Austral Gold Limited (AU:AGD) has released an update.
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Austral Gold Limited has signed a three-year agreement with Challenger Gold to process mineralized material from the Hualilan Project at its Casposo Plant in Argentina, creating a new revenue stream. The deal involves a fixed payment of US$3 million, a US$110,000 monthly fee, and an incentive fee tied to recovery margins, with operations expected to start in the second half of 2025.
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