Ausgold Reaches Lease Agreement for Workforce Accommodation for Western Australia Gold Project

MT Newswires Live

Oct 30, 2025

Ausgold (ASX:AUC) reached an agreement-in-principle with the Shire of Katanning for the long-term lease of Shire-owned land near the town of Katanning for a workforce accommodation facility for the Katanning gold project in Western Australia, according to a Thursday Australian bourse filing.

The signing of lease documentation remains subject to Council approval, following the issue of a public notice regarding the shire's plan to enter into the lease arrangement with Ausgold.

The agreement has a term of 12 years starting Jan. 1, 2026, with two five-year extension options.

Ausgold's shares rose past 1% in recent trading on Thursday.

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