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Austral expands land holding in Chile

Junior gold developer Austral Gold has struck a deal with TSX-listed Revelo Resources to secure 12 500 ha of mining concessions in Chile, to expand its Amancaya project.

The mining concessions currently form part of Revelo’s San Guillermo project, which comprises more than 24 000 ha of exploration and mining tenements, with much of the property remaining unexplored.