Mr. Marc Blythe reports

AU GOLD CORP COMMENCES EXPLORATION AT ITS HAVELOCK GOLD-ANTIMONY PROJECT, VICTORIA, AUSTRALIA

Au Gold Corp. has commenced exploration on its recently acquired Havelock gold-antimony project, located in central Victoria, Australia.

Au Gold'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 Jan. 15, 2026, news release) and a new trend along the eastern portion 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 three-kilometre of the trend. Samples ranged from below detection limit to 26.3 grams per tonne gold.

The company is also introducing itself to the community and to private landowners, an important first step toward building a strong working relationship with local interests.

Marc Blythe, founder and chief executive officer 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, advisers 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 20 cents. Options granted to investor relations personnel will vest in four equal tranches over 12 months while the rest vests immediately.

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.

We seek Safe Harbor.