Northwire Canada EditionSunday, November 8, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Au Gold Corp Rebuilding Historic Mining Database at its Havelock Gold-Antimony Project in Victoria, Australia

Au Gold Corp Rebuilds Historic Data to Fuel Havelock Drilling Program

By The Northwire Desk — AI Analysis Apr 22, 2026 · 07:30 AUGC · 0.22 AU Gold Corp.
Executive Summary
  • Au Gold Corp has engaged Clive Willman & Associates to reconstruct historic mining activity on the Shaw – McFarlane line of workings at the Havelock Gold-Antimony project.
  • The reconstruction aims to generate cross-sections, long sections, and 3D representations from microfilm, archived newspapers, and company records.
  • Findings will guide the upcoming drilling program on targets identified as historically productive along the Shaw – McFarlane Trend (SMT).
  • Marketing agreement amended with Resource Stock Digest (RSD) to a quarterly fee of US$10,000 for 12 months.
  • CEO Marc Blythe notes portions of the SMT have been farmed, hiding geological evidence, necessitating detailed historic records to establish extent of workings.
Material Impact
  • The news represents incremental progress rather than a material shift in valuation drivers.
  • It confirms execution on the exploration plan announced in March 2026 (commencement of field work) and validates the timeline for drilling planned for H2 2026.
  • No new high-grade intercepts or resource estimates are disclosed; this is preparatory engineering work.
  • The market has already priced in the acquisition ($0.15 placement price vs current $0.22) and the intent to drill.
  • This announcement mitigates execution risk by ensuring drilling targets are well-defined before capital expenditure on rigs, but does not immediately alter the investment thesis regarding potential ore grades.
AUGC · Price
Company Overview
  • Flagship Project: Havelock Gold-Antimony Project (11,663 hectares).
  • Location: Victoria, Australia (Maryborough Goldfield), between Bendigo and Ballarat.
  • Status: Exploration stage; historic underground workings exist but no modern drilling on the Shaw-McFarlane Trend prior to 2026 program.
  • Analogue Targets: Fosterville, Sunday Creek, Costerfield (epizonal gold-antimony systems).
  • Historic Production: Recorded grades of 1–10 oz/ton gold; antimony present in historic veins.
  • Exploration Focus: Testing high priority gold-antimony targets on undrilled epizonal/mesozonal structures.
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