Northwire Canada EditionMonday, November 9, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,118.20 +1.1% Silver 52.63 +1.3% Copper 6.35 +1.8% Oil 87.64 −3.5% Palladium 1,020.00 +0.3% PX 0.140 −3.5% IVS 0.250 +2.0% SCD 0.150 +3.5% UCU 2.31 +7.9% KAPA 0.105 +0.0% AFM 1.28 +5.3% BONE 0.035 −12.5% EM 4.30 +0.0% BKM 4.05 +1.2% SGO 0.175 +16.7% BNKR 2.73 +4.2% TECT 1.68 +10.5% MKA 0.650 +0.0% BEX 0.070 +0.0% RTH 0.035 +0.0% GBU 0.085 +13.3% Gold 4,118.20 +1.1% Silver 52.63 +1.3% Copper 6.35 +1.8% Oil 87.64 −3.5% Palladium 1,020.00 +0.3% PX 0.140 −3.5% IVS 0.250 +2.0% SCD 0.150 +3.5% UCU 2.31 +7.9% KAPA 0.105 +0.0% AFM 1.28 +5.3% BONE 0.035 −12.5% EM 4.30 +0.0% BKM 4.05 +1.2% SGO 0.175 +16.7% BNKR 2.73 +4.2% TECT 1.68 +10.5% MKA 0.650 +0.0% BEX 0.070 +0.0% RTH 0.035 +0.0% GBU 0.085 +13.3%
Drill Results

Au Gold Corp Commences Exploration at its Havelock Gold-Antimony Project, Victoria, Australia

Au Gold pivots to Australian high-grade gold-antimony as it secures fresh capital for Victorian exploration

By The Northwire Desk — AI Analysis Mar 23, 2026 · 07:30 AUGC · 0.2 AU Gold Corp.
Executive Summary

The most recent news (March 23, 2026) announces the commencement of field exploration at the newly acquired Havelock Gold-Antimony Project in Victoria, Australia. This follows the formal closing of the acquisition from Leviathan Gold Australia on March 11, 2026, and the concurrent closing of a $2 million private placement. Current work includes mapping and rock chip sampling along the Shaw-McFarlane and Oxonian Trends. Early sampling has confirmed high-grade potential with results up to 26.3 g/t gold. Management has signaled an intent to begin diamond drilling in H2 2026.

Material Impact

The news is categorized as Routine - Positive because it represents the expected execution of the strategy outlined during the January acquisition announcement. While the commencement of work is a necessary step, it is incremental. - Strategic Pivot: The company has successfully shifted its primary focus from the Ponderosa property in B.C. to the Victorian goldfields, a region currently seeing high market interest due to successes by peers like Southern Cross Gold. - Funding Secured: The $2 million raise is material for a micro-cap, providing the necessary runway to move from surface work to drilling. - High-Grade Confirmation: Rock chip samples (up to 26.3 g/t Au) validate the presence of high-grade mineralization, though these are selective surface samples and not indicative of bulk tonnage or continuity.

AUGC · Price
Company Overview

Au Gold Corp is a junior explorer focused on high-grade gold and critical metals. - Flagship Project: Havelock Gold-Antimony Project (Victoria, Australia). - Project Details: Covers 11,663 hectares. Features historical high-grade production from the 1880s that has seen almost no modern drilling. Key structures include the Shaw-McFarlane and Leviathan-Mariner’s Trends. - Secondary Project: Ponderosa Property (B.C., Canada), currently secondary to the Australian efforts.

Read the original news release →

More from AU Gold Corp.

Nov 05, 2026 · 07:31

AU commits to drilling at the Havelock project following high-grade grab samples that indicate significant mineralisation potential.

Drill Results Oct 27, 2026 · 07:30

AU uses AI validation to refine Havelock targeting ahead of Q4 drilling.

M&A / Property Oct 02, 2026 · 07:30

Au raised $3.5m via an oversubscribed placement to expand the 5,000m drill program at the Havelock project.

Financings Sep 29, 2026 · 16:30

Au expands its Havelock drill program by 150% with $2m in discounted financing.

Financings Sep 21, 2026 · 07:30

Grab samples up to 54.20 g/t Au confirm high-grade potential beneath Havelock workings at AU.

Drill Results Sep 16, 2026 · 07:30

Au selects drill targets at Havelock but awaits landowner access to commence the exploration program.

Drill Results