Austral Gold Provides 2026 Production Guidance
Rhea-AI Summary
Austral Gold (OTCQB:AGLDF) provided consolidated FY2026 production guidance of 26,000–30,000 gold-equivalent ounces (GEOs) from its two wholly owned producing mines.
Guanaco (Chile): guidance of 15,000–17,000 GEOs, primarily from the heap-reprocessing project. Casposo (Argentina): guidance of 11,000–13,000 GEOs, based on six months processing of Casposo-owned ore after operations restarted in October 2025; the Casposo Plant will process Hualilan ore under quarterly toll campaigns with Challenger Gold in the other periods.
Positive
- Consolidated FY2026 guidance of 26,000–30,000 GEOs
- Guanaco forecasted at 15,000–17,000 GEOs from heap reprocessing
- Casposo restart delivering 11,000–13,000 GEOs for six months
Negative
- Casposo guidance reflects only six months of owned-ore production
- Guanaco reliance on heap-reprocessing as primary feed source
Key Figures
Market Reality Check
Peers on Argus
AGLDF fell 9.67% while key gold peers like LGCXF, NAUFF, PGLDF, and RITE rose between 2.5% and 4.19%, and only WPGCF declined 3.85%, pointing to a stock-specific move rather than a sector-wide decline.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 30 | Quarterly report | Neutral | -4.0% | Q3 2025 activity report release with operational and corporate details. |
| Oct 13 | Mine restart | Positive | -20.9% | Restart of commercial production at Casposo with Q4 guidance and metrics. |
| Oct 13 | Reserve update | Positive | -20.9% | Updated Casposo reserves, resources, and project economics supporting production. |
| Sep 30 | Guidance revision | Negative | +41.3% | Guanaco 2025 guidance cut after fatality and temporary circuit suspension. |
| Sep 07 | Debt repayment | Positive | +2.9% | Full repayment of related-party loan via transfer of Unico Silver shares. |
Recent history shows several positive operational and reserve updates coinciding with negative price reactions, suggesting a tendency for the stock to sell off on ostensibly constructive news.
Over the past few months, Austral Gold reported multiple operational and balance sheet developments. These include repayment of a US$2,000,000 related-party loan on Sep 7, 2025, a reduced 2025 Guanaco guidance after a workplace fatality on Aug 26, 2025, and an updated Casposo reserve and resource estimate with detailed economic metrics released on Oct 13, 2025. Casposo’s restart and a Q3 2025 activity report followed. Today’s 2026 production guidance builds on that sequence of mine restarts and operational stabilization.
Market Pulse Summary
This announcement outlines FY2026 consolidated production guidance of 26,000–30,000 GEOs, split between Guanaco’s heap-reprocessing project and the restarted Casposo mine, including Hualilan toll-processing campaigns. It follows recent months of mine restarts, reserve updates, and revised guidance at Guanaco. Investors may focus on how closely actual 2026 output tracks these targets, as well as any operational changes at Guanaco and Casposo that could affect the new production outlook.
Key Terms
gold-equivalent ounces technical
toll-processing agreement financial
AI-generated analysis. Not financial advice.
HIGHLIGHTS
Consolidated FY2026 production guidance: 26,000 to 30,000 gold-equivalent ounces (GEOs).
Guanaco Mine (Chile): 15,000-17,000 GEOs primarily from the heap-reprocessing project.
Casposo Mine (Argentina): 11,000-13,000 GEOs, based on six months of operations using Casposo-owned ore. During the other six months, the Casposo Plant is scheduled to process Hualilan ore under quarterly toll campaigns agreed with Challenger Gold under the toll-processing-agreement.
Sydney, Australia--(Newsfile Corp. - December 5, 2025) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) ("Austral" or the "Company"), an established gold producer, advises that it has prepared consolidated production guidance for the fiscal year ending 31 December 2026 for its two wholly owned producing mines in Argentina and Chile.
Guanaco Mine (Chile)- FY2026 Production Guidance
Production for FY2026 is forecast at 15,000-17,000 GEOs, primarily from mineralised material sourced from the heap-reprocessing project, which is expected to be the main feed source for the year.
Casposo Mine (Argentina)- FY2026 Production Guidance
Casposo, which recommenced operations in October 2025, is forecast to produce 11,000-13,000 GEOs in FY2026, corresponding to six months of operations using Casposo-owned ore. Under the toll-processing agreement with Challenger Gold, the Casposo Plant is scheduled to process Hualilan material during Q1 and Q3 2026, while Q2 and Q4 2026 are planned for processing Casposo-owned ore.
Austral Gold's Chief Executive Officer, Stabro Kasaneva said: "We are pleased to present an improved production outlook for FY2026, supported by stabilised operations at Guanaco and the restart of operations at Casposo."
About Austral Gold
Austral Gold is a growing gold and silver mining producer building a portfolio of quality assets in the Americas based on three strategic pillars: production, exploration and equity investments. Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets. Under its equity investments pillar, Austral holds shares and options in ASX-listed Unico Silver, as previously disclosed in the September 2025 Quarterly Report.
For more information, please visit the Company's website at 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 on behalf of the Board by the Chief Executive Officer, Stabro Kasaneva.
For additional information please contact:
| David Hwang | Jose Bordogna |
| Joint Company Secretary | Chief Financial Officer and Joint Company Secretary |
| Austral Gold Limited | Austral Gold Limited |
| david@confidantpartners.com | jose.bordogna@australgold.com |
| +61 433 292 290 | +61 466 892 307 |
Forward Looking Statements
Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections and statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar expressions are intended to identify forward-looking statements. The forward-looking statement in this news release include, but are not limited to, statements regarding expected production, operational plans, the toll-processing arrangement with Challenger Gold, and Austral Gold's strategic focus on production, exploration and equity investments".
All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, uncertainty of exploration programs, development plans and cost estimates, commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the state of the capital markets, uncertainty in the measurement of mineral resources and reserves; and other risks and hazards related to the exploitation and development of mineral properties, as well as the availability of capital. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Austral cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. Austral's forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and Austral does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277053
FAQ
What is Austral Gold's FY2026 consolidated production guidance (AGLDF)?
How much gold-equivalent is Guanaco expected to produce in FY2026 (AGLDF)?
What is Casposo's FY2026 production outlook after the October 2025 restart (AGLDF)?
When will Casposo process Hualilan material under the toll agreement (AGLDF)?
Which feed source will be primary for Guanaco in FY2026 (AGLDF)?
Does the FY2026 guidance reflect ongoing operations at both mines (AGLDF)?
