Austral Gold Limited is an Australia-based gold and silver mining, development and exploration company. The Company is building a portfolio of assets in Chile, the United States and Argentina. The Company’s projects include Guanaco project, Amancaya project, Casposo project, and Santa Cruz project. The Company produces gold and silver from its Guanaco and Amancaya mines in Chile. The Company also owns the Casposo mine in San Juan, Argentina which is on care and maintenance. In addition, the Company holds a portfolio of exploration projects including the Pinguino project in Santa Cruz, Argentina; Paleocene Belt in Chile; and the San Guillermo and Reprado projects within the Amancaya district. Its Guanaco mine is located approximately 220-kilometer (km) south-east of Antofagasta in Northern Chile at an elevation of 2,700 meters and 45 km from the Pan American Highway. Its Amancaya project is located approximately 60 km south-west of the Guanaco mine.