Company: AUST
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001410578-25-000509
Chunk: 64

Company: Austin Gold Corp.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 6
Chunk 64
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2023 and June 3, 2024;  
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  On November 1, 2020, the Company entered into a mineral lease agreement with NAMMCO, a Wyoming General Partnership, for exploration and mining rights and access to certain mineral claims on the...  
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  On May 16, 2022, the Company entered into a mineral lease agreement with BMR for exploration and mining rights and access to certain mineral claims on the Stockade Mountain Project situated in ...  
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In total, the Company’s mineral projects cover 45.3 mi2(117.3 km2) in the aggregate, consisting of a mix of 1,388 unpatented mining claims either leased with option to purchase, joint ventured, or owned outright by the Company and private property leases.

Table of Contents

QP

The disclosure in this Annual Report of scientific and technical information regarding exploration results for the Kelly Creek Project has been reviewed and approved by Barbara Carroll, who is a QP under S-K 1300. Ms. Carroll is an independent consulting geologist.

The disclosure in this Annual Report of scientific and technical information regarding exploration results for the mineral properties of the Company, except for the Kelly Creek Project, has been reviewed and approved by Robert Hatch, VP Exploration of the Company, who is a QP under S-K 1300.

As VP Exploration of the Company, Robert Hatch is compensated US$15,000 per month and has been granted the following options:

  33,333 options to purchase Common Shares of the Company exercisable at a price of C$3.00 per share and expiring on December 3, 2030;  

  76,667 options to purchase Common Shares of the Company exercisable at a price of US$0.9161, vesting over a period of 18 months and expiring on October 27, 2027;  

  100,000 options to purchase Common Shares of the Company exercisable at a price of US$0.7671, vesting over a period of 18 months and expiring on October