Vancouver, British Columbia – 21 May, 2026 – Au Gold Corp (TSXV: AUGC) (the “Company” or “AUGC”) is pleased to provide an update on exploration activities and analytical results received to date at its Havelock Gold-Antimony project in Victoria, Australia.

• Eighty-nine orientation rock samples were collected and analysed from various locations on the project (Figure 1), returning values from below detection to 25.10 grams per tonne (“g/t”) gold.  Only gold values have been received to date, multi-element results, including antimony are pending

• Two new areas of interest have been identified on the northern claim block through historical data review proximal to the Sydenham Reef Mine (owned by a third party) 

• Historic soil geochemistry data has been acquired and added to the project digital data set, resulting in the identification of anomalous gold results on the southern end of the Shaw-McFarlane Trend, between Shaw’s Reef and the southern property boundary. The anomalies appear to have had no follow up to date

• Field personnel are mobilizing to collect an additional 1,000 soil samples, comprising infill and extension around existing anomalies.  Further prospecting, sample collection and interpretation will be carried out during June 2026

Marc Blythe, Founder & CEO of Au Gold, comments, “Overall we are very pleased with progress to date at Havelock.  We are progressing a very methodical approach, including wringing as much information out of historical work by others at the project as possible to ensure that our own work programs are tightly focused and efficient.”

First Phase Orientation Rock Sampling Results

During March 2026, Company personnel collected 89 orientation rock samples, comprising both select and in-situ samples at a range of sites across the project.  Target areas (shown in Figure 1) included two sites along the main Shaw-McFarlane Trend (SMT) reef line and several historical sites to the west assessing parallel structures including potential extensions of Harvey’s Reef.  In addition, a 3 kilometre (“km”) portion of the Oxonian Trend was prospected.

Samples consisted dominantly of massive to thinly laminated quartz reef material and iron carbonate-iron oxide quartz breccias.  Samples were collected from historical dump piles and shallow pits as well as undisturbed areas.  Twenty-eight samples returned anomalous gold values between 100 ppb and 25.10 g/t (Figure 2).

At Harper’s Reef, located on the Shaw-McFarlane Trend, two samples returned anomalous gold values of 0.98 and 18.40 g/t gold.  The 18.40 g/t sample consisted of a composite of weakly laminated white quartz pieces collected from the top of the Harper’s Reef dump pile and the grade is in line with reported historic production records.  This appears to be the only sample documented from this site.

Between McFarlane Shaft and Harvey’s Reef (Figure 2), seventeen samples returned anomalous gold values between 100 ppb and 25.10 g/t.  The sample grading 25.10 g/t was a composite of laminated quartz reef material averaging 7 centimetres (“cm”) thickness from an area of shallow workings (< 1 m deep) referred to in the historic literature as Lund’s Reef.  Angular blocks up to 30 cm thick of hydrothermally altered siltstone containing quartz stringers, secondary manganese and siderite returned 6.58 g/t gold from a parallel series of shallow workings known as the Ant Reef.

Prospecting and localized sampling along the Oxonian trend returned mostly sub gram gold samples with exception of one insitu sample from an 11 cm exposure of quartz-siderite which graded 3.74 g/t gold.

Recent completion of the Havelock data set review identified two well-defined northerly trends of gold-bearing float and insitu samples in the northern Havelock claim block (Figure 3).  This region of the project is host to the Sydenham Reef Mine developed along the northern extension of the Shaw-McFarlane Trend.  The mine is currently owned by a third party and believed to be inactive.

The two trends are delineated by rock samples grading between 0.79 g/t and 24.10 g/t gold.  The rock samples were contained in a historical data set and appear to have had no follow up.  The Sydenham Central trend of anomalous rock samples is 210 m in length and is centered on an insitu sample returning 24.10 g/t gold however the thickness of the sample was not provided.  The Sydenham East trend of anomalous rock samples is 500 m in length with peak values of 14.20 g/t and 11.90 g/t gold at the southern and northern ends of the trend, respectively.

Historical Data Set Review

Part of the recent data set review included the identification and location of historical soil sampling results.  These were added to the digital data set, which led to the identification of a strategic 2 km section of the Shaw-McFarlane Trend (Figure 1) in the southern part of the property containing weak and moderate intermittent gold-in soil anomalies.  There are no recorded rock samples in this area suggesting no follow up work has been conducted.

