Mr. Peter Gianulis reports

A2GOLD COMMENCES DRILLING AT TAYLOR SILVER-GOLD PROJECT IN NEVADA

A2 Gold Corp. has commenced drilling at its Taylor silver-gold project, located in White Pine county, Nevada.

The commencement of drilling at Taylor represents an important milestone for A2 Gold following the company's recently completed acquisition of the project and the consolidation of key internal claims within the district. Taylor is now held as a unified district-scale land package under a single operator, providing A2 Gold with enhanced flexibility to systematically explore and advance the project.

The initial Taylor drill program consisting of 16 to 18 reverse circulation (RC) holes for a total of 5,000 metres is designed to advance three principal objectives:

1. Expand the existing historical silver resource: Drilling will focus on areas within and adjacent to the existing historical silver resource footprint, with the objective of confirming and expanding known silver mineralization along strike and at depth. The company intends to use results from this program to support the preparation of an updated National Instrument 43-101 mineral resource estimate.
2. Evaluate near-surface gold mineralization: Taylor hosts significant oxide gold exploration potential across a large district-scale corridor. Prior exploration has identified a three-kilometre-by-10-kilometre anomalous gold corridor, with surface sampling and historical drilling indicating potential for near-surface oxide gold mineralization. Gold was not included in the historical 2018 silver resource estimate and A2 Gold believes there is an important opportunity to evaluate the potential contribution of gold mineralization to the broader Taylor system.
3. Test priority gold-antimony and CRD (carbonate replacement deposit) targets: The program will also begin testing priority gold-antimony targets identified through historical work, surface sampling, geological mapping and modern geophysical surveys. These targets are considered important to evaluating Taylor's potential as a precious metals project with meaningful critical mineral upside. The broader district also includes CRD, skarn and porphyry exploration concepts that remain largely untested by modern drilling.

Peter Gianulis, chief executive officer of A2 Gold, commented: "The start of drilling at Taylor is an important moment for A2 Gold. In a short period of time, we have acquired the Taylor project, consolidated the district under one operator and now moved directly into drilling. Taylor gives us a second district-scale Nevada project with an existing historical silver resource, meaningful gold potential and an emerging antimony opportunity at a time when critical minerals are becoming increasingly important in the United States. We believe Taylor has the potential to become an important Nevada silver-gold project with multiple avenues for discovery and resource growth."

Qualified person

John Marma, CPG, a certified professional geologist with the American Institute of Professional Geologists and a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this news release.

About A2 Gold Corp

A2 Gold has built a multiasset gold-silver exploration platform in Nevada, one of the world's premier mining jurisdictions. The company controls approximately 230 square kilometres of prospective mineral tenure across its Eastside and Taylor projects, both district-scale assets with large precious metals resources with significant exploration and resource growth potential.

Eastside hosts an inferred mineral resource of 1.4 million ounces of gold and 8.8 million ounces of silver*, while Taylor adds a highly prospective exploration district with gold, silver, antimony and porphyry-skarn upside. Backed by a fully financed exploration program and a strong pipeline of catalysts, A2 Gold is focused on unlocking value through resource expansion, new discoveries and systematic district-scale exploration.

A2 Gold is also supported by a strong shareholder base, including Kinross Gold Corp., which owns approximately 9.9 per cent of the company's issued and outstanding shares.

* Updated resource estimate and NI 43-101 technical report, "Eastside and Castle Gold-Silver Project Technical Report, Esmeralda County, Nevada," prepared by Mine Development Associates, of Reno, Nev., with an effective date of July 30, 2021. Pit-constrained inferred resources, using a cut-off grade of 0.15 gram per tonne (g/t) gold (Au), total 61.73 million tonnes grading 0.55 g/t Au and 4.4 g/t silver (Ag) at the original pit zone, representing 1.9 million ounces of gold and 8.7 million ounces of silver, and 19,986,000 tonnes grading 0.49 g/t Au at the Castle area, representing 314,000 ounces of gold, using a gold price of $1,725 (U.S.) per ounce. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves.

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