Earnings ·
Austin Gold reports $1.99M net loss for nine months ended Sept. 30, 2026
AUSTAustin Gold Corp.
Austin Gold Corp. reported a net loss of $1,992,901 and used $1,383,945 in operating cash flows for the nine months ended September 30, 2026. The results were driven by a $769,936 write-off of exploration and evaluation assets following the termination of the Kelly Creek Project agreement on June 1, 2026. Cash and cash equivalents decreased to $257,564 from $573,159 at year-end 2025. The company has no revenue and faces substantial doubt regarding its ability to continue as a going concern without additional financing. Austin Gold Corp. is a gold exploration company focused on acquiring and evaluating mineral properties in the western United States.