Next Steps

AUGC will be commencing its phase 2 work program at Havelock shortly which will consist of the collection of approximately 1,000 soil samples in strategic parts of the property supplementing broadly spaced historical anomalies.  Focused prospecting will also continue along the Shaw-McFarlane and Oxonian Trends.

The recent sampling results, along with the upcoming phase 2 work program and historical data set review will provide the basis for identifying additional high priority drill targets at Havelock.  AUGC’s drill program, which is expected to commence in Q3 2026 will constitute the first modern drilling program on the SMT.

The Company continues to engage with the community, in particular private landowners within areas of interest on the project.

Figure 1

Figure 2

Figure 3

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.

Sample Analysis

Analytical samples were transported by Company personnel to On Site Laboratory Services (“On Site”) located in Bendigo, Victoria, Australia.  On Site operates under both ISO 9001 and NATA quality systems. Samples were prepared and analyzed for gold using the fire assay technique (PE01S method; 25 gram charge), followed by measuring the gold in solution with flame AAS equipment.  On Site inserts blanks and standards into the analytical process, AUGC did not insert additional QA/QC samples.

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

info@augoldcorp.com

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 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 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 statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

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 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.”

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.

Figure 1 – Havelock Project Plan Map of Targets

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

info@augoldcorp.com

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 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 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 statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

Vancouver, British Columbia – 8 April, 2026 – Au Gold Corp (TSXV: AUGC) (the “Company” or “AUGC”) is pleased to announce that its recent field work (see 23 March, 2026 press release), combined with historical data compilation and analysis, have resulted in the identification of priority, high-grade drill targets at the Harvey’s Reef Target (“Harvey’s Reef”) on its Havelock Gold -Antimony Project, Victoria, Australia (Figures 1 & 2).

Harvey’s Reef Target Highlights

• Part of parallel vein system west of the main Shaw-McFarlane Trend (“SMT”)
• One example of historic (1906) small-scale production from shallow workings reported 16 ounces (“oz”) gold from 11 short tons (“tons”) of vein material¹
• Historic (1985) reverse circulation (RC) drill hole returned 1.5 metres (“m”) grading 9.24 grams per tonne (“g/t”) gold from 34.5 m deep on a parallel vein to the west
• Select sample of quartz-stibnite collected during the preparation of AUGC’s independent Technical Report returned grades of 12.2 g/t gold and 1,800 ppm antimony

Marc Blythe, Au Gold Corp.’s Founder and CEO, stated, “Our highly prospective Havelock gold-antimony project has delivered its first ‘off trend’ drill target.  Through our recently completed fieldwork and historical data compilation, we are highly encouraged by the tenor of historical mineralization and potential for parallel high-grade gold vein zones at Harvey’s Reef.  The main occurrence at Harvey’s Reef does not appear to have been drill tested and results from the more recent RC drilling likely represent a shallow, parallel high-grade gold zone.  Harvey’s Reef will be added to the list of high-quality drill targets that AUGC intends to test later in 2026.”

Harvey’s Reef

Harvey’s Reef is located 1.3 kilometres (“km”) northwest of the McFarlane Shaft on the SMT and is readily accessible by two-wheel drive roads and gravel trails.  Northerly trending quartz veins occur within phyllic altered siltstones and along the footwall and/or hanging wall contacts of a local lamprophyre dyke.  Late iron carbonate quartz breccia also occurs locally, proximal to historic workings.

The main occurrence at Harvey’s Reef was discovered in 1906 and is described by Howitt (1913) as occurring “directly on the wall of a large lamprophyre dyke (up to 5 m thick) striking N. 18° W and dipping 60° to 70° W. across the strata which dip east”.  The quartz vein averages 30 centimetres (“cm”) thick and is historically documented on both the dyke hanging-wall and footwall contacts.  Gold grades of 1 oz per ton were reported from the hanging wall while greater than 1 oz per ton was reported from the footwall.  Enhanced gold grades in the footwall portions of other veins in the district are observed in modern production settings.  The main occurrence at Harvey’s Reef has only received limited exploration along strike and to shallow depths (18 m at the deepest) where the mineralization locally pinched and is described with a southerly plunge.

