Ausgold (ASX: AUC) — Company Overview, News & Financial Data
Ausgold is an Australian mineral exploration company focused on gold in Western Australia, notably the Katanning Gold Project.
Ausgold
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
Operations
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
- John Andrew DorwardExecutive Chairman
- Benjamin StockdaleCEO & Co-Company Secretary
- Mark MitchellChief Operating Officer
- Tammie DixonChief Financial Officer
- Qing HuangCo-Company Secretary
Recent announcements
What Ausgold (AUC) has told the market, newest first.
- AGM Results
- Change in substantial holding
- Quarterly Activities/Appendix 5B Cash Flow ReportPrice sensitive
- Ceasing to be a substantial holder
Dividend history
Dividends per share paid by Ausgold, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2018 | A$0.0088 | — | — | A$0.0088 |
Key financials
Reported results for Ausgold, in AUD.
- Market cap
- 695.3M
- Revenue (TTM)
- 3M
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.0
- Dividend yield
- —
- Profit margin
- 0.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| — | -9.9M | -9.7M | |
| — | -6.2M | -10.7M | |
| 148.1K | -3.8M | -8.3M | |
| 49.5K | -3.6M | -5.2M |