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Austral acquires further 19% stake in Casposo mine

Dual-listed Austral Gold has paid ASX-listed Troy Resources $1-million to acquire an additional 19% interest in the Casposo silver-gold mine in Argentina, raising its stake to 70%. Austral in 2016  recommissioned the mine and plant and started full operations in November, making significant progress in a number of areas including changes to the workforce, key changes to the equipment used in underground production and economies of scale.