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Austral Gold Secures US$1M Loan for Casposo Plant Commissioning

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Austral Gold Secures US$1M Loan for Casposo Plant Commissioning

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Austral Gold ( (AU:AGD) ) has provided an update.

Austral Gold Limited has secured a new US$1 million loan from Banco San Juan S.A. to support the working capital needs of its Casposo processing plant in Argentina. This financial move follows significant refurbishment activities at the plant, which is now moving towards the commissioning phase, highlighting Austral Gold’s ongoing efforts to enhance its operational capabilities and strengthen its market position.

More about Austral Gold

Austral Gold is a growing gold and silver mining producer focused on building a portfolio of quality assets in the Americas through production, exploration, and equity investments.

YTD Price Performance: 81.82%

Average Trading Volume: 111,488

Technical Sentiment Signal: Sell

Current Market Cap: A$24.49M

See more insights into AGD stock on TipRanks’ Stock Analysis page.

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