Ausgold Limited reported high-grade gold results from new drilling at the Katanning Gold Project in Western Australia. Assay results from 11 drill holes showed significant mineralization, including 14m at 6.18g/t Au and 10m at 2.27g/t Au. The results confirm strong growth potential and continuity of mineralization, with infill drilling showing consistently higher grades than modeled. The ongoing drilling program aims to expand the resource and prepare for initial mining operations.