April 4 (Reuters) - Austral Gold Ltd AGD.AX :
* UPDATES ON CASPOSO MINE
* DECIDED TO TEMPORARILY PLACE CASPOSO MINE ON CARE AND MAINTENANCE DURING APRIL 2019
* COSTS TO PLACE MINE ON CARE AND MAINTENANCE ARE ESTIMATED TO BE ABOUT US$3 MILLION PLUS REPAYMENT OF US$2 MILLION OF BORROWINGS
* CARE AND MAINTENANCE OF CASPOSO MINE IN ARGENTINA EXPECTED TO AFFECT 200 EMPLOYEES AND 50 CONTRACTORS