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AUGC.V ·

Au Gold Corp Rebuilding Historic Mining Database at its Havelock Gold- Antimony Project in Victoria, Australia

Corporate Updates

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NR07-2026

Au Gold Corp Rebuilding Historic Mining Database at its Havelock Gold-

Antimony Project in Victoria, Australia

Vancouver, British Columbia – 22 April, 2026 – Au Gold Corp (TSXV: AUGC) (the

“Company” or “ AUGC”) is pleased to announce that it has engaged Clive Willman &

Associates to research and reconstruct historic mining activity on the Shaw – McFarlane line

of workings at Havelock Gold-Antimony project in Victoria, Australia.

Marc Blythe, Au Gold Corp. ’s founder and CEO, stated, “We are delighted to have Clive assist

us with reconstructing the location s and extent of the historic mines on the Shaw –

McFarlane Trend (“SMT”). Portions of the SMT have been farmed, hiding or destroying

geological evidence. While some of the larger historical mine dumps are preserved al ong

the SMT, the extent of the workings can only be established from detailed historic records.

Clive has successful ly reconstructed historic workings on other projects by identifying,

reviewing and collating historic data from a range of sources, including microfilm, archived

newspapers and company records.”

See Figure 1 for site layout and target locations.

Output from Mr. Willman’s work is expected to allow the generation of cross-sections, long

sections and three -dimensional representations of the historic workings along SMT. It is

likely that detailed plans and sections were created during mining in the late 1800’s, however

with the passage of time, these documents have been lost.

AUGC plans to use these reconstructed records to guide its upcoming drill program on

targets that were documented as historically productive and along strategic portions of the

SMT.

Mr. Willman, who holds a Master’s Degree in Structural Geology from Monash University, has

had extensive industry experience in addition to 21 years with the Geological Society of

Victoria as a Senior Geologist. He mapped across Central and Eastern Victoria with the

Survey and lives less than an hour’s drive from the Havelock project.

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Figure 1 – Havelock Project Plan Map of Targets

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Qualified Person

Technical information in this press release was prepared under the supervision of Mr.

William Wengzynowski, P .Eng., a Qualified Person as defined by NI 43 -101. Mr.

Wengzynowski is AUGC’s Exploration Manager.

Marketing Engagement Amendment

Further to the Company’s press release dated April 8, 2026, and at the request of the TSX

Venture Exchange, the Company has amended the payment terms of its engagement with

Resource Stock Digest (“RSD”). The Company will now pay RSD a quarterly fee of

US$10,000 payable at the end of each quarter for which services are provided during the 12-

month term of the agreement (July 6, 2026, October 6, 2026, January 6, 2027 and April 6,

2027) for a total of US$40,000 . Please refer to the Company’s April 8th press release for

further details of the Marketing Services Agreement with RSD.

For further information, please contact:

Au Gold Corp

Marc G. Blythe, MBA, P .Eng., President & Chief Executive Officer

David Jan, Investor Relations

1-888-807-4566

[email protected]

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. More information

at www.AuGoldCorp.com

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

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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, 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

governmental and regulatory approvals (including of the TSX Venture Exchange), changes in

laws, regulations and policies affecting mini ng 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 outlook that are incorporated by reference herein, except in accordance with

applicable securities laws. We seek safe harbour.