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Austral Gold’s strategy is to maximise shareholder value by the development of mineral deposits in which Austral Gold has an interest, providing that such development demonstrates superior rates of return.

Austral Gold plans to continue to explore and invest in its Guanaco property in northern Chile to expand its mineral resources, increase the mine's annual production and improve its financial viability.

The Company also expects to acquire further properties in South America and will pursue joint ventures with other successful mining exploration companies in pursuit of its objective to grow the Company to become a leading South America-focused precious metals company.