Au Gold Corp Commences Exploration at its Havelock Gold-Antimony Project, Victoria, Australia
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NR05-2026
Au Gold Corp Commences Exploration at its Havelock Gold-Antimony
Project, Victoria, Australia
Vancouver, British Columbia – March 23, 2026 – Au Gold Corp (TSXV: AUGC) (the
“Company” or “AUGC”) is pleased to announce that it has commenced exploration on its
recently acquired Havelock Gold-Antimony Project, located in Central Victoria, Australia.
AUGC’s field cr ew is currently on-site conducting field inspections of hi storical workings,
mapping and rock chip sampling of a range of targets and follow up of recent and historical
anomalies. The work is being focused along the Shaw -McFarlane Trend (described in the
January 15, 2026 news release ) and a new trend along the eastern portion of the property
referred to as the Oxonian Trend. The Oxonian Trend was brought to the Company’s attention
during a thorough review of the data room provided by the previous operator which
conducted sampling of vein material proximal to shallow historical workings intermittently
along 3 kilometer (“km”) of the tren d. Samples ranged from below detection limit to 26 .3
grams per tonne (“g/t”) gold.
The Company is also introducing itself to the community and to private la ndowners, an
important first step towards building a strong working relationship with local interests.
Marc Blythe, Founder and CEO of Au Gold , commented, “Au Gold plans to be diamond
drilling targets on Havelock in the second half of 2026 . With historical production and no
modern exploration drilling on key structures at Havelock, it presents exceptional
opportunity for new discoveries. ”
Mr. Blythe continued, “Despite over a century of mining in one of the most productive gold
fields in the world, th e region is seeing renewed exploration activity and success exploring
high-grade gold systems some of which are associated with critical minerals such as
antimony. We hope to follow in the footsteps of highly successful Southern Cross Gold,
building a bright future for Victorian gold mining. ”
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Option grant
The Company also announce s that it has granted 4,275,000 incentive stock options to
directors, officers, advisors and consultants of the company. The options were granted on
March 20, 2026, are valid for five years and are exercisable at a price of $0.20. Options
granted to investor relations personnel will vest in four equal tranches over twelve months,
while the remainder vest immediately.
For further information, please contact:
Au Gold Corp
Marc G. Blythe, MBA, P .Eng., President & Chief Executive Officer
David Jan, Investor Relations Phone: 1-888-807-4566
www.augoldcorp.com
About Au Gold
Au Gold Corp (TSXV: AUGC) is a gold exploration company focused on advancing its flagship
Havelock gold-antimony project in the Victorian Gold Fields in Australia and the Ponderosa
gold project in the Spences Bridge Gold Belt in British Columbia, Canada.
Cautionary Note
This release includes certain statements and information that may constitute forward -
looking information within the meaning of applicable Canadian securities laws. Forward -
looking statements relate to future events or future performance and reflect the expectations
or beliefs of management of the Company regarding future events. Generally, forward -
looking statements and information can be identified by the use of forward -looking
terminology such as “intends” or “anticipates”, or variations of such words and phrases or
statements that certain actions, events or results “may” , “could” , “should” , “would” or
“occur”. This information and these statements, referred to herein as "forward -looking
statements" , are not historical facts, are made as of the date of this news release and include
without limitation, statements regarding discussions of future plans, estimates and
forecasts and statements as to management’s expectations and intentions with respect to,
among other things, the use of proceeds from the Private Placement and future exploration
activities including drilling on the Project.
These forward -looking statements involve numerous risks and uncertainties and actual
results might differ materially from results suggested in any forward -looking statements.
Such risks and uncertainties include, among other things, the ability of the Company to
obtain sufficient financing to fund its business activities and plans, delays in obtaining
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governmental and regulatory approvals (including of the TSX Venture Exchange), changes in
laws, regulations and policies affecting mining operations, currency fluctuations, market
uncertainty, as well as those factors discussed in the Company's most recently filed
management's discussion and analysis and other filings of the Company with Canadian
securities authorities, copies of which can be found under the Company's profile on the
SEDAR+ website at www.sedarplus.ca.
In making the forward looking statements in this news release, the Company has applied
several material assumptions, including without limitation, that the Company will be able to
obtain sufficient financing to carry out its planned exploration activities.
Although management of the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained in forward -looking
statements or forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such statements
will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place undue reliance
on forward-looking statements and forward-looking information. Readers are cautioned that
reliance on such information may not be appropriate for other purposes. The Company does
not undertake to update any forward -looking state ment, forward -looking information or
financial out -look that are incorporated by reference herein, except in accordance with
applicable securities laws. We seek safe harbour.