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Austral Gold Limited (Austral Gold) is an Australia-based company. During the fiscal year ended June 30, 2009 (fiscal 2009), the Company was engaged in the exploration and evaluation of mineral properties. Austral Gold has exploration areas and mineral deposits in Australia and in Chile. During fiscal 2009, the Company continued to explore and invest in its Guanaco Project (Guanaco) in northern Chile. As of June 30, 2009, total resources of gold at Guanaco were 904,361 ounces. Guanaco is located approximately 220 kilometers south east of Antofagasta in Northern Chile. The Bullabulling Project is located about 60 kilometers west-southwest of the City of Kalgoorlie-Boulder in the Eastern Goldfields Province of Western Australia. The project comprises eight granted Prospecting Licenses covering a total area of 1,233 hectares in the historical Bullabulling gold mining area.


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