Feb 9 (Reuters) - Austral Gold Ltd (AGD) :
- Austral Gold expands asset base in Chile (AGD)
- Securing properties surrounding amancaya"
- Guanaco compañia minera spa has entered into an agreement with Revelo Resources to secure 12,500 hectares of mining concessions
- Says deal involves cash payment of US$650K over 3 years
- Will cover the cost of the mining rights annual payment for the properties for the year 2015 and subsequent years
- Deal involves "work commitment of US$3M over 3 years starting from the date of a binding agreement between the parties "
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