral” or the “Company”), an established gold producer, announces that it has issued consolidated production guidance for the fiscal year ending December 31, 2026 for its two wholly owned production mines in Argentina and Chile.
Guanaco Mine (Chile) – FY 2026 Production Guidance
Production for fiscal year 2026 is estimated at 15,000-17,000 GEOsmainly mineralized material from the heap reprocessing project, which is expected to be the main source of feed for the year.
Casposo Mine (Argentina) – Production Guidance for FY 2026
Casposo, which resumed operations in October 2025, is expected to produce 11,000-13,000 GEOs in FY 2026, equivalent to six months of Casposo-owned ore use. Under the toll processing agreement with Challenger Gold, the Casposo plant will process Hualilan material in the first and third quarters of 2026, while the second and fourth quarters of 2026 are planned for processing Casposo-owned ore.
Austral Gold CEO Stabro Kasaneva said: “We are pleased to present an improved production outlook for fiscal year 2026, supported by stabilized operations at Guanaco and the restart of operations at Casposo.”
About Australasian gold
Austral Gold is a growing 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 production and exploration assets. Under the equity investment pillar, Austral holds shares and options in ASX-listed Unico Silver, as previously disclosed in the September 2025 quarterly report.
For more information, please visit the company’s website: www 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 on behalf of the Board of Directors by the Chief Executive Officer, Stabro Kasaneva.
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Forward-Looking Statements
Statements in this press 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 with similar expressions are intended to identify forward-looking statements. The forward-looking statements in this press release include, but are not limited to, statements regarding expected production, operating plans, the toll processing agreement with Challenger Gold and Austral Gold’s strategic focus on production, exploration and equity investments.
All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that may cause actual events or results to differ from those expressed or implied, including, but not limited to, uncertainty of exploration programs, development plans and cost estimates, fluctuations in commodity prices; political or economic instability and regulatory changes; currency fluctuations, the condition of capital markets, uncertainty in the measurement of mineral resources and reserves; and other risks and hazards associated with 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 that 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 assumes no obligation to update any 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/277053
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