Production / Operations
Austral Gold Provides Update on Guanaco Operations

AGLD · Price
Executive Summary
- Austral Gold revises 2025 Guanaco Mine production guidance down to 11,000‑12,000 gold equivalent ounces (GEOs) from the previously disclosed 14,000‑16,000 GEOs.
- The agitation leach circuit remains offline following a workplace fatality on 26 August 2025; only the heap leach circuit is currently operating.
- Approximately US$1.3 million of equity portfolio proceeds were generated in September 2025 to help offset cash shortfalls, plus a final US$1 million installment from Unico Silver related to a 2023 asset sale.
Key Details
- Revised Production Guidance: 11,000‑12,000 GEOs for 2025 (down ~30% vs. prior guidance).
- Operational Status:
- Heap leach circuit active and reprocessing historic heaps.
- Agitation leach circuit temporarily offline; tailings filter section suspended.
- Chilean authorities have granted access to implement required improvements after plant inspection.
- Expected stabilization of production by November 2025 with monthly output >1,200 GEOs.
- Cash Flow Support:
- Sale of portions of Austral’s equity portfolio in publicly listed companies generated ~US$1.3 million in September 2025.
- Received final US$1 million installment from Unico Silver for the 2023 sale of SCRN Properties Ltd. (owner of Pingüino property).
- Safety Incident: Workplace fatality on 26 August 2025 led to temporary shutdown of agitation leach circuit and suspension of tailings filter section.
Notable Quotes
(No direct quotes were provided in the release.)
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Jul 22, 2026 · 20:37