Ausgold Limited (Ausgold) is an Australia-based company. The Company is engaged in the exploration for gold and other precious metals. The Company�s flagship project is the Katanning Gold Project. During the fiscal year ended June 30, 2012, the Company focussed on the Jinkas and Dingo Corridors of the Katanning Gold Project. The Jinkas Corridor hosts the Jinkas open pit. In November 2011, Ausgold commenced a major drilling program consisting of 35,000 metres of drilling in the Jinkas Corridor. As of June 30, 2012, it had completed 96 RC holes and 7 diamond holes. The Dingo deposit has been drilled over a strike length of 1.4 kilometres. Its Cracow Project consists of four tenements covering 1,200 squarekilometers (KM) located approximately 375km north-west of Brisbane. The Yamarna Copper-Nickel Project is located approximately 125 kilometres north-east of Laverton in central Western Australia.