Austral Gold announces increase to gold resources at Chilean project June 12, 2009

Austral Gold Limited (ASX: AGD) has announced a significant increase to gold resources at its wholly owned Guanaco Project in Chile following the Company’s successful 2008 drill campaigns.

Total resources of gold at Guanaco are now 904,361 ounces. This total excludes approximately 53,000 gold equivalent ounces from the significant silver content of mineralisation at Guanaco.

Click here to view the full announcement.

For further information, please contact:

Tony Strasser
Acting Company Secretary/CFO
+61 2 9380 7233

or

Media:
Bill Kemmery
Fortbridge
+61 2 9331 0655
+61 400 122 449
bill.kemmery@fortbridge.com