Austral Gold Limited — AGM Information 2011

Nov 29, 2011

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Austral Gold Limited Annual General Meeting 30 November 2011

Guanaco Gold and Silver Mine, Chile

Paleocene-Eocene Belt, Northern Chile

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Caracoles
San Cristóbal
Antofagasta
El Peñón
El Soldado
Cachinal de la Sierra GUANACO
Taltal
Vaquillas
Amancaya
LEGEND
Sierra Overa
Sierra Juncal
Gold Deposits
Silver Deposits
Paleocene-Eocene Belt
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AMINSA Project – San Juan, Argentina

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ARGENTINA EXPLORATION POTENTIAL 8 de Julio Project – Santa Cruz, Argentina

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AGD has a large property position in Santa Cruz Province, Argentina

8 de Julio – Geological Map

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Barroso
Grande
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Barrossa Grande Geology

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8 de Julio Project – Santa Cruz, Argentina

Barroso Grande Magnetic Response

Barroso Grande Vein System

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8 de Julio – Sampling Assays

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0.283 1.218
0.157
0.548
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Guanaco in the porphyry copper belt

Guanaco lies directly on trend with some of the largest copper and gold deposits in the world

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GUANACO
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Guanaco properties in the paleocene belt

42,631 Ha Mine Property

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Escondida
Cerro Islote
Salvadora Veta Blanca
Guanaco Orebody Location
Cerro Quillota
Fortuna
Llano
Guanaquito
Herradura
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2011 Exploration: drilled targets (Au + Ag)

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Llano Guanaquito
GUANACO 1
Herradura
3
2
4
Herradura
Eureka-Palermo
C ° Guanaquito
Guanaco Minex
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Guanco Gold Mine

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Proxies

	Resolution	Total Proxies received eligible to vote	Proxies FOR	Proxies AGAINST	Proxies ABSTAINING	At the Proxies Discretion
	ITEM 2 Adoption of Remuneration Report	626,008	593,870	27,310	-	4,828
	ITEM 3 Re-Election of Mr Saul Zang	120,029,129	119,996,991	-	25,000	7,138
	ITEM 4 Re-Election of Dr Robert Trzebski	121,464,797	121,432,659	-	25,000	7,138
	ITEM 5 Re-Election of Mr Ben Jarvis	121,464,797	121,432,659	-	25,000	7,138

Proxies

	Resolution	Total Proxies received eligible to vote	Proxies FOR	Proxies AGAINST	Proxies ABSTAINING	At the Proxies Discretion
	ITEM 6 Re-Election of Mr Wayne Hubert	121,464,797	121,432,659	-	25,000	7,138
	ITEM 7 Amendments to Austral Gold Limited Constitution	121,464,797	121,442,656	15,003	-	7,138
	ITEM 8 Approve Total Aggregate Annual Directors’ Fees to Non-Executive Directors	626,008	578,867	42,313	-	4,828