# Au Gold Corp Enters Agreement to Acquire Havelock Gold-Antimony Project in the Heart of the Victorian Gold Fields, Australia

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/au-gold-corp-enters-agreement-to-acquire-havelock-gold-antimony-project-in-the-h--0b38b042-5946-401e-a6ba-601777cc3cf9

Original source: https://money.tmx.com/en/quote/AUGC/news/5588437696843741/au-gold-corp-enters-agreement-to-acquire-havelock-gold-antimony-project-in-the-h

Publisher: tmx

Original announcement: 2026-01-15T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Au Gold Corp

- Ticker: AUGC

- Exchange: TSX

- Region: Victoria, Australia

- Primary commodity: Gold

- Secondary commodities: Antimony

- Document categories: Drill results, Agreement transaction

- Extracted: 2026-09-17 11:20:45 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Au Gold Corp \(AUGC\) has entered an agreement to acquire a 100% interest in the Havelock Gold-Antimony Project in Victoria, Australia, from Leviathan Gold Australia. The transaction involves a C$75,000 payment and 5 million shares, plus per-ounce payments for future resource discovery. The project features historic high-grade gold and antimony targets with recent 2021 drill results showing significant intercepts.

Reasoning: The company is acquiring a project with significant historical high-grade potential and recent drill success, though it remains in the early exploration stage with no formal resource.

- Positive factor: Acquisition of 100% interest in a project with historic high-grade production

- Positive factor: Presence of both gold and antimony targets

- Positive factor: Significant historical nugget/alluvial gold evidence

- Positive factor: Recent drill results from 2021 show high-grade intercepts

- Negative factor: No current mineral resources exist on the project

- Negative factor: Historical production data is from small-scale, rudimentary workings

Facts used in scoring: 6

## Classification and evidence

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project is located in the Victorian gold fields with proximity to known successful deposits like Fosterville.

Evidence · text

> Recent success at Fosterville \(Agnico Eagle\), Sunday Creek \(Southern Cross Gold\) and Costerfield \(Alkane Resources\) has highlighted the potential of Victoria’s epizonal gold-antimony deposits.

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The 56.40 g/t gold intercept in hole 21LEV002 is exceptionally high grade.

Evidence · table

> 56.40

Context: 1.11

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions the use of a NATA accredited laboratory and the addition of standards and blanks.

Evidence · text

> On Site Laboratory Services added one standard and one blank to the sample batch and these samples returned values within industry accepted standard deviations.

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### 21LEV002

[Link to this fact](https://atlas-extractions.minestarters.com/news/au-gold-corp-enters-agreement-to-acquire-havelock-gold-antimony-project-in-the-h--0b38b042-5946-401e-a6ba-601777cc3cf9#fact-drill-facts-1)

Havelock Gold-Antimony · gold

#### Identity

- Hole ID: 21LEV002
- Project: Havelock Gold-Antimony
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: AUGC

#### Geometry

- Grade: 3.06
- Grade Unit: g/t
- Intercept: 7.1 m
- From: 232.05 m
- To: 239.15 m
- Hole Depth: 152 m
- Intercept Depth: 232.05 m

#### Classification

- Sample Type: drill
- Group ID: 21LEV002:232.05-239.15

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-15T00:00:00.000Z

Reasoning: Strong gold intercept in a historical drill program.

- Positive factor: High grade intercept

Evidence · table

> 3.06

Context: 7.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### 21LEV002

[Link to this fact](https://atlas-extractions.minestarters.com/news/au-gold-corp-enters-agreement-to-acquire-havelock-gold-antimony-project-in-the-h--0b38b042-5946-401e-a6ba-601777cc3cf9#fact-drill-facts-2)

Havelock Gold-Antimony · gold

#### Identity

- Hole ID: 21LEV002
- Project: Havelock Gold-Antimony
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: AUGC

#### Geometry

- Grade: 56.4
- Grade Unit: g/t
- Intercept: 1.11 m
- From: 242.4 m
- To: 243.51 m
- Hole Depth: 152 m
- Intercept Depth: 242.4 m

#### Classification

- Sample Type: drill
- Group ID: 21LEV002:242.4-243.51

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-15T00:00:00.000Z

Reasoning: Exceptional gold grade intercept.

- Positive factor: Bonanza grade

Evidence · table

> 56.40

Context: 1.11

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### 21LEV004

[Link to this fact](https://atlas-extractions.minestarters.com/news/au-gold-corp-enters-agreement-to-acquire-havelock-gold-antimony-project-in-the-h--0b38b042-5946-401e-a6ba-601777cc3cf9#fact-drill-facts-3)

Havelock Gold-Antimony · gold

#### Identity

- Hole ID: 21LEV004
- Project: Havelock Gold-Antimony
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: AUGC

#### Geometry

- Grade: 4.75
- Grade Unit: g/t
- Intercept: 4.2 m
- From: 241 m
- To: 245.2 m
- Hole Depth: 152 m
- Intercept Depth: 241 m

#### Classification

- Sample Type: drill
- Group ID: 21LEV004:241-245.2

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-15T00:00:00.000Z

Reasoning: Moderate gold intercept.

Evidence · table

> 4.75

Context: 4.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### 21LEV005

[Link to this fact](https://atlas-extractions.minestarters.com/news/au-gold-corp-enters-agreement-to-acquire-havelock-gold-antimony-project-in-the-h--0b38b042-5946-401e-a6ba-601777cc3cf9#fact-drill-facts-4)

Havelock Gold-Antimony · gold

#### Identity

- Hole ID: 21LEV005
- Project: Havelock Gold-Antimony
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: AUGC

#### Geometry

- Grade: 18.86
- Grade Unit: g/t
- Intercept: 2.77 m
- From: 335.13 m
- To: 337.9 m
- Hole Depth: 152 m
- Intercept Depth: 335.13 m

#### Classification

- Sample Type: drill
- Group ID: 21LEV005:335.13-337.9

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-15T00:00:00.000Z

Reasoning: High grade intercept.

- Positive factor: Strong gold intercept

Evidence · table

> 18.86

Context: 2.77

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### 21LEV006

[Link to this fact](https://atlas-extractions.minestarters.com/news/au-gold-corp-enters-agreement-to-acquire-havelock-gold-antimony-project-in-the-h--0b38b042-5946-401e-a6ba-601777cc3cf9#fact-drill-facts-5)

Havelock Gold-Antimony · gold

#### Identity

- Hole ID: 21LEV006
- Project: Havelock Gold-Antimony
- Commodity: gold
- Region: australia\_vic
- Reported Region: australia\_vic
- Ticker: AUGC

#### Geometry

- Grade: 6.91
- Grade Unit: g/t
- Intercept: 3.24 m
- From: 224.5 m
- To: 227.74 m
- Hole Depth: 152 m
- Intercept Depth: 224.5 m

#### Classification

- Sample Type: drill
- Group ID: 21LEV006:224.5-227.74

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-15T00:00:00.000Z

Reasoning: Moderate gold intercept.

Evidence · table

> 6.91

Context: 3.24

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
