Welcome to our dedicated page for Austin Gold news (Ticker: AUST), a resource for investors and traders seeking the latest updates and insights on Austin Gold stock.
Austin Gold Corp. (NYSE American: AUST) is a gold exploration company focused on gold targets and district-scale gold discoveries in the southwestern United States. News about Austin Gold centers on exploration progress at its Kelly Creek and Lone Mountain projects in Nevada and its Stockade Mountain Project in Oregon, along with corporate and regulatory developments.
Exploration-focused news releases describe field programs and technical results at the company’s projects. At Lone Mountain in Elko County, Nevada, Austin Gold has reported on geological mapping, geochemical soil and stream sediment sampling, and gravity geophysics. The company has highlighted significant enrichments of arsenic, antimony, and thallium associated with gold anomalies in soils over large areas of the property, and has noted that historical and current data are being combined for gold deposit targeting.
At Stockade Mountain in Malheur County, Oregon, Austin Gold’s news has detailed an initial diamond drilling campaign and plans for reverse circulation drilling. The company has released assay results from three exploration holes, reporting multi-gram-per-tonne gold intercepts and describing strong hydrothermal alteration and mineralization. Additional updates cover permitting steps such as a Plan of Operations and permission to drill a water well to support future drilling.
Investors following AUST news will also see announcements about the Kelly Creek Project option terms, annual general meeting results, board and management changes, early warning reports relating to share acquisitions by an executive, and marketing agreements aimed at increasing investor awareness. Together, these news items provide ongoing insight into Austin Gold’s exploration activities, corporate governance, and capital markets disclosures across its U.S. gold projects.
Austin Gold (NYSE American: AUST) entered into an At-the-Market Offering Agreement to sell up to US$7.5 million of common shares through H.C. Wainwright as lead manager and Roth Capital as co-manager. Proceeds are expected to fund exploration, working capital and general corporate purposes.
Sales may occur from time to time on NYSE American or other U.S. trading markets at prevailing market prices; no sales will be made in Canada.
Austin Gold (NYSE American: AUST) has provided updates on its exploration activities at the Stockade Mountain Project in Oregon and Lone Mountain project in Nevada. At Stockade Mountain, the company plans to conduct a CSAMT geophysical survey in 2025 to better target gold vein structures, while deferring RC drilling to 2026. A water well is planned for Q4 2025.
At Lone Mountain, soil sampling results revealed significant gold anomalies up to 0.128 g/t, along with enrichments of arsenic, antimony, and thallium. The company continues detailed geological mapping, geochemical sampling, and gravity geophysics work.
Additionally, Austin Gold has engaged i2i Marketing Group for a two-month marketing campaign at $250,000 to increase investor awareness.
Austin Gold Corp. (NYSE: AUST) announced that Darcy A. Higgs, Vice-President of Business Development, has increased his ownership stake in the company through private transactions on March 27, 2025. The insider acquired 360,000 common shares at $1.80 per share, totaling $648,000 in cash consideration.
Prior to the transaction, Higgs held 1,756,667 shares and 410,000 stock options, representing 13.24% ownership (15.84% on a partially diluted basis). Following the purchase, his holdings increased to 2,116,667 shares and 410,000 options, representing 15.95% ownership (18.47% on a partially diluted basis).
The securities were acquired for investment purposes, with the possibility of future transactions depending on market conditions and opportunities.
Austin Gold Corp. (NYSE American: AUST) has provided an update on its exploration activities:
1. Lone Mountain Project (Nevada): Completed a large soil and stream sediment sampling program with 2,027 soil and 122 stream sediment samples. Results will be analyzed and reported once all samples are received.
2. Stockade Mountain Project (Oregon): Planning a reverse circulation (RC) drilling program for fall, following encouraging results from the 2023-4 winter drilling program. The company is moving forward with a "Plan of Operations" to allow greater flexibility in drill site placement.
3. Kelly Creek Project (Nevada): Monitoring nearby competitor activity and determining best options for further exploration.
Austin Gold is fully funded for all planned exploration programs.
Austin Gold Corp. (NYSE American: AUST) announces the passing of Company director Ben Leboe. Leboe was a certified accountant, business valuator, and management consultant with extensive experience as a director and business executive. He began his career at KPMG and later served as Chief Financial Officer for various organizations, including Uranerz Energy. Leboe held numerous directorships in recent years.
The company expressed deep sadness at the loss of their friend, mentor, and business partner, praising Leboe's calm wisdom, unassuming style, generous mentorship, quick wit, and wise perspective. Austin Gold acknowledged Leboe's devotion to his family and noted that he was surrounded by loved ones in his final days.
Austin Gold Corp. (NYSE American: AUST) has announced the appointment of Sandra R. MacKay to its Board of Directors. MacKay brings over 30 years of corporate commercial legal experience, including expertise in securities, employment, and intellectual property law. She is currently the Global Vice President, Legal for Copperleaf Technologies Inc. and has previously held senior legal positions at various companies.
In addition, Austin Gold has entered into a Marketing Agreement with i2i Marketing Group, The Florida-based company will create an advertising campaign and utilize physical marketing strategies to increase investor awareness. The contract is month-to-month, with fees up to $750,000, depending on the programs employed. Austin Gold has also terminated its previous marketing agreement with Savvy Social Management Corp.
Austin Gold Corp. (NYSE American: AUST) has announced updates on exploration activities at its Lone Mountain Project in Nevada, Stockade Mountain Project in Oregon, and Kelly Creek Project in Nevada.
At Lone Mountain, a significant soil and stream sediment sampling program will commence in early summer, targeting promising hydrothermal alteration and mineralization.
Stockade Mountain will see a new reverse circulation drilling program following encouraging winter drilling results, with up to 9.32 g/t gold grades. The company is also advancing a 'Plan of Operations' for greater drilling flexibility.
In Kelly Creek, Austin has extended the timeline for earning a 51% interest by two years, requiring a cumulative spend of C$2.5 million by June 30, 2027.
All exploration programs are fully funded.
Austin Gold Corp. (NYSE American: AUST) held its 2024 Annual General Meeting on May 8, 2024, in Vancouver, British Columbia. A total of 7,006,582 shares were represented, accounting for 52.79% of the issued and outstanding shares. The meeting included the election of seven directors and approval of two proposals.
All nominated directors were elected with a high approval rate above 99.75%. The directors elected are Joseph J. Ovsenek, Dennis L. Higgs, Kenneth C. McNaughton, Barbara A. Filas, Benjamin Leboe, Tom Yip, and Guillermo Lozano-Chavez. Additionally, shareholders voted to fix the number of directors at seven and appointed Manning Elliott LLP as auditors, with approval rates of 98.99% and 99.01%, respectively.
Summary not available.
FAQ
What is the current stock price of Austin Gold (AUST)?
What is the market cap of Austin Gold (AUST)?
