Ausgold’s Katanning project gains momentum as OceanaGold deal resets the path to development

• A$776 million proposed OceanaGold acquisition remains subject to shareholder and other approvals
• A$41.956 million cash balance and A$20 million undrawn OceanaGold facility at quarter end
• 20,242 metres of infill drilling completed across planned early mining areas
• Three new mining leases complete granted tenure across the planned Katanning footprint