Austral Gold Provides Update on Guanaco Operations

Core Viewpoint - Austral Gold Limited has revised its production guidance for the Guanaco Mine in Chile to 11,000-12,000 GEOs, down from the previous estimate of 14,000-16,000 GEOs due to operational disruptions following a workplace fatality [2][9]. Production Update - The revised production guidance reflects no output from the agitation leaching circuit, which remains temporarily offline after the incident reported on August 26, 2025 [3][9]. - The heap leaching circuit continues to operate, with expectations for production to stabilize by November 2025, targeting monthly output to exceed 1,200 GEOs [4][9]. Financial Measures - To mitigate cash flow shortfalls from reduced production, Austral sold a portion of its equity portfolio, generating approximately US$1.3 million in September 2025 [4][9]. - The company also received a final installment of US$1 million from Unico Silver related to the sale of SCRN Properties Ltd. in 2023 [5]. Company Overview - Austral Gold is focused on building a portfolio of quality assets in the Americas, emphasizing production, exploration, and equity investments as its strategic pillars [6].