Austral Gold Limited report results from its activities during its quarter ended 31 December 2017.
Quarterly combined production (100% of the Casposo, Guanaco and Amancaya mines) was 16,914 gold ounces and 590,565 silver ounces (24,621 gold equivalent ounces) or 15,251 gold ounces and 435,428 silver ounces (20,933 gold equivalent ounces) net to Austral. This represents an increase of 61% and 7% of gold and silver production respectively as compared to the September quarter 2017 and is due to the resolution of substantially all of the operating issues at the Guanaco and Amancaya mines after completing the commissioning phase of the new agitation leach plant and the second consecutive quarter where production increased at Casposo.

For the year the company provided production guidance for the year 2018. The company expects on net to Austral Gold basis, gold production of 71,000 ounces, silver production of 1,520,000 ounces, and gold-equivalent production of 92,000 ounces.