Austral Gold Limited provided an update on its on-going exploration programs in Chile and Argentina. During third quarter of 2021, follow-up and categorisation programs at Amancaya were completed with 14 drill holes (DAM-027 to DAM-040). The most significant results were obtained in the Oeste Vein, where two follow-up drill holes confirmed 100 meters of vertical continuity of the structure in the previous drilled sections, while a third drill hole (DAM-040) in a section in between, cut the structure in depth where a narrow structure with a low grade was observed. At Veta Este, the continuity of the structure on the proposed strike was not confirmed, as the follow-up program intercepted only narrow veins with drillholes DAM-33 and DAM-034. The interpretation suggests that it is a gently east dipping splay structure between the North and South veins. At Sierra Inesperada, four targets were tested with 20 diamond drillholes in two phases, confirming HS hydrothermal activity controlled by phreatomagmatic complexes and associated with silver mineralisation. Integration of geological, geophysical, and geochemical interpretations suggest potential blind gold mineralisation which plan to test during fourth quarter of 2021. At Cerro Buenos Aires, three drilling targets were defined with delineation activities that included detailed geological mapping, CSAMT geophysical survey and systematic rock geochemistry. A first phase of five drillholes was initiated and preliminary geological drilling results provide evidence of multi-event phreatomagmatic breccias, greater than 300 meters of oxidized HS alteration column including greater than 100 meters of strong silicification and relict vuggy silica. At Morros Blancos, the targeting process defined three prospective HS areas. Delineation began in Rosario del Alto, which ranked as having the great potential. Initial geological mapping recognized four maar - diatreme complexes with favorable alteration at the right level preservation. Systematic rock geochemistry and CSAMT survey was initiated and plan to commence a drilling program in fourth quarter of 2021 if positive results are received. The first phase of drilling was completed in five vein targets including 14 holes in 2,800 meters. At the Manantiales vein, a blind ore-shoot was intercepted opening the upside to the south and the exploration potential to the north in the protected block related to the Vallecito reverse fault. The holes drilled at Valentina, Julieta, Awada and Maya did not intercept significant mineralisation. However, the composition and textures of the intercepted veins suggest potential at depth. A second drill phase is under review and is expected to be completed during fourth quarter of 2021. Preliminary targeting of the district, based on geological mapping, Aster interpretation, and geophysics resulted in a new target structurally protected. The follow-up activities on the new target confirmed favorable alteration related to Dome-Breccia complex. Planned fourth quarter of 2021 activities are focused on relogging and reinterpretation of historical data.