Au Gold Corp Rebuilding Historic Mining Database at its Havelock Gold-Antimony Project in Victoria, Australia
(TheNewswire)
Vancouver, British Columbia– 22 April, 2026 – TheNewswire – 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 activityon the Shaw – McFarlane line of workings at Havelock Gold-Antimonyproject in Victoria, Australia.
Marc Blythe, Au Gold Corp.’s founder and CEO, stated,“We are delighted to have Clive assist us with reconstructing thelocations and extent of the historic mines on the Shaw – McFarlaneTrend (“SMT”). Portions of the SMT have been farmed, hiding ordestroying geological evidence. While some of the larger historicalmine dumps are preserved along the SMT, the extent of the workings canonly be established from detailed historic records. Clive hassuccessfully reconstructed historic workings on other projects byidentifying, reviewing and collating historic data from a range ofsources, including microfilm, archived newspapers and companyrecords.”
See Figure 1 for site layout and targetlocations.
Output from Mr. Willman’s work is expected to allowthe generation of cross-sections, long sections and three-dimensionalrepresentations of the historic workings along SMT. It is likelythat detailed plans and sections were created during mining in thelate 1800’s, however with the passage of time, these documents havebeen lost.
AUGC plans to use these reconstructed records to guideits upcoming drill program on targets that were documented ashistorically productive and along strategic portions of the SMT.
Mr. Willman, who holds a Master’s Degree inStructural Geology from Monash University, has had extensive industryexperience in addition to 21 years with the Geological Society ofVictoria as a Senior Geologist. He mapped across Central and EasternVictoria with the Survey and lives less than an hour’s drive fromthe Havelock project.
Figure 1 – Havelock Project Plan Map of Targets
Qualified Person
Technical information in this press release was prepared under thesupervision of Mr. William Wengzynowski, P.Eng., a Qualified Person asdefined by NI 43-101. Mr. Wengzynowski is AUGC’s ExplorationManager.
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 hasamended the payment terms of its engagement with Resource Stock Digest(“RSD”). The Company will now pay RSD a quarterly fee ofUS$10,000 payable at the end of each quarter for which services areprovided during the 12-month term of the agreement (July 6, 2026,October 6, 2026, January 6, 2027 and April 6, 2027) for a total ofUS$40,000. Please refer to the Company’s April 8th press releasefor further details of the Marketing Services Agreement withRSD.
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
About Au Gold
Au Gold Corp (TSXV: AUGC) is a gold exploration companyfocused on advancing its flagship Havelock gold-antimony project inthe Victorian Gold Fields in Australia and the Ponderosa gold projectin the Spences Bridge Gold Belt in British Columbia, Canada. Moreinformation at www.AuGoldCorp.com
Cautionary Note
This release includes certainstatements and information that may constitute forward-lookinginformation within the meaning of applicable Canadian securities laws.Forward-looking statements relate to future events or futureperformance and reflect the expectations or beliefs of management ofthe Company regarding future events. Generally, forward-lookingstatements and information can be identified by the use offorward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrasesor 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, aremade as of the date of this news release and include without limitation, statements regardingdiscussions of future plans, estimates and forecasts and statements asto management’s expectations and intentions with respect to, amongother things, future exploration activities including drilling on theProject.
These forward-looking statementsinvolve numerous risks and uncertainties and actual results mightdiffer materially from results suggested in any forward-lookingstatements. Such risks and uncertainties include, among other things,the ability of the Company to obtain sufficient financing to fund itsbusiness activities and plans, delays in obtaining governmental andregulatory approvals (including of the TSX Venture Exchange), changesin laws, regulations and policies affecting mining operations,currency fluctuations, market uncertainty, as well as those factorsdiscussed in the Company's most recently filed management'sdiscussion and analysis and other filings of the Company with Canadiansecurities authorities, copies of which can be found under theCompany's profile on the SEDAR+ website atwww.sedarplus.ca.
In making the forward lookingstatements in this news release, the Company has applied severalmaterial assumptions, including without limitation, that the Companywill be able to obtain sufficient financing to carry out its plannedexploration activities.
Although management of the Companyhas attempted to identify important factors that could cause actualresults to differ materially from those contained in forward-lookingstatements or forward-looking information, there may be other factorsthat cause results not to be as anticipated, estimated or intended.There can be no assurance that such statements will prove to beaccurate, as actual results and future events could differ materiallyfrom those anticipated in such statements. Accordingly, readers shouldnot place undue reliance on forward-looking statements andforward-looking information. Readers are cautioned that reliance onsuch information may not be appropriate for other purposes. TheCompany does not undertake to update any forward-looking statement,forward-looking information or financial outlook that are incorporatedby reference herein, except in accordance with applicable securitieslaws. We seek safe harbour.
Copyright (c) 2026 TheNewswire - All rights reserved.
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