Austral Gold Signs LOI to Expand Chilean Asset Base

Austral Gold Limited (“Austral” or the“Company”) (ASX: AGD; TSX-V: AGLD) is pleased to announce that the Company and Pampa Metals Corporation (CSE:PM) (FSE:FIRA) (OTC PINK:PMMCF)) (“Pampa”) have entered into a non-binding letter of intent (“LOI”) whereby Austral may acquire up to an 80% interest in the Cerro Blanco and Morros Blancos properties held by Pampa (the “Transaction”). Austral Gold’s Chi