Austral Gold Limited announced an update of its Amancaya drilling campaign following new assay results received from eleven drill holes. Highlights from reported assays: The Oeste Vein has been intersected by two core diamond drill holes: DAM-024 2.41 meters @ 10.19 g/t gold and 55.2 g/t silver; DAM-026 1.17 meters @ 24.98 g/t gold and 77.3 g/t silver. The follow-up drilling of the previously reported DAM-008 confirmed the Este Vein continuity at least for 50 meters NW and SE, parallel to the Amancaya Sur Vein. Currently, four core diamond drill holes have intersected the Este Vein with the two new intercepts shown below: DAM-019 4.27 meters @ 7.81 g/t gold and 33.0 g/t silver; DAM-016 1.8 meters @ 3.1 g/t gold and 1.5 g/t silver. Oeste Vein discovery Drill holes DAM-024 and DAM-026 were drilled to test the southern part of the Sur Vein at depth. The Oeste Vein was recognized in the hanging wall of both drill holes at shallow depths. The results of DAM-024 and DAM-026 recognized the Oeste Vein being subparallel to the Sur Vein. The Oeste Vein strikes in NW direction and has been intersected by the two drill holes approximately 200 meters apart. Este Vein discovery: Drill holes DAM-016 to DAM-021 were designed to confirm mineralization intercepted with DAM- 008 drill holes in section 100SW. Drillholes DAM-016 and DAM-019 confirmed the continuity of the Este Vein. To date, four drill holes have intersected the Este Vein that is interpreted to strike in NW direction over approximately 50 meters. See Table 1 for more detailed drill results and the Plan View Map for surface projections of the newly discovered veins. The new Este Vein is a subparallel structure located almost 200 meters to the northeast of the Sur Vein. The exploration program for Second Quarter 2021 will focus on establishing continuity and extending the Oeste and Este veins along strike and at depth.