Austral Gold Limited reported production results for the fourth quarter and year ended December 2013. For the quarter, the Guanaco mine continued to generate strong operating cash flows for the company with stable production at 11,736 gold ounces.

For the year 2013, total gold production was a record for the company at 50,226 gold ounces against 28,902 gold ounces in 2012. Total Silver production was 74,031 Ag Oz against 74,807 Ag Oz a year ago.

For the year 2014, the company is projecting production to reach 50,000 gold ounces and silver production is expected to be 35,715 Ag Oz.