Exploration in the 1980’s and 1990’s identified widely spaced (200 m) anomalous gold-in-soil values which led to the drilling of three RC holes and a series of rotary air blast (RAB) holes 170 m west of the main occurrence.  The most significant result was obtained from

the RC drilling which returned 1.5 m grading 9.24 g/t gold from 34.5 m deep.  The mineralized interval was logged as silty sandstone and shale with <1% quartz.  Quartz-stibnite mineralization collected in 2025 during the Technical Report preparation and described in the 25 February, 2026 News Release (12.2 g/t gold and 0.18% antimony), roughly aligns with the potential vein trend tested by the RC drilling.

Also of note is the quartz veins and historical workings at Harvey’s Reef are situated at the headwaters of a local tributary of Four Mile Creek coincident with a section of moderate historical alluvial gold workings.

Harvey’s Reef occurs on Crown Land managed by Parks Victoria, who’s consent will be required prior to drilling, along with the consent of traditional owners Dja Dja Wurrung.

_________________________

  1. A.W. Howitt GSV Memoir No. 11, 1913

AUGC to Present at Metals Investor Forum, May 8 – 9, Vancouver

AUGC will present at the upcoming Metals Investor Forum (MIF) in Vancouver on May 8^th and 9^th.  The MIF is the preeminent retail focused investor conference for junior exploration companies.  The conference is located at the JW Marriott Parq Hotel in Vancouver and investors are invited to register and attend if they wish to meet with Company management.

Semi-Annual Reporting

AUGC has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting (“SAR”).

Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange (the “TSXV”) to voluntarily move from a quarterly to a semi-annual financial reporting framework. AUGC’s fiscal year ends on March 31. Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management’s Discussion & Analysis (MD&A) for its first and third quarters.

• Interim Period: The Company will not file an interim report for the first quarter (Q1) ending June 30 and the third quarter (Q3) ending December 31; and

• Ongoing Reporting: The Company will continue to file audited financial statements (due within 120 days of March 31) and six-month interim financial reports (due within 60 days of September 30).

AUGC confirms it meets the pilot program’s eligibility criteria, which include being a venture issuer with annual revenues of less than $10 million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

Marketing Engagement

The Company has entered into a marketing services agreement (the “Agreement”) effective April 6, 2026 with Resource Stock Digest (“RSD”) a company based out of Texas, pursuant to which, among other things, RSD has agreed to provide certain promotional services to the Company in accordance with TSXV Policy 3.4 – Investor Relations, Promotional and Market-Making Activities. RSD has been engaged for a 12-month marketing campaign for an initial cost of US $8,500, payable on signing the Agreement, and a monthly fee of US $2,450. RSD conducts interviews with the Company and produces Company-approved content that is distributed to RSD’s subscriber base and connects issuers to the investment community across North America. There are no performance factors contained in the Agreement and RSD will not receive common shares or options as compensation. Further, RSD and the Company are arm’s length and, at the time of the Agreement, RSD and its principals held a total of 800,000 common shares and 400,000 share purchase warrants of the Company.

The Agreement is subject to the approval of the TSX Venture Exchange.  RSD is owned and operated by Gerardo Del Real and Nick Hodge and its contact details are as follows: Resource Stock Digest, 2250 Double Creek Dr #5669, Round Rock, TX 78665, USA; Email: editor@resourcestockdigest.com.

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.

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

info@augoldcorp.com

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 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 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 statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

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 crew is currently on-site conducting field inspections of historical 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 easternportion 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 trend.  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 landowners, 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, the 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.”

Option grant

The Company also announces 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

info@augoldcorp.com

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 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 statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

Vancouver, British Columbia – March 11, 2026 – Au Gold Corp (TSXV: AUGC) (the “Company”) is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of a 100% interest in the 11,663 hectare Havelock Gold-Antimony Project (the “Project”) pursuant to an agreement (the “Agreement”) with Leviathan Gold Australia (“LGA”), a wholly owned subsidiary of Leviathan Metals Corp. (TSXV: LVX), dated January 12, 2026. Upon completing the Acquisition, the Company holds a 100% interest in the Project through Havelock Gold Pty. Ltd., a wholly owned Australian subsidiary of the Company.

