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Austral Gold plans to buy mineralised material from Challenger, shifting from toll processing agreement.

Company Fundamentals
10 Sep 2026
Newsfile Corp
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Neutral
Austral Gold plans to buy mineralised material from Challenger, shifting from toll processing agreement.

Austral Gold is negotiating with Challenger Gold to move from a toll processing agreement to purchasing mineralised material from Challenger's Hualilan Project. The current toll processing has been successful with high recovery rates, and fees have been paid in full. The new arrangement would be non-exclusive, allowing blending of third-party material with Austral's ore. Austral is also exploring other third-party processing opportunities in the San Juan region and will update the market if a binding deal is made.

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