• Austral Gold's stock surged 30% following the signing of a non-binding Memorandum of Understanding (MOU) with Freehill Mining (ASX:FHS) on July 9, 2026.
  • The MOU outlines cooperation on identifying, evaluating, acquiring, exploring, and developing copper and copper-gold projects in Chile, offering Austral Gold a low-cost entry into the copper market.
  • This strategic move provides Austral Gold optionality in the energy transition copper theme without substantial capital risk.