A2GOLD Commences 30,000-METRE Drill Program at Eastside GOLD-Silver Project Drilling Will Test Multiple High Priority Targets Including Continuity of Mineralization Between the Mcintosh and Castle Deposits Tonopah, NEV.
A2GOLD COMMENCES 30,000-METRE DRILL PROGRAM AT
EASTSIDE GOLD-SILVER PROJECT
DRILLING WILL TEST MULTIPLE HIGH PRIORITY TARGETS INCLUDING CONTINUITY OF MINERALIZATION BETWEEN THE
MCINTOSH AND CASTLE DEPOSITS
TONOPAH, Nev.
,
Jan. 26, 2026
/CNW/ -
A2Gold Corp. ("A2Gold" or the "Company")
(TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is
pleased to announce the commencement of its fully funded 30,000-metre reverse circulation ("RC") drill program at its flagship Eastside
Gold Project, located in
Nevada, USA
.
The drill program represents a significant expansion from the Company's previously announced 18,000-metre program and is designed to
systematically advance and grow the existing resources while testing multiple high-priority targets across the broader Eastside land
package. Drilling is expected to continue throughout the year, subject to results and operational conditions.
The 2026 drill campaign will focus on step-out and infill drilling in areas of known mineralization, as well as exploration drilling aimed at
testing new targets generated through geological mapping, geophysics, and recent reinterpretation of historical data. The expanded
program reflects A2 Gold's strong technical conviction in the Eastside project and the Company's robust financial position.
Peter Gianulis
, CEO of A2Gold, commented:
"The start of this 30,000-metre drill program marks an important milestone for A2 Gold
and underscores our commitment to aggressively advance Eastside. With a strong balance sheet and the program fully funded, we
expect to be drilling consistently throughout the year. Our objective is clear: to continue expanding and upgrading the resource while
unlocking the broader exploration potential of this highly prospective district-scale asset."
The drill program is being overseen by A2 Gold's technical team and will be executed using multiple RC rigs to ensure steady progress and
efficient delivery of results. Assay results will be released as they are received, analyzed, and validated.
QUALIFIED PERSON
John Marma
is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and is the Qualified Person
under NI 43-101, Standards of Disclosure for Mineral Projects, who has reviewed and approved the scientific and technical content of this
press release.
ABOUT EASTSIDE
The Eastside Gold-Silver Project is located in
Esmeralda County, Nevada
, approximately 20+ miles northwest of
Tonopah
, within the prolific
Walker Lane Trend
. The project hosts a current inferred resource of 1.4 million ounces of gold and 8.8 million ounces of silver, with
mineralization open in all directions. Eastside covers a 92 km² land package that includes multiple high-priority zones such as McIntosh,
Castle, and other exploration targets yet to be named.
*Source: "Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver Project Technical Report,
Esmeralda County, Nevada
" conducted by Mine Development Associates of
Reno, Nevada
, with an effective date of
July 30
, 2021. Pit-
constrained Inferred Resources (cut-off grade of 0.15 g/t Au) of 61,730,000 tonnes grading 0.55 g/t Au and 4.4 g/t Ag at the Original Pit
Zone (1,090,000 ounces gold and 8,700,000 ounces silver) and 19,986,000 tonnes grading 0.49 g/t Au at the Castle Area (314,000 ounces
gold) with a gold price of
$1,725
/ounce. A copy of the Eastside Technical Report can be found on SEDAR at
www.sedar.com
.
ABOUT A2GOLD CORP
A2Gold Corp. owns three highly prospective gold projects in
the United States
all of which are in the mining-friendly jurisdiction of
Nevada
.
A2Gold's flagship, district-scale Eastside Gold-Silver Project hosts a large and expanding gold and silver resource and is in an area of
excellent infrastructure. Preliminary metallurgical testing indicates that both oxide and sulphide gold mineralization at Eastside is amenable
to heap leaching.
ON BEHALF OF THE BOARD
Peter Gianulis
, CEO
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable
U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which are referred to
collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for
certain forward-looking statements. A2Gold Corp.'s ("A2Gold") exploration plans for its gold exploration properties, the drill program at
A2Gold's Eastside project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside
project, A2Gold's future exploration and development plans, including anticipated costs and timing thereof; A2Gold's plans for growth
through exploration activities, acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and
working capital requirements. Forward-looking statements are statements and information regarding possible events, conditions or results
of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information
other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by
the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict",
"potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future
outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and
assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or
achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to
place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could
cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled "Risk
Factors" in A2Gold's Listing Application, dated
January 24, 2018
, as filed with the TSX Venture Exchange and available on SEDAR under
A2Gold's profile at
www.sedar.com
. Actual results and future events could differ materially from those anticipated in such statements.
A2Gold undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs,
estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as
amended, and may not be offered or sold within
the United States
or to, or for the account or benefit of, U.S. persons absent U.S.
registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public
offering of securities in
the United States
must be made by means of a prospectus containing detailed information about the company and
management, as well as financial statements.
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CO: A2 Gold Corp
CNW 09:15e 26-JAN-26