AUC 2.94% 3.3¢ ausgold limited

Highlights: Significant results from recent RC drilling at the...

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    Highlights:

     Significant results from recent RC drilling at the Katanning Gold Project (KGP) include:
    o 29m @ 1.84 g/t Au from 120m including 15m @ 3.17 g/t Au in BSRC0993
    o 11m @ 1.16 g/t Au from 134m in BSRC0964
    o 4m @ 2.25 g/t Au from 30m including 1m @ 7.84 g/t Au in BSRC0968
    o 2m @ 4.62 g/t Au from 120m including 1m @ 8.84 g/t Au in BSRC0972
    o 4m @ 2.03 g/t Au from 114m including 1m @ 7.46 g/t Au in BSRC0989

     These results further support the extensions to the high grade Jinkas South lode to over 600 metres and
    provide better controls on the width of this high-grade zone along strike. They include past results of 26m
    @ 6.6 g/t Au from 117m (including 4m @ 37.19 g/t Au from 119m), 16m @ 6.21 g/t Au from 114m (including
    4m @ 22.38 g/t Au), and 15m @ 3.66 g/t Au from 117m (including 5m @ 10.37 g/t Au) 5m @ 13.67 g/t Au
    from 120m, including 1m @ 65.8 g/t Au in BSRC0964, and 39m @ 1.32 g/t Au from 96m, including 8m @
    4.10 g/t Au and 1m @ 22.2 g/t Au, in BSRC0963

     DHEM geophysics program has provided a further 18 high-grade gold targets for drilling in the current
    program

     New results demonstrate potential for Jinkas South to add significant high-grade ounces to the existing 1.2
    million-ounce gold Resource at the KGP

     Further DHEM and ground gravity programs are being conducted within Central Zone, including Jinkas
    North and South

     RC drilling of this high-grade Jinkas South lode is continuing, with results anticipated
 
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