Austral restarts Casposo precious metals mine

ASX- and TSX-V-listed Austral Gold is restarting operations at its Argentina-based Casposo gold/silver project, based on the results of an updated reserve estimate. As at June 30, Vancouver-based Austral reported compliant proven and probable reserves of 972 000 t grading 2.53 g/t gold and 231 g/t silver, containing about 79 000 oz of gold and 7.2-million ounces of silver. Measured and indicated resources, including reserves, stood at 1.4-million tonnes at 3 g/t gold and 238 g/t silver, containing about 136 500 oz gold and 10.8-million ounces silver.