For a 100% interest in the Project, the Company paid LGA $75,000 and 5,000,000 common shares in the capital of the Company. Please refer to the Company’s press releases dated January 15, 2026 and February 25, 2026 for further details about the Agreement and the Project.

The Acquisition is a Fundamental Acquisition under TSX Venture Exchange policies and a National Instrument 43-101 Technical Report on the Project has been prepared for the Company by an independent Qualified Person and filed on SEDAR+. No finder’s fees are payable in connection with the Acquisition.

Post-closing, the Company plans to move quickly to commence exploration on the Project.

Private Placement

The Company also announces that further to its press release dated February 5, 2026, it has closed its previously announced non-brokered private placement (the “Private Placement”) for gross proceeds of $2,000,000 through the issuance of 13,333,333 units of the Company (each, a “Unit”) at an issue price of $0.15 per Unit.

Each Unit consists of one common share in the capital of the Company (a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one Share for a period of thirty-six (36) months from the date of issuance at an exercise price of $0.30.

The Units issued pursuant to the Private Placement are subject to a four-month hold period from the closing date of the Private Placement under applicable Canadian securities laws.

The Company intends to use the net proceeds of the Private Placement primarily for general corporate purposes and exploration on the Company’s mineral exploration properties. There may be circumstances, however, where, for sound business reasons, a reallocation of funds may be necessary.

There are no finder’s fees payable in connection with the Private Placement.

Please refer to the Company’s press release dated February 5, 2026 for further details about the Private Placement.

For further information, please contact:

Au Gold Corp

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

Sandrine Lam, Investor Relations Phone: 1-604-687-3520 Ext. 250

info@augoldcorp.com

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 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 statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

Vancouver, British Columbia – February 25, 2026 – Au Gold Corp (TSXV: AUGC) (“AUGC” or the “Company”) is pleased to announce that it has filed on SEDAR+ a National Instrument 43-101 Technical Report in connection with its acquisition of a 100% interest in the 11,663 hectare Havelock Gold-Antimony Project (the “Project”), located in the heart of the Victorian gold fields in Australia, half-way between Bendigo and Ballarat.  On January 15, 2026 the Company announced that it had entered into an agreement (the “Agreement”) with Leviathan Gold Australia (“LGA”), a wholly owned subsidiary of Leviathan Metals Corp (TSX.V: LVX) to acquire (the “Acquisition”) the Project.  The Company has received conditional approval from the TSX Venture Exchange for the Acquisition and is expecting to close the transaction on or around March 4, 2026.  Please refer to the Company’s January 15, 2026 press release for further details about the Agreement and the Project.

During the preparation of the NI 43-101 Technical Report, the Qualified Person visited the project and collected seven select rock samples from various sites along the northern half of the Shaw-McFarlane Trend (SMT) and west of the trend in areas with historic workings.  Gold assays from these samples returned values ranging from below detection to 12.2 g/t gold.  One sample of milky white quartz float with disseminated stibnite and phyllically altered sediment selvages, returned 12.20 g/t gold and 0.18% antimony.  The sample location is roughly 1,300 m northwest of the McFarlane Shaft where gold-antimony was documented historically.  The Company views this as positive and is planning follow up exploration work to be carried out once the acquisition is closed.

AUGC is pleased to announce that, subject to regulatory approval, it has retained the services of David Jan Consulting (“Consultant”) to provide investor relations services at an hourly rate on a month-to-month basis. The Company anticipate monthly invoicing will be less than $3,000 and the agreement was dated February 24, 2026.  The Consultant is at arm’s length to the Company, has no relationship with the Company except under this contract, and no current interest in the Company.  The consultant will be eligible for stock options when these are granted by AUGC and these will vest in accordance with TSX Venture Exchange policies.

David Jan, CPA, CA, has over 30 years of progressively senior financial management experience with numerous natural resource public companies. For the past 18 years, he has been either an in-house or external investor relations professional helping public mining companies, including Western Coal, Nevsun Resources, Entrée Resources, Ridgeline Minerals, Element 29 Resources, and Vior Inc., tell their investment story.

