Ausgold Limited advised that Mr. Geoff Jones has resigned as a non-executive Director and Chairman of the Company, effective immediately to pursue his other business interests. Following Mr. Jones' resignation, Mr. Richard Lockwood, a current non-executive Director, will act as the interim Chairman of the Company. Ausgold will commence an executive search process to recruit a new non-executive Chairman as it continues its transition from explorer to developer at the Katanning Gold Project.