AMINSA Project – San Juan, Argentina

San Juan is in the north west of Argentina, near the border with Chile.  Under an Agreement with Argentina Minera SA (AMINSA), Austral Gold is earning an interest in tenements covering approximately 266,000 hectares in San Juan.

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The properties are located near Xstrata’s advanced El Pachón copper exploration project in Argentina and Los Pelambres owned by Antofagasta Minerals in Chile.

During 2010/2011 the exploration program focussed on analysing the gold anomaly discovered in the Rincones de Araya project.
Further exploration at the Calderon-Calderoncito project commenced during the year prior to the shutdown of activities at the end of the summer season.