Feb 9 (Reuters) - Austral Gold Ltd AGD.AX :
* Austral Gold expands asset base in Chile AGD.AX
* Securing properties surrounding amancaya"
* Guanaco compañia minera spa has entered into an agreement with Revelo Resources to secure 12,500 hectares of mining concessions
* Says deal involves cash payment of US$650K over 3 years
* Will cover the cost of the mining rights annual payment for the properties for the year 2015 and subsequent years
* Deal involves "work commitment of US$3M over 3 years starting from the date of a binding agreement between the parties "
* Source text for Eikon ID:nASX7XXFrZ