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Ausgold Highlights Strong Economics in Updated Katanning Gold Project Study

Story Highlights
  • Ausgold updates feasibility work on Katanning Gold Project, targeting over decade-long production.
  • The study underscores strong projected returns, bolstering Ausgold’s growth and sector positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ausgold Highlights Strong Economics in Updated Katanning Gold Project Study

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Ausgold Limited ( (AU:AUC) ) has provided an announcement.

Ausgold Limited has released an investor presentation outlining an updated Definitive Feasibility Study for its Katanning Gold Project in Western Australia, highlighting expectations of strong gold production and robust financial returns over a mine life exceeding 10 years. The update underscores the project’s potential to become a significant long-term gold producer, reinforcing Ausgold’s growth strategy and positioning within the Australian gold sector, and signaling to investors that the company is progressing from exploration towards development and potential future production.

The most recent analyst rating on (AU:AUC) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Ausgold Limited stock, see the AU:AUC Stock Forecast page.

More about Ausgold Limited

Ausgold Limited is an Australian-listed gold exploration and development company focused on advancing its Katanning Gold Project in Western Australia. The company operates in the gold mining sector, targeting long-life, economically robust gold production assets to supply both domestic and international markets.

Average Trading Volume: 1,013,474

Technical Sentiment Signal: Buy

Current Market Cap: A$515.9M

See more data about AUC stock on TipRanks’ Stock Analysis page.

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