22:24:52 EDT Wed 22 Apr 2026
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Au Gold Corp
Symbol AUGC
Shares Issued 58,139,157
Close 2026-04-22 C$ 0.22
Market Cap C$ 12,790,615
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Au Gold to reconstruct historical records at Havelock

2026-04-22 17:38 ET - News Release

Mr. Marc Blythe reports

AU GOLD CORP REBUILDING HISTORIC MINING DATABASE AT ITS HAVELOCK GOLD-ANTIMONY PROJECT IN VICTORIA, AUSTRALIA

Au Gold Corp. has engaged Clive Willman & Associates to research and reconstruct historical mining activity on the Shaw-McFarlane line of workings at Havelock gold-antimony project in Victoria, Australia.

Marc Blythe, Au Gold's founder and chief executive officer, stated: "We are delighted to have Clive assist us with reconstructing the locations 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 along the SMT, the extent of the workings can only be established from detailed historic records. Clive has successfully 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."

Output from Mr. Willman's work is expected to allow the generation of cross-sections, long sections and three-dimensional representations of the historical workings along SMT. It is likely that detailed plans and sections were created during mining in the late 1800s, however, with the passage of time, these documents have been lost.

Au Gold 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 drive from the Havelock project.

Qualified person

Technical information in this news release was prepared under the supervision of William Wengzynowski, PEng, a qualified person as defined by National Instrument 43-101. Mr. Wengzynowski is Au Gold's exploration manager.

Marketing engagement amendment

Further to the company's news 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 $10,000 (U.S.) payable at the end of each quarter for which services are provided during the 12-month term of the agreement (July 6, 2026, Oct. 6, 2026, Jan. 6, 2027, and April 6, 2027) for a total of $40,000 (U.S.). Please refer to the company's April 8 news release for further details of the marketing services agreement with RSD.

About Au Gold Corp.

Au Gold 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.

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