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DRILLING WILL TEST MULTIPLE HIGH PRIORITY TARGETS INCLUDING CONTINUITY OF MINERALIZATION BETWEEN THE MCINTOSH AND CASTLE DEPOSITS
A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce the commencement of its fully funded 30,000-metre reverse circulation ("RC") drill program at its flagship Eastside Gold Project, located in Nevada, USA.
The drill program represents a significant expansion from the Company's previously announced 18,000-metre program and is designed to systematically advance and grow the existing resources while testing multiple high-priority targets across the broader Eastside land package. Drilling is expected to continue throughout the year, subject to results and operational conditions.
The 2026 drill campaign will focus on step-out and infill drilling in areas of known mineralization, as well as exploration drilling aimed at testing new targets generated through geological mapping, geophysics, and recent reinterpretation of historical data. The expanded program reflects A2 Gold's strong technical conviction in the Eastside project and the Company's robust financial position.
Peter Gianulis, CEO of A2Gold, commented: "The start of this 30,000-metre drill program marks an important milestone for A2 Gold and underscores our commitment to aggressively advance Eastside. With a strong balance sheet and the program fully funded, we expect to be drilling consistently throughout the year. Our objective is clear: to continue expanding and upgrading the resource while unlocking the broader exploration potential of this highly prospective district-scale asset."
The drill program is being overseen by A2 Gold's technical team and will be executed using multiple RC rigs to ensure steady progress and efficient delivery of results. Assay results will be released as they are received, analyzed, and validated.
QUALIFIED PERSON
John Marma is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and is the Qualified Person under NI 43-101, Standards of Disclosure for Mineral Projects, who has reviewed and approved the scientific and technical content of this press release.
ABOUT EASTSIDE
The Eastside Gold-Silver Project is located in Esmeralda County, Nevada, approximately 20+ miles northwest of Tonopah, within the prolific Walker Lane Trend. The project hosts a current inferred resource of 1.4 million ounces of gold and 8.8 million ounces of silver, with mineralization open in all directions. Eastside covers a 92 km² land package that includes multiple high-priority zones such as McIntosh, Castle, and other exploration targets yet to be named.
*Source: "Updated Resource Estimate and NI 43-101 Technical Report, Eastside and Castle Gold-Silver Project Technical Report, Esmeralda County, Nevada" conducted by Mine Development Associates of Reno, Nevada, with an effective date of July 30, 2021. Pit-constrained Inferred Resources (cut-off grade of 0.15 g/t Au) of 61,730,000 tonnes grading 0.55 g/t Au and 4.4 g/t Ag at the Original Pit Zone (1,090,000 ounces gold and 8,700,000 ounces silver) and 19,986,000 tonnes grading 0.49 g/t Au at the Castle Area (314,000 ounces gold) with a gold price of $1,725/ounce. A copy of the Eastside Technical Report can be found on SEDAR at www.sedar.com.
ABOUT A2GOLD CORP
A2Gold Corp. owns three highly prospective gold projects in the United States all of which are in the mining-friendly jurisdiction of Nevada. A2Gold's flagship, district-scale Eastside Gold-Silver Project hosts a large and expanding gold and silver resource and is in an area of excellent infrastructure. Preliminary metallurgical testing indicates that both oxide and sulphide gold mineralization at Eastside is amenable to heap leaching.
ON BEHALF OF THE BOARD
Peter Gianulis, CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which are referred to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. A2Gold Corp.'s ("A2Gold") exploration plans for its gold exploration properties, the drill program at A2Gold's Eastside project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside project, A2Gold's future exploration and development plans, including anticipated costs and timing thereof; A2Gold's plans for growth through exploration activities, acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled "Risk Factors" in A2Gold's Listing Application, dated January 24, 2018, as filed with the TSX Venture Exchange and available on SEDAR under A2Gold's profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. A2Gold undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
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SOURCE A2 Gold Corp
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