A2 GOLD DRILLS 2.9 G/T GOLD OVER 20 METRES AT MCINTOSH ZONE

Rhea-AI Summary

A2Gold (OTCQX: AUXXF) reported assay results from three core holes at its 100%‑owned Eastside project near Tonopah, Nevada on January 13, 2026. Key intercepts include 2.9 g/t Au and 9.8 g/t Ag over 20 metres (from 430m) and 1.14 g/t Au and 16.3 g/t Ag over 16.8 metres. Mineralization was extended to ~480m vertical depth (~70m deeper than 2021). The company plans an 18,000‑metre RC program starting on or around January 19, 2026, and expects an updated NI 43‑101 resource in early 2026. QA/QC used standard fire assay, ICP, and re‑assays for high‑grade samples.

Positive

• 2.9 g/t Au over 20m at McIntosh zone
• Mineralization extended to ~480m vertical depth (≈70m deeper)
• 18,000‑metre RC program scheduled to start ~Jan 19, 2026
• NI 43‑101 mineral resource update expected early 2026

Negative

• True thickness and widths are not known for reported intercepts
• Hole ES‑337 deviated ~70m from the intended target
• Results are from three holes only, limited sample coverage

News Market Reaction

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-5.84% News Effect

On the day this news was published, AUXXF declined 5.84%, reflecting a notable negative market reaction.

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ADDS 70 METRES OF MINERALIZATION AT DEPTH

TONOPAH, Nev., Jan. 13, 2026 /PRNewswire/ - A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) is pleased to report assay results from three recently completed core drill holes at its 100%-owned Eastside Gold–Silver Project located near the town of Tonopah, Nevada. The results continue to demonstrate the scale, continuity, and resource growth potential of the Eastside mineral system, strengthening confidence as the Company finalizes targets for its 18,000-metre RC drill program, set to begin on or around January 19.

SELECTIVE DRILLING HIGHLIGHTS (0.15 g/t cut-off)

• Hole ES-331 intersected 2.9 g/t Au and 9.8 g/t Ag over 20 metres (starting at 430m), including 4.9 g/t Au and 12.1 g/t Ag over 10.7 metres (from 439 meters). In addition, 2.3 g/t Au and 6.3 g/t Ag over 4.6 metres (from 458 metres) and 3.2 g/t Au over 4.6 metres (from 474 metres)
  
  
• Hole ES-337 deviated by approximately 70 metres from the target and intersected 1.9 g/t Au over 3.0 metres (from 426.7 metres).
  
  
• Hole ES-338 intersected 1.14 g/t Au and 16.3 g/t Ag over 16.8 metres (from 352 metres), including 5.0 g/t Au and 26.4 g/t Ag over 3.1 metres (from 358 metres).

Gold and silver mineralization was extended down to 480 metres vertical depth (approximately 70 metres deeper than previously known mineralization in the 2021 program) with 3.25 g/t Au and 3.37 g/t Ag over 4.6m ending at 478m from surface.  ES-331 was drilled vertical, ES-337 was drilled with a 65-degree angle and ES-338 was drilled with a 60-degree angle.   True thickness and widths are not known at this stage.

GEOLOGICAL INTERPRETATION

The drill holes were designed to test mineralization continuity and grade distribution within the Eastside structural corridor. Broad mineralized intervals with internal higher-grade zones reinforce the interpretation of a laterally extensive and vertically continuous gold–silver system. These results will continue to de-risk the project and further support the Company's strategy of resource expansion through systematic in-fill and step-out drilling.

Peter Gianulis, CEO of A2Gold, commented: "These drill results represent another important step in demonstrating the scale and quality of the Eastside system. The drill program was to test the vertical extensions beyond the 2021 drill program. Hole ES-331 was an exceptional hole and deepened known mineralization down a further 70 metres from our previously deepest hole. We continue to see strong gold and silver mineralization across multiple zones, with thicknesses and grades that are highly supportive of future resource growth. These results will be a key input into our upcoming NI 43-101 mineral resource update expected in early 2026 and have significantly improved our confidence as we finalize targets for our upcoming 18,000-metre RC drill program scheduled to commence on or around January 19, 2026.

The upcoming RC program will focus on three core objectives: in-fill drilling at McIntosh and Castle to connect and strengthen existing sub-zones; step-out drilling at both areas to expand the mineralized footprint; and testing high-priority exploration targets generated from our recently completed, project-wide geophysics program. We believe this work positions Eastside as a compelling resource growth story with meaningful upside for shareholders."

QA/QC AND ASSAY INFORMATION

All drill core samples were logged, split, and securely transported to American Assay Labs preparation facility in Sparks, Nevada. Gold analyses were completed using standard fire assay with atomic absorption finish, with samples returning over 10 g/t Au re-assayed using gravimetric methods. Silver and multi-element analyses were completed using ICP methods. A rigorous quality assurance and quality control program was employed, including the insertion of certified reference materials, blanks, and field duplicates at regular intervals. The Company believes the analytical results to be accurate and reliable.

QUALIFIED PERSON

Andy Wallace 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.  Mr. Wallace is a consultant to the Company.

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

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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

FAQ

What were the McIntosh zone drill results announced by A2Gold (AUXXF) on January 13, 2026?

Hole ES‑331 returned 2.9 g/t Au and 9.8 g/t Ag over 20m starting at 430m; other holes reported comparable multi‑metre intercepts.

How deep was mineralization extended at Eastside in A2Gold's January 2026 update (AUXXF)?

Mineralization was extended to about 480 metres vertical depth, roughly 70m deeper than 2021 results.

When will A2Gold (AUXXF) start its 18,000‑metre RC drill program?

The company scheduled the 18,000‑metre RC program to begin on or around January 19, 2026.

What assay methods did A2Gold use for the January 13, 2026 drill results (AUXXF)?

Gold by standard fire assay with AAS finish (gravimetric re‑assay >10 g/t); silver and multi‑elements by ICP.

Will A2Gold (AUXXF) provide an updated resource after these drill results?

Yes; the company expects an updated NI 43‑101 mineral resource in early 2026.

Are the reported intercept widths true thicknesses in A2Gold's January 2026 release (AUXXF)?

No; the release states true thickness and widths are not known at this stage.