Mike Fagan,
Editor
March 27, 2026
Au Gold Corp. (TSX-V: AUGC), currently trading around C$0.20 per share in a resilient gold market, has commenced exploration at its newly acquired flagship Havelock gold-antimony project in central Victoria, Australia — marking the start of what could be a pivotal first modern exploration program across the 11,000+ hectare property.
The program marks AUGC’s first on-the-ground work at Havelock following the acquisition of the district-scale, underexplored property earlier this month.
The current focus is on validating historical workings, mapping key structures, and advancing multiple high-priority targets toward drill readiness across two major structural corridors: the Shaw-McFarlane Trend and the Oxonian Trend.
Along the Oxonian Trend, historical sampling has returned values up to 26.3 grams per tonne gold over 3 km of strike, pointing to high-grade mineralization across a largely untested system with multiple drill-ready targets.
Current activities include detailed mapping, rock chip sampling, and follow-up on historical anomalies, alongside early-stage community engagement and land access initiatives — all foundational steps as AUGC advances toward a maiden drill program in 2H 2026.
Au Gold Corp. CEO Marc Blythe — whom you’ll hear from next in our exclusive interview — commented on the advancement toward Phase-1 drilling at Havelock:
“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. 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.”
The Havelock project represents a large, underexplored land package totaling over 110 sq km (11,000+ ha) in the heart of the Victorian Goldfields — a region with a long history of high-grade gold production.
Across the broader district, multiple shallow underground workings historically produced bonanza-grade gold with reported grades ranging from 1 to 10 ounces per ton.
Importantly, much of the historical production at Havelock was limited to shallow, small-scale underground workings dating back to the late 1800s with minimal penetration at depth and no systematic modern exploration.
As a result, many of the key structural zones remain untested, leaving significant portions of the system effectively untouched, particularly at depth.
Geologically, Havelock hosts gold mineralization associated with antimony, a key pathfinder element increasingly recognized as an indicator of high-grade epizonal mineralization — a characteristic commonly associated with some of the most significant gold systems in the district.
In fact, the Havelock property boasts more than 10 km of combined mineralized trends across a district-scale system hosting numerous undrilled targets, including areas where coarse gold has been recovered near surface and where historical mining encountered both gold-bearing quartz reefs and stibnite mineralization.
Notably, the project sits within the same broader gold belt as the famed Fosterville and Costerfield mines and the high-grade Sunday Creek project in central Victoria — a region that has seen renewed exploration success and growing industry attention targeting epizonal gold-antimony systems in recent years.
With exploration underway and a recently completed C$2 million financing in place, AUGC is advancing toward Phase-1 drilling at Havelock in 2H 2026 — a key catalyst that could begin unlocking the project’s high-grade discovery potential in one of the world’s most prolific gold districts.
As promised, our own Gerardo Del Real of Junior Resource Monthly caught up with Au Gold Corp. CEO Marc Blythe to discuss the company’s newly acquired Havelock gold-antimony project, its historical roots, and the strategy behind advancing it toward a maiden drill program. Please enjoy!
For additional information on Vancouver-based Au Gold Corp., please contact the company’s IR department at 888-807-4566 or via email at info@augoldcorp.com.
Visit the Au Gold corporate website and sign up to receive updates from the company here. View the most recent Investor Presentation here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Au Gold Corp.
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