(MENAFN- Newsfile Corp) Sydney, Australia--(Newsfile Corp. - August 25, 2025) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) (Austral or the Company) regrets to report a fatal incident at its Guanaco mine in Chile, resulting in the death of an employee from a contractor company that provides plant service support at the operation.

Emergency protocols were immediately initiated to assist those on site, support employees and contractors, and notify the relevant authorities to commence an investigation.

We extend our deepest condolences to the employee's family, colleagues, and friends, during this difficult time.

The safety and health of everyone involved in our operations has always been and shall remain Austral Gold Limited's paramount priority. We are committed to working closely with the relevant authorities to determine the cause of this tragic incident and to ensure the continued safety of our workforce.

About Austral Gold

Austral Gold is a growing gold and silver mining producer building a portfolio of quality assets in the Americas based on three strategic pillars: production, exploration and equity investments. Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Release approved on behalf of the Board by the Chief Executive Officer, Stabro Kasaneva.

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