Ausgold said it has entered a binding Scheme Implementation Deed under which a wholly owned Australian subsidiary of OceanaGold Corporation is proposed to acquire 100% of Ausgold through a court-approved scheme of arrangement.
The company said it had previously targeted a final investment decision for the Katanning Gold Project by the end of 2026, but is no longer in a position to make that decision within the timeframe because of the proposed scheme with OceanaGold.
During the quarter, Ausgold received grants for three new mining leases covering about 1,100 hectares. The company said it now holds granted mining leases over all areas required for development of the Katanning Gold Project.
Source: Download AUC official ASX announcement, 2026-10-08.
KGP Workforce Accommodation Village images from Ausgold’s quarterly report announcement dated 8 October 2026.