SCHEDULE 13D/A 0000912282-23-000518 0001134867 XXXXXXXX LIVE 1 Common Shares, No Par Value 03/27/2025 false 0001817740 05223F106 Austin Gold Corp.

1021 West Hastings Street, 9th Floor Vancouver A1 V6E 0C3

Jason K. Brenkert (303) 629-3445 Dorsey & Whitney LLP 1400 Wewatta Street, Suite 400 Denver CO 80202-5549 0001134867 HIGGS DARCY ALAN PF Z4 2526667 2526667 2526667 N 18.5 IN The numbers reported in Items 7, 9, and 11 include 1,926,667 Common Shares and options to purchase 410,000 Common Shares beneficially owned by Reporting Person, control or direction over 90,000 shares owned by Santorini Investment Corp., and control or direction over 100,000 Common Shares owned by family members who reside with him. The percentages used herein are calculated based upon 13,271,750 outstanding Common Shares of the Issuer, plus 410,000 Common Shares in aggregate underlying convertible securities which are beneficially owned by the Reporting Person and included pursuant to Rule 13d-3(d)(1)(i) of the Act. Common Shares, No Par Value Austin Gold Corp. 1021 West Hastings Street, 9th Floor Vancouver A1 V6E 0C3 This statement constitutes Amendment Number 1 ("Amendment No. 1") to the Schedule 13D filed with the Securities and Exchange Commission ("SEC") on November 20, 2023 (the "Original Schedule 13D") with respect to the common stock of Austin Gold Corp. (the "Issuer"), beneficially owned and controlled by Darcy Higgs (the "Reporting Person"). This Amendment No. 1 amends and supplements the Original Schedule 13D on behalf of the undersigned to furnish the information set forth herein. Except as set forth below, all Items of the Original Schedule 13D remain unchanged. Pursuant to share purchase agreements dated March 17, 2025, the Reporting Person acquired, through private sale, beneficial ownership of 10,000 Common Shares and control over 100,000 Common Shares from Kenneth C. McNaughton, a director of the Issuer, and beneficial ownership of 250,000 Common Shares from Joseph Ovsenek, a director of the Issuer, using $452,862 of personal funds (converted from C$648,000 at a conversion rate of C$1.4309=US$1.00). The share purchase transaction closed March 27, 2025. The Reporting Person acquired the additional 360,000 Common Shares for investment purposes and to exert control over the Issuer 2,526,667 Common Shares; 18.5% 2,526,667 Common Shares; 18.5% The Common Shares were purchased for $1.2579 per share (converted from C$1.80 per share at a conversion rate of C$1.4309=US$1.00). Certain provisions of the share purchase agreements are summarized in Item 3 and incorporated herein by reference. Exhibit 10.5 - Form of share purchase agreement dated March 17, 2025. HIGGS DARCY ALAN /s/ Darcy Higgs 04/16/2025