In addition, the Company announces that it has entered into an agreement with Northern Venture Group Inc. (“Northern Venture”) to provide certain investor relations services to the Company including market research and digital marketing.  The agreement, which is dated 27 January, 2026 is subject to the approval of the TSX Venture Exchange.  The term of the agreement is 6 months expiring on July 31, 2026, and the Company will pay Northern Venture a monthly fee of $2,000 per month. Northern Venture is based in Prince George, and its principal is Richard Mills.  Northern Venture and its principal are arms length to the Company and own less than 2% of the issued share capital of the Company.

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.

For further information, please contact:

Au Gold Corp

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

Sandrine Lam, Investor Relations Phone: 1-604-687-3520 Ext. 250

info@augoldcorp.com

augoldcorp.com

About Au Gold

Au Gold Corp (TSX-V: 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 completion of the Acquisition.

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 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 complete the Acquisition as anticipated.

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 statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

Proceeds of the private placement will be used for general corporate purposes and exploration on the Company’s mineral exploration properties.

The Company recently announced the acquisition of the Havelock Gold-Antimony Project, located in Victoria, Australia.  Further details can be found in the January 15, 2026 press release, filed on SEDAR+ and available at AUGC’s website.

For further information, please contact:

Au Gold Corp

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

David Jan, Company Information, 1-888-807-4566

Email: info@augoldcorp.com

To learn more visit: https://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 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 completion of the private placement and receipt of TSX Venture Exchange acceptance.

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 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 complete the private placement as anticipated, that it will obtain all necessary regulatory approvals, including the acceptance of the TSX Venture Exchange.

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 statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

Highlights of Havelock:

• Shallow, undrilled epizonal and mesozonal gold +/- antimony targets
• Historical production from multiple small-scale underground workings with recorded gold grades between 1 – 10 ounces per ton¹
• Antimony reported in historic underground workings²
• History of coarse alluvial gold (nuggets) on the property³
• Excellent access with year-round exploration potential

Marc Blythe, AUGC’s President and CEO stated, “Recent success at Fosterville (Agnico Eagle), Sunday Creek (Southern Cross Gold) and Costerfield (Alkane Resources) has highlighted the potential of Victoria’s epizonal gold-antimony deposits.  At Havelock, mining in the 1880’s recovered high-grade gold-bearing quartz reef with abundant stibnite (antimony sulphide) at one of at least seven workings along a 9 km trend within the project area.  This historic mining has never been followed up with modern exploration programs or drilling.  We are very excited to start exploration, including testing high priority gold-antimony targets at Havelock”.

Epizonal gold systems, such as those mentioned above, have created high-grade gold deposits that are now a focus for modern exploration.  Significant antimony with gold in this part of Victoria is regarded as a reasonable proxy for epizonal gold mineralization⁴.

The Company has agreed to pay LGA, an arms length party, C$75,000 and issue 5 million shares of AUGC for a 100% interest in the Project.  In addition, AUGC will pay per ounce payments for future resource definition – see “Transaction Details” below. The Acquisition is subject to acceptance for filing by the TSX Venture Exchange.

About the Havelock Gold-Antimony Project

The Project is located in the heart of the Victorian goldfields near Maryborough, roughly halfway between Bendigo and Ballarat and about 1.5 hours drive from Melbourne, Australia.  Paved highways and roads, along with gravel tracks provide year-round, ready access to all areas of the Project.  Land ownership is a combination of government (Crown) land and private property.

The first discovery at the Maryborough goldfield was made on this property in 1853⁵, with nuggets and alluvial gold, which led to small scale hard rock mining.  Water pumping and processing technologies were rudimentary during this period and mining generally targeted high grades above the water table.  Two significant gold-bearing structural trends cross the property with numerous historical workings evident.  The first is the Shaw-McFarlane Trend (“SMT”), which comprises about 9 km of intermittent small scale historic workings with recorded multi-ounce per ton gold production in the late 1800’s⁶.  The SMT has had minimal modern exploration and most targets have never been drilled.

