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Vancouver, British Columbia – February 25, 2026 - TheNewswire – 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.

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Figure 1 Havelock Project Detail Map

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