Mr. Marc Blythe reports

AU GOLD CORP FILES NI 43-101 TECHNICAL REPORT IN CONNECTION WITH ACQUISITION OF HAVELOCK GOLD-ANTIMONY PROJECT IN THE HEART OF THE VICTORIAN GOLD FIELDS, AUSTRALIA

Au Gold Corp. has filed on SEDAR+ a National Instrument 43-101 technical report in connection with its acquisition of a 100-per-cent interest in the 11,663-hectare Havelock gold-antimony project, located in the heart of the Victorian goldfields in Australia, halfway between Bendigo and Ballarat. On Jan. 15, 2026, the company announced that it had entered into an agreement with Leviathan Gold Australia, a wholly owned subsidiary of Leviathan Metals Corp. to acquire 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 Jan. 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 and west of the trend in areas with historic workings. Gold assays from these samples returned values ranging from below detection to 12.2 grams per tonne 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 per cent antimony. The sample location is roughly 1,300 metres 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.

Au Gold is pleased to announce that, subject to regulatory approval, it has retained the services of David Jan Consulting to provide investor relations services at an hourly rate on a month-to-month basis. The company anticipates monthly invoicing will be less than $3,000 and the agreement was dated Feb. 24, 2026. The consultant is at arm's length to the company, and 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 Au Gold, 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, Entree 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. to provide certain investor relations services to the company, including market research and digital marketing. The agreement, which is dated Jan. 27, 2026, is subject to the approval of the TSX Venture Exchange. The term of the agreement is six 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 arm's length to the company and own less than 2 per cent of the issued share capital of the company.

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

About Au Gold Corp.

Au Gold is a gold exploration company focused on advancing its flagship Havelock gold-antimony project in the Victorian goldfields in Australia and the Ponderosa gold project in the Spences Bridge gold belt in British Columbia, Canada.

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