District Metals

Austral Gold Announces Filing of 2020 Half Year Report

 Sydney, Australia--(Newsfile Corp. - August 28, 2020) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the "Company")  is pleased to announce that it has filed its half year report for the 6 months ended 30 June 2020. The report is available at the Company's profile at https://www.asx.com.au/, www.sedar.com/ and on the Company's website at www.australgold.com/.

About Austral Gold

Austral Gold Limited is a growing gold and silver mining, development and exploration company building a portfolio of quality assets in Chile, the US and Argentina. The Company's flagship Guanaco/Amancaya project in Chile is a gold and silver producing mine with further exploration upside. The company also holds the Casposo Mine (San Juan, Argentina), a ~26.46% interest in the Rawhide Mine (Nevada, USA) and an attractive portfolio of exploration projects including the Pingüino project in Santa Cruz, Argentina (100% interest) and the San Guillermo and Reprado projects near Amancaya (100% interest). With an experienced local technical team and highly regarded major shareholder, Austral's goal is to continue to strengthen its asset base through acquisition and discovery. Austral Gold Limited is listed on the TSX Venture Exchange (TSXV: AGLD), and the Australian Securities Exchange. (ASX: AGD). For more information, please consult the company's website www.australgold.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva.

For additional information please contact:

Jose Bordogna
Chief Financial Officer
Austral Gold Limited
This email address is being protected from spambots. You need JavaScript enabled to view it.
+54 (11) 4323 7558

Ben Jarvis
Director
Austral Gold Limited
This email address is being protected from spambots. You need JavaScript enabled to view it.
+61 413 150 448

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