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Austral Gold Secures $42M Mining Contracts to Fuel Casposo’s 2026 Growth

9:50am on Wednesday 24th of December, 2025 AEDT Mining
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Austral Gold Secures $42M Mining Contracts to Fuel Casposo’s 2026 Growth

9:50am on Wednesday 24th of December, 2025 AEDT
Key Points
  • Two mining service agreements signed with local contractors ADL S.R.L. and DP Minería y Servicios S.R.L.
  • Contracts cover drilling, blasting, loading, and haulage at Julieta and Mercado open pits plus stockpiles
  • Mining development activities have commenced, supporting 2026 production guidance of 11,000–13,000 gold equivalent ounces
  • Q4 2025 production progressing within guidance range of 4,000–6,000 GEOs with strong gold recovery rates
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