Mining Project

Jagüelito

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General Information

  • Investment Company:  MEXPLORT PERFORACIONES MINERAS SA.-AUSTRAL GOLD LIMITED
  • Operating Company:  AUSTRAL GOLD ARGENTINA S.A.
  • Source of Capital:  Argentina - Australia
  • Address:  Bolivar 108 - CABA (1066) - Argentina
  • Phone:  +54 11 43237500

Project Details

Location

Iglesia Department - San Juan Province

Description

High sulphidation epithermal deposit

Minerals

Gold - Silver

Stage

Exploración

Additional Comments

  • Final assays received from the last 623 meters drilled at the Jaguelito Project (Argentina) where 4,331meters have been drilled since the launch of the 5,000-meter drilling campaign in December 2022. Best intercept received during the quarter:
  • DJNS-001A: 14m @ 0.70 grams per tonne (gpt) gold and 17 gpt silver, including 4.4m @ 1.44 gpt gold and 30 gpt silver
  • Next steps and activities on Jaguelito are to be defined going forward in conjunction with Mexplort, Austral’s partner in the project.