Ausgold (AUC) Q4 2026 TU earnings summary

Executive summary

• Pre-development activities accelerated at the Katanning Gold Project, with early works agreements signed for engineering and power infrastructure, and construction of the accommodation village underway.

• Environmental permitting advanced, with all requested information submitted and no significant habitat constraints identified.

• Strong drilling results from both in-fill and step-out programs at Katanning and Nanicup Bridge, indicating resource growth potential.

• Key leadership appointments made to support project execution ahead of the final investment decision targeted for end-2026.

Financial highlights

• Cash balance at 30 June 2026 was $87.4 million.

• Material cash outflows for the quarter included $12.2 million on exploration and evaluation, $0.4 million on staff costs, and $0.4 million on administration.

• Interest income for the quarter totaled $1.75 million.

• No changes to share capital during the quarter; 547.9 million shares on issue.

Outlook and guidance

• Final investment decision for Katanning Gold Project targeted by end-2026, with first gold production planned for mid-2028.

• Ongoing detailed engineering, procurement, and construction activities to continue in the next quarter.

• Continued advancement of permitting, community engagement, and project financing initiatives.