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Ausgold (ASX:AUC) Advances Katanning Gold Project Amid Strategic Development Shift

Ausgold (ASX:AUC) Advances Katanning Gold Project Amid Strategic Development Shift

Highlights

  • Ausgold (ASX:AUC) continues advancing the Katanning Gold Project in Western Australia.
  • OceanaGold announced a proposed Acquisition of Ausgold through a scheme of arrangement.
  • The Katanning project has outlined potential production of approximately 100,000 ounces of gold annually.
  • The proposed transaction remains subject to shareholder, court and regulatory approvals.

Ausgold (ASX:AUC) continues attracting investor attention as the company progresses its Katanning Gold Project in Western Australia following a proposed acquisition agreement with OceanaGold. The company’s shares were trading at AUD 1.48, up 5.71% on 21 August 2026.

The proposed transaction represents a…

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