A2 GOLD Expands 2026 Eastside Drill Program to 30,000 Metres Largest Drill Program in the History of the Company Tonopah, NEV. ,
A2 GOLD EXPANDS 2026 EASTSIDE DRILL PROGRAM
TO 30,000 METRES
LARGEST DRILL PROGRAM IN THE HISTORY OF THE COMPANY
TONOPAH, Nev.
,
Jan. 20, 2026
/CNW/ -
A2Gold Corp. ("A2Gold" or the "Company")
(TSXV: AUAU) (OTCQX: AUXXF)
(FRA: RR7) is pleased to announce a significant expansion of its previously announced 18,000-metre reverse circulation
("RC") drill program at its flagship Eastside Gold Project in Nevada. The Company has increased the planned program to a
total of
30,000 metres
, marking the largest and most comprehensive drill campaign ever undertaken at Eastside.
The expanded program is designed to both
advance and expand known mineralization
within the McIntosh and Castle
zones, while allocating approximately
two-thirds of the drilling budget to high-impact exploration
aimed at discovering
new zones of mineralization. Target areas include on-trend and southern extensions of the McIntosh Zone, as well as multiple
compelling geophysical targets located within the Range and Pediment areas of the project (see map below):
MAP 1: PROPERTY MAP & MCINTOSH TARGETS (CNW Group/A2 Gold Corp)
MAP 2: PROPERTY MAP & CASTLE TARGETS (CNW Group/A2 Gold Corp)
John Marma, Vice President, Exploration, commented
:
"We are very excited to kick off A2 Gold's 2026 exploration
program at the Eastside Project, which represents our largest and most comprehensive drill campaign to date. The
planned 30,000-meter program is designed to both advance and expand mineralization within the McIntosh and Castle
zones while dedicating approximately two-thirds of the drilling budget towards high-impact exploration targets focused on
identifying new mineralization. These targets include on-trend and southern extensions of the McIntosh Zone, as well as
multiple compelling geophysical targets within both the Range and Pediment areas. The scale of this program reflects our
confidence in the Eastside geological model and its demonstrated potential to host additional zones of mineralization. This
systematic approach positions Eastside as a district-scale opportunity with significant upside as we move into 2026."
Peter Gianulis, CEO of A2Gold, commented:
"Expanding the Eastside drill program from 18,000 metres to 30,000
metres is a direct reflection of our confidence in the project and the strength of the geological model that has been
developed to date. With the addition of John Marma as Vice President of Exploration, we are executing an ambitious but
disciplined program that balances near-term advancement of known zones with aggressive step-out and discovery drilling.
Importantly, the expanded program is fully funded from our existing cash resources, underscoring the strength of
our balance sheet and allowing us to advance Eastside without shareholder dilution.
Eastside continues to
demonstrate the characteristics of a district-scale gold system, and this program is designed to unlock that potential for our
shareholders."
The Company expects drilling to commence in within the next two weeks, with results to be released as they become
available.
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.
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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 20-JAN-26