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 (AUST) delivers focused gold exploration through strategic projects in Nevada and Oregon. This news hub provides investors and industry observers with timely updates on drilling results, financial disclosures, and operational developments.
Access authoritative reports on mineral resource evaluations, project acquisitions, and technical advancements. Our curated collection includes press releases detailing reverse circulation drilling outcomes, diamond drilling analyses, and strategic partnership announcements.
Key coverage areas include quarterly financial results, exploration permit updates, and geological findings from the Kelly Creek and Stockade Mountain projects. Stay informed about corporate governance changes and resource estimation reports that impact long-term valuation assessments.
Bookmark this page for direct access to Austin Gold Corp's official communications and third-party analyses. Regularly updated content ensures you maintain current awareness of this gold exploration specialist's progress in developing district-scale discoveries.
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.