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Ausgold (ASX: AUC) — Company Overview, News & Financial Data

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Company profile

Ausgold

About

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Ausgold is a mineral exploration and development company focused on gold assets in Australia. The company's core asset is located in the south-west Yilgarn Craton of Western Australia, where an updated definitive feasibility study confirmed forecast life-of-mine production of 1.22 million ounces of gold over an initial 10-year mine life. Moving toward project financing and implementation, the project targets its first commercial gold production by mid-2028. Additionally, the company holds prospective exploration ground surrounding its main development asset and across regional mineral belts in Western Australia.

Snapshot

Public AUOwnership
2009Year founded
11–50Employees
Perth, AustraliaHead office
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Global footprint

Operations

All Locations
Perth, AU

Products and/or services of Ausgold

  • Open-Pit Gold Development: Primary development project located in the south-west Yilgarn Craton of Western Australia, featuring planned open-cut extraction and processing infrastructure designed to produce 1.22 million ounces of gold over an initial ten-year operational mine life.
  • Regional Gold Exploration: Exploration tenure surrounding the central deposit in the Yilgarn Craton of Western Australia, encompassing over five thousand square kilometres of under-explored greenstone belt host structures targeted for additional open-pit gold resource expansion.
  • Greenstone Belt Joint Venture: Mineral exploration interests situated within the Yamarna Greenstone Belt of Western Australia, focused on identifying shear-hosted Archean gold mineralisation along prospective structural trends via ongoing geological mapping and targeted drilling programmes.
  • Volcanogenic Base Metals Exploration: Exploration tenure in the Bryah Basin region of Western Australia, targeting copper-gold volcanogenic massive sulphide mineralization through geophysical surveys and diamond drilling across prospective sedimentary and volcanic lithologies.
  • Mafic-Ultramafic Intrusion Prospecting: Exploration licences targeting layered mafic-ultramafic intrusive complexes in Western Australia, evaluating prospective mineralization containing vanadium-bearing titaniferous magnetite, copper, nickel, and platinum group elements across regional geophysical anomalies.
  • Epithermal Gold Prospecting: Exploration tenure located in Queensland targeting high-grade epithermal gold mineralization within volcanic arc sequences, utilizing surface sampling and geological mapping to delineate drill targets along major fault corridors.

Ausgold executive team

  • Mr. John Andrew Dorward ACSA, BComm (Hons), CFA, GradDipAppFinExecutive Chairman
  • Mr. Benjamin StockdaleCFO & Co-Company Secretary
  • Mr. Mark MitchellChief Operating Officer
  • Ms. Qing HuangCo-Company Secretary