In 2010, a local landowner had a water storage dam excavated on their property (situated in the central part of the SMT) and a metal detector operator reportedly recovered 514 ounces of gold, including 23 kg of gold bearing quartz material from the excavation⁷.  Management believes the dam excavation intersected the top of a gold-bearing quartz vein (reef) that has never been explored historically or drill tested (see Figure 1).  The samples shown in Figure 1 were obtained from the dam spoil material, located at 5,904,195 N, 746,275 E (GDA94 Zone 54).  Samples were identified as gold-bearing, first by metal detector response and then visually.  Individual sample weights varied between 0.238 g and 3.07 g.

The reader is cautioned that the sample selection process described above is designed to identify high-grade samples which may not be representative.  The disclosure is included because these samples will be used as a vector to guide future exploration activities specifically at the dam target.

The gold-bearing samples were delivered to On Site Laboratory Services, located in Bendigo, Victoria by LGA.  On Site Laboratory Services is a NATA accredited laboratory, certified as compliant with ISO/IEC 17025 (2017) – Testing.  Samples were assayed using fire assay with gravimetric finish (Code PE01S).  Results were reported as parts per million and subsequently converted to percent gold content.  LGA did not report QA/QC protocols and no blanks or standards were added to the sample stream by LGA.  On Site Laboratory Services added one standard and one blank to the sample batch and these samples returned values within industry accepted standard deviations.  There is no relationship between On Site Laboratory Services and the Company.

The second structural trend is the Leviathan-Mariner’s Trend (“LMT”), which covers 3 km of historic workings.  In 2021, Leviathan completed an 8-hole diamond drill program along a 270 m portion of the LMT targets.  The drill program returned significant results from 4 of the 8 drillholes, justifying further work.

Table 1 Leviathan 2021 Drill Highlights

Historic underground mining reached a maximum depth of 500 feet (152 m) on the SMT and 900 feet (274 m) on the LMT, limited by mining techniques and the presence of ground water.  Mesozonal and epizonal gold systems are known to have depth extents of more than 1,000 m at other locations in Victoria, highlighting the potential below these historic workings.

Epizonal gold systems are believed to have formed in the Late Devonian, specifically between 380 – 370 Ma.  A dyke at Bristol Hill Mine (Maryborough), about 10 km south of Havelock was dated at 370 Ma, while a granite 10 km northwest of Havelock was dated at 391 Ma +/- 8, indicating that Late Devonian intrusions potentially exist on or near the property.

LGA previously referred to the Project as the Timor property.

The Dja Dja Wurrung Aboriginal people are the traditional owners of the land on which the Project is located.  A Land Use Activity Agreement is in place for the project, providing clarity for both the Dja Dja Wurrung and the project operator.

The Company advises that there are no current Mineral Resources on the Project and cautions that despite the documented historic production, there is no certainty that exploration will result in mineral resources being estimated.

_____________________________

[1] 1885-Q4, The Gold-Fields of Victoria, Reports of the Mining Registrars, Department of Mines, Victoria.

[2] Whitelaw, H.S., 1899, Notes on Antimony ores in Victoria, G1643.

[3] Dunn, E.J., 1912 List of Nuggets Found in Victoria, Geological Survey of Victoria Memoir 12.

[4] Moore, D.H., 2007, Gold Undercover – Classifying gold bearing deposits in central and western Victoria, Australia, Department of Primary Industries, Victoria.

[5] https://collections.museumsvictoria.com.au/articles/2298

[6] Howitt, A.M., 1913, The Maryborough Gold-Field, Geological Survey of Victoria Memoir 11.

[7] Whitehouse, K., 2021, Personal communication.

Transaction Details

For a 100% interest in the Project, AUGC has agreed to pay LGA:

• 5 million AUGC common shares
• $10,000 (CAD) on signing of the Agreement
• $65,000 (CAD) on TSX Venture Exchange acceptance for filing

In addition, AUGC will pay LGA $3 per ounce discovered (measured, indicated or inferred category).  AUGC also agrees to honour an agreement between LGA and Mercator Gold Australia (“Mercator”) who vended the project to LGA.  Under this agreement, a payment of A$1 per ounce discovered (measured, indicated or inferred) and A$1 per ounce produced shall be paid to Mercator.  Payments to Mercator are capped at A$1 million for ounces discovered and A$1 million for ounces produced.

