Au Gold Corp Expands Portfolio with Strategic Acquisitions in Australia and Timor Leste
Au Gold Corp (AUGC.TSXV) has announced a series of high‑profile agreements that broaden its exploration footprint and reinforce its positioning as a specialist gold developer. On 15 January 2026, the Vancouver‑based company disclosed two parallel transactions that together add significant acreage and resource potential to its portfolio.
Acquisition of the Havelock Gold‑Antimony Project
In a single press release dated 15 January 2026, Au Gold Corp entered into an acquisition agreement for the Havelock Gold‑Antimony Project located in the heart of the Victorian Gold Fields, Australia. The project is situated on the historically productive Victorian Gold Belt and comprises a block of land that contains multiple antimony‑gold mineralised zones. The transaction, executed at a purchase price that reflects the high‑grade potential of the target, will allow Au Gold to deploy its expertise in gold and antimony exploration and accelerate a staged development strategy in one of the world’s most prolific gold provinces.
The agreement was reported by multiple outlets, including StockWatch, The News Wire, and CEO.ca, underscoring the market’s interest in the transaction. By integrating Havelock into its asset base, Au Gold gains immediate access to a resource‑rich area that aligns with its core competency of developing gold projects for global clients.
Transfer of the Timor Gold Project License
Earlier that same day, Au Gold Corp announced an agreement with Leviathan Metals Corp to acquire the Timor Gold Project license. Leviathan Metals, through its wholly‑owned subsidiary Leviathan Gold Australia, transferred the license for a gold project located in Timor Leste. The deal, disclosed by Feedburner and supported by Minenportal.de, complements the Australian acquisition by extending Au Gold’s presence into the emerging mining sector of Southeast Asia. The Timor project offers a unique opportunity to access untapped gold resources in a jurisdiction that is actively encouraging foreign investment through streamlined regulatory pathways.
Regulatory Context and Market Reaction
The Canadian Investment Regulatory Organization (CIRA) has confirmed the resumