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Austral Gold pours first gold dore bar at Guanaco Project in Chile

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Sydney based Austral Gold (ASX: AGD) poured the first gold dore bar on 19 October at its 100% owned Guanaco Project in northern Chile.

This important milestone was achieved on schedule and follows the company's announcement on 12 August regarding the retreatment of heap leach material at the project.

As announced on 6 October, open cut mining of primary ore has recommenced with the objective of increasing gold production above the rate of 2,000 oz per month from heap leach retreatment.

Eduardo Elsztain holds an 86.23% stake in the company.

Quick facts: Austral Gold Limited

Price: 0.23 AUD

ASX:AGD
Market: ASX
Market Cap: $130.2 m
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