AUC.ASX: Key Permitting Milestones Achieved

Key Permitting Milestones Achieved

Stock	Ausgold Ltd (AUC.ASX)
Release Time	17 Jul 2026, 8:55 a.m.
Price Sensitive	Yes

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Ausgold Ltd Achieves Key Permitting Milestones

Key Points

Western Australian EPA approves KGP Environmental Review Document for public release
Three new mining leases granted
All key permits expected to be in place by late 2026

Full Summary

Ausgold Ltd (ASX: AUC) announced significant progress in the permitting process for its Katanning Gold Project (KGP). The Western Australian Environmental Protection Agency (EPA) has authorized the Environmental Review Document for public release, indicating satisfaction with the document's preparation and triggering a 21-day public exposure period. Additionally, the company has been granted three new mining leases, covering all areas required for the project's development. These milestones are expected to facilitate a final investment decision by late 2026, with first gold production anticipated in mid-2028.

Guidance

Final investment decision by late 2026, first gold production in mid-2028

Outlook

Ausgold remains focused on securing all key permits and achieving a final investment decision by late 2026, with first gold production expected in mid-2028.