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home / news releases / AUAU:CC - A2Gold Completes Comprehensive Geophysics Program and Advances on Core Drilling at Eastside Project


AUAU:CC - A2Gold Completes Comprehensive Geophysics Program and Advances on Core Drilling at Eastside Project

(TheNewswire)

Data Analysis Underway to RefineTargets for Upcoming

18,000-Metre RC Drill Program

Tonopah, Nevada / October 1, 2025 – TheNewswire - A2Gold Corp. (“A2Gold” or the“Company”) (AUAU: TSX-V) (AUXXF: OTCQX) ispleased to announce that it has successfully completed in its entiretythe two-phase geophysics program at its flagship Eastside Gold-SilverProject, located in the Walker Lane Trend near the town of Tonopah,Nevada. The program included a property-wide gravity survey, as wellas a high-resolution airborne magnetic and radiometric survey.

The Company hired Mr. Chet Lide, GeophysicalConsultant, for the planning of the program and has hired James Wrightfrom J.L. Wright Geophysics for the geophysical interpretation andreport.  Results are expected to be finalized in the coming weeks andwill be used to define and prioritize targets for the Company’sfully funded 18,000-metre reverse circulation (RC) drill programscheduled to commence later this year.

Peter Gianulis, CEO,commented , "The completion of our geophysicsprogram marks a key milestone for A2Gold, delivering comprehensivedatasets that will guide hole selection for our upcoming 18,000-metreRC drill program - one of the largest exploration campaigns everundertaken at Eastside.”

At the same time, our ongoing coredrill program at McIntosh is already testing the vertical andstructural extensions of some of the highest-grade intercepts everdrilled at Eastside. With data from both programs, we are wellpositioned to advance Eastside into a leading gold-silver project inNevada.”

PROGRAM HIGHLIGHTS

• Gravity Survey: Completed in September with 800stations on a 300-metre grid, designed to map pre-Tertiary basementstructures that may control dome emplacement andmineralization.

• Airborne Magnetic and Radiometric Survey: Coveredapproximately 66.9 km² at 50-metre line spacing for a total of 1,469line-km of data. Designed to extend coverage southward from a previousdrone survey, this high-resolution survey highlights both structuraland alteration features associated with mineralization.

Objective: Enhance the Eastside property-wide geologic and structural model andsupport drill targeting across multiple zones, including McIntosh andCastle.

CORE DRILL PROGRAM UPDATE

In parallel with the geophysics program, A2Gold hascommenced a 2,000-metre diamond core drill program testing theHigh-Grade Zone at McIntosh.

• The first hole (ES-331) has been completed reachinga vertical depth of approximately 530 metres designed to test thevertical extensions of the bonanza-grade mineralization encountered in2021 drilling.

• The second hole (ES-337) is nearly complete and isdesigned to intersect multiple structural orientations and to test other known gold mineralized structures atgreater depths that previously drilled

• The third hole (ES-338) will be drilled at an angleto specifically test various feeder structures and to maximize thepotential of intercepting additional high-grade zones at depth.

Results from the first hole of this program areexpected within the next 2-4 weeks.

A2GOLD PARTNERS WITH THE INVESTINGAUTHORITY

A2Gold has entered into an agreement (the “TIAAgreement”) with The Investing Authority (“TIA”), a marketingfirm specializing in investor relations and multi-platform socialmedia campaigns.


TIA will provide investor relations and marketing services to A2Gold,including the creation and dissemination of social media posts,influencer campaigns, video production, graphic design, emailmarketing, live streams, newsletter distribution, and analyticsreporting. Content will be distributed via Discord servers, Redditfinance subreddits, X/Twitter, YouTube, Instagram, and email, WolfFinancial live streams, and financial influencer networks. Theseservices will be provided for a period of 4 months (the “Initial TIATerm”) beginning October 1, 2025, during which time the TIAAgreement may be terminated by either party for cause. Services willhave a one month pause in December 2025. In consideration for theservices to be provided by TIA, the Company has agreed to pay TIA anaggregate cash fee of US$150,000. The Investing Authority is arm’slength to the Company and does not own any securities, directly orindirectly, of A2Gold as of the date of this release.

The contact information for TIA is 8329 HarrisonAvenue, Munster, IN 46321.

The TIA Agreement remains subject to the approval ofthe TSX Venture Exchange.

QUALIFIED PERSON

Andy Wallace is a Certified Professional Geologist(CPG) with the American Institute of Professional Geologists and isthe Qualified Person under NI 43-101, Standards of Disclosure forMineral Projects, who has reviewed and approved the scientific andtechnical content of this press release.  Mr. Wallace is a consultantto the Company.

