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. reports developments tied to gold exploration in the western United States, with recurring updates on the Kelly Creek and Lone Mountain projects in Nevada and the Stockade Mountain project in Oregon. Company news commonly covers geological mapping, geochemical sampling, geophysical surveys, reverse-circulation drilling programs, exploration permitting and target generation for gold mineralization.
Austin Gold also issues updates on annual disclosure documents, shareholder meeting results, director and auditor votes, ownership reporting and equity financing arrangements. These releases connect the company’s mineral exploration activity with its governance, liquidity and capital-raising disclosures as a public issuer listed on the NYSE American under the symbol AUST.
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.
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