Exploration
We control a high-quality portfolio of gold and silver exploration projects in mining friendly jurisdictions in the Americas which are strategically located in some of the most prospective and well-endowed belts of South America:
Argentina
Chile|Paleocene Belt
In addition, Austral Gold holds strategic equity investments in mining companies with exploration activities in other prolific mineral belts in North America:
Carlin Trend
Utah, USA
Walker Trend
Nevada, USA
Corporate Strategy
Austral Gold’s exploration strategy is based on the following pillars to discover brownfield ounces and identify and consolidate third-party projects:
Brownfield
To identify areas that extend the life of mine (LOM) of our existing mines that have an installed production capacity based on two 1,500tpd agitation leaching plants in Argentina and Chile:
Guanaco - Amancaya, Chile.
Casposo - Manantiales, Argentina.
Greenfield
To identify areas that have large high-sulphidation (HS) gold and silver deposits potential based on the following geological criteria:
Gold endowment related to different styles of mineralization;
Favorable tectonic setting and presence of long-lived crustal-scale structures.
Widespread alteration related to the target type and beneficial age; and
Favorable erosion level.