ABOUT EASTSIDE

The Eastside Gold-Silver Project is located inEsmeralda County, Nevada, approximately 20+ miles northwest ofTonopah, within the prolific Walker Lane Trend. The project hosts acurrent inferred resource of 1.4 million ounces of gold and 8.8million ounces of silver, with mineralization open in all directions.Eastside covers a 92 km² land package that includes multiplehigh-priority zones such as McIntosh, Castle, and other explorationtargets yet to be named.

*Source: “Updated Resource Estimate and NI 43-101Technical Report, Eastside and Castle Gold-Silver Project TechnicalReport, Esmeralda County, Nevada” conducted by Mine DevelopmentAssociates of Reno, Nevada, with an effective date of July 30, 2021. Pit-constrained Inferred Resources (cut-off grade of 0.15 g/t Au) of61,730,000 tonnes grading 0.55 g/t Au and 4.4 g/t Ag at the OriginalPit Zone (1,090,000 ounces gold and 8,700,000 ounces silver) and19,986,000 tonnes grading 0.49 g/t Au at the Castle Area (314,000ounces gold). A copy of the Eastside Technical Report can be found onSEDAR at www.sedar.com.

ABOUT A2GOLD CORP

A2Gold Corp. owns three highly prospective goldprojects in the United States all of which are in the mining-friendlyjurisdiction of Nevada. A2Gold’s flagship, district-scale EastsideGold-Silver Project hosts a large and expanding gold and silverresource and is in an area of excellent infrastructure. Preliminarymetallurgical testing indicates that both oxide and sulphide goldmineralization at Eastside is amenable to heap leaching.

ON BEHALF OF THE BOARD

Peter Gianulis

CEO

For more information contact:

Investor Relations

info@A2gold.com

Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.

Certain statements and information contained in thispress release constitute "forward-looking statements" withinthe meaning of applicable U.S. securities laws and “forward-lookinginformation” within the meaning of applicable Canadian securitieslaws, which are referred to collectively as "forward-lookingstatements". The United States Private Securities LitigationReform Act of 1995 provides a “safe harbor” for certainforward-looking statements. A2Gold Corp.’s (“A2Gold”)exploration plans for its gold exploration properties, the drillprogram at A2Gold’s Eastside project, the preparation andpublication of an updated resource estimate in respect of the OriginalZone at the Eastside project, A2Gold’s future exploration anddevelopment plans, including anticipated costs and timing thereof;A2Gold’s plans for growth through exploration activities,acquisitions or otherwise; and expectations regarding futuremaintenance and capital expenditures, and working capitalrequirements. Forward-looking statements are statements and infomation regarding possible events, conditions or results of operationsthat are based upon assumptions about future economic conditions andcourses of action. All statements and information other thanstatements of historical fact may be forward-looking statements. Insome cases, forward-looking statements can be identified by the use ofwords 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 (includingnegative variations) suggesting future outcomes or statementsregarding an outlook. Such forward-looking statements are based on anumber of material factors and assumptions and involve known andunknown risks, uncertainties and other factors which may cause actualresults, performance or achievements, or industry results, to differmaterially from those anticipated in such forward-looking information.You are cautioned not to place undue reliance on forward-lookingstatements contained in this press release. Some of the known risksand other factors which could cause actual results to differmaterially from those expressed in the forward-looking statements aredescribed in the sections entitled “Risk Factors” in A2Gold’sListing Application, dated January 24, 2018, as filed with the TSXVenture Exchange and available on SEDAR under A2Gold’s profile atwww.sedar.com. Actual results and future events could differmaterially from those anticipated in such statements. A2Goldundertakes no obligation to update or revise any forward-lookingstatements included in this press release if these beliefs, estimatesand opinions or other circumstances should change, except as otherwiserequired by applicable law.

The securities referred to in this news release havenot been, nor will they be, registered under the United StatesSecurities Act of 1933, as amended, and may not be offered or soldwithin the United States or to, or for the account or benefit of, U.S.persons absent U.S. registration or an applicable exemption from theU.S. registration requirements.

This news release does not constitute an offer for saleof securities for sale, nor a solicitation for offers to buy anysecurities. Any public offering of securities in the United Statesmust be made by means of a prospectus containing detailed informationabout the company and management, as well as financialstatements

Copyright (c) 2025 TheNewswire - All rights reserved.

Stock Information

Company Name: Allegiant Gold Ltd.
Stock Symbol: AUAU:CC
Market: TSXVC
Website: allegiantgold.com

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