Development Activities Accelerate at the KGP

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Stock Ausgold Ltd (AUC.ASX)
Release Time 6 Jul 2026, 8:44 a.m.
Price Sensitive Yes
 Ausgold Accelerates Development at Katanning Gold Project
Key Points
  • Early Works Agreement with EPC contractor Lycopodium signed
  • Power supply agreement with CrossBoundary Energy
  • Construction of Katanning Accommodation Village underway
  • Environmental permitting progressing
  • Revegetation program initiated
Full Summary

Ausgold Ltd. is pleased to provide an update on the Katanning Gold Project (KGP) in Western Australia, highlighting significant progress across engineering, infrastructure, power, accommodation, and permitting activities. Key milestones include executing an early works agreement with preferred EPC contractor Lycopodium for detailed engineering, signing an agreement with CrossBoundary Energy for the power station, commencing construction of the Workforce Accommodation Village, advancing environmental permitting, and initiating a revegetation program. These initiatives are designed to accelerate the development of the KGP, ensuring a smooth transition into construction following a Final Investment Decision by the end of 2026.