Shorted
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AUC

Ausgold

Materials

Ausgold Limited is a Perth-based gold exploration and development company focused on its 100%-owned Katanning Gold Project (KGP) in Western Australia. The KGP has a Definitive Feasibility Study outlining the potential for a new open pit gold mine with strong production and financial returns. First production is targeted for late CY2027.

Gold Exploration
Western Australia
Katanning Gold Project
Mining

Shorted

short percentage0.01%
reported shorts51.3K
shares on issue547.860M

About

industry

Materials

address

Level 1, 307 Murray Street, PERTH, WA, AUSTRALIA, 6000

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Key Metrics

market cap
$580.73M
eps$-0.03

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Industry & Focus

Gold Exploration
Western Australia
Katanning Gold Project
Mining
Resource Development

Company Overview

AI-generated company summary

Ausgold Limited is a Perth-based gold exploration and development company focused on its 100%-owned Katanning Gold Project (KGP) in Western Australia. The KGP has a Definitive Feasibility Study outlining the potential for a new open pit gold mine with strong production and financial returns. First production is targeted for late CY2027.

Company History

Ausgold Limited is focused on gold exploration and development in Western Australia. The company's primary asset is the Katanning Gold Project (KGP), where it has conducted extensive exploration and feasibility studies. The company is working towards developing the KGP into a producing gold mine.

Competitive Advantages

1. High-quality Katanning Gold Project (KGP): The KGP is a 100%-owned project with a Definitive Feasibility Study indicating strong gold production potential. 2. Experienced Board and Management: The company's leadership team has extensive experience in the mining and finance industries. 3. Location in a Prolific Gold Region: The KGP is located in a prospective mineral province in Western Australia.

Risk Factors

  • Fluctuations in gold prices
  • Exploration and development risks
  • Financing risks
  • Environmental and regulatory risks
  • Operational risks

Key People

Leadership team at Ausgold

MJ

Mr John Dorward

Chair

Mr. Dorward has over 25 years of experience in the mining and finance industries and was the CEO of Roxgold Inc.

MM

Mr Mark Turner

Director

Mr. Turner is a Mining Engineer with over 35 years of experience in the global resources sector.

MA

Mr Adrian Goldstone

Director

Mr. Goldstone is a highly credentialed Company Director with more than 35 years’ international mining experience.

MP

Mr Paul Weedon

Director

MM

Mr Mark Mitchell

Chief Operating Officer

MB

Mr Benjamin Stockdale

Chief Financial Officer

MT

Mr Troy Collie

General Manager

MJ

Mr. John Andrew Dorward ACSA, BComm (Hons), CFA, GradDipAppFin

Executive Chairman

MB

Mr. Benjamin Stockdale

CFO & Co-Company Secretary

MM

Mr. Mark Mitchell

Chief Operating Officer