AUGC has incorporated a wholly owned Australian subsidiary, Havelock Gold Pty Ltd to hold the project. No finders fees are payable in connection with this transaction.

The Company will also replace a A$10,000 environmental bond which is already in place by LGA.

Post-closing, the Company plans to move quickly to commence exploration on the project.

The Transaction is a Fundamental Acquisition under TSX Venture Exchange policies and a National Instrument 43-101 Technical Report on the Project is being prepared for AUGC by an independent Qualified Person.  The Technical Report will be filed on SEDAR+ once it has been reviewed and accepted by the TSX Venture Exchange.

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.

Following completion of the transaction, LGA will beneficially own and control 5,000,000 Common Shares, representing 11.16 % of the issued and outstanding Common Shares of the Company on a non-diluted basis.

This press release and LGA’s corresponding early warning report (the “Early Warning Report”) which is expected to be filed on SEDAR+ in the near term, constitutes the required disclosure pursuant to section 5.2 of National Instrument 62-104.  Take-Over Bids and Issuer Bids (“NI 62-104”).  The securities acquired by LGA are for investment purposes. LGA has no current intention to enter into any of the transactions listed in clauses (a) to (k) of item 5 of Form 62-103F1 of National Instrument 62-103.  The Early Warning System and Related Take-over Bid and Insider Reporting Issues (“NI 62-103”), but in the future LGA may acquire or dispose of securities of the Company depending on market conditions, reformulation of plans and/or other relevant factors, in each case in accordance with applicable securities laws.

The Early Warning Report that will be filed on SEDAR+ will satisfy the requirement of section 5.2 of NI 62-104 to have the Early Warning Report filed by an acquiror, in this case by LGA, with the securities regulatory authorities in each of the jurisdictions in which the Company is a reporting issuer and which contains the information required by section 3.1 of NI 62-103, which includes the information required by Form 62-103F1.

A copy of the Early Warning Report filed by LGA in connection with the Offering will be available under the Company’s profile on the SEDAR+ website at www.sedarplus.ca.

For further information, please contact:

Au Gold Corp

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

Sandrine Lam, Investor Relations Phone: 1-604-687-3520 Ext. 250

info@augoldcorp.com

augoldcorp.com 

About Au Gold

Au Gold Corp (TSX-V: 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 completion of the Acquisition, receipt of TSX Venture Exchange acceptance, future exploration activities including drilling on the Project, and the preparation and filing of a National Instrument 43-101 Technical Report.

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 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 complete the Acquisition as anticipated, that it will obtain all necessary regulatory approvals, including the acceptance of the TSX Venture Exchange and 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 statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbour.

The Company raised $300,000 from the sale of 6 million units priced at $0.05 each. Each unit comprises one share and one whole $0.10 warrant valid for two years.  All securities issued are subject to a four month hold period expiring on February 2, 2026.

Finder’s fees of $3,325 were paid to eligible parties.

Two directors of the Company purchased or acquired direction and control over a total of 950,000 units under the private placement.  The placement to those persons constitutes a “related party transaction” within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 –Protection of Minority Security Holders in Special Transactions (“MI 61-101”) adopted in the Policy. The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involved the related parties, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101).

The funds raised will be used for general corporate purposes and advancing mineral exploration on the Company’s properties.

For further information, please contact:

Au Gold Corp

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

Sandrine Lam, Investor Relations Phone: 1-604-687-3520 Ext. 250

Email: info@augoldcorp.com

To learn more visit: https://augoldcorp.com

Cautionary Note

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY’S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.

The Company is very pleased with the response to the placement and thanks new and existing shareholders for their support.

The closing of the private placement is expected to occur soon and is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.  The securities issued with respect to the private placement will be subject to a hold period of four months and one day in accordance with applicable securities laws.

For further information, please contact:

Au Gold Corp

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

Sandrine Lam, Investor Relations Phone: 1-604-687-3520 Ext. 250

Email: info@augoldcorp.com

To learn more visit: https://augoldcorp.com

Cautionary Note

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY’S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.