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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
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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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