Summary
- A significant soil and stream sediment sampling program is being planned at our Lone Mountain Project near the Carlin gold district in Elko County, Nevada. Field work is scheduled for early summer.

- Austin is moving forward with a "Plan of Operations" at its Stockade Mountain Project inMalheur County, Oregon, to allow greater flexibility in drill site placement.

- The Company plans to follow up on encouraging results from the 2023-2024 winter drilling program at Stockade Mountain with a reverse circulation ("RC") drilling program.

- Austin has renegotiated the terms of the Option to Joint Venture Agreement on the Kelly Creek Project, Humboldt County, Nevada, by extending the date required to earn a 51% interest by two years.

- The Company is fully funded for the planned exploration programs discussed herein.

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Austin Gold Corp. (NYSE American: AUST) ("Austin" or the "Company") announces this update on activities at its Lone Mountain Project, Elko County, Nevada, at its Stockade Mountain Project, Malheur County, Oregon, and regarding its Kelly Creek Project, Humboldt County, Nevada.  see & read more on
https://www.newsfilecorp.com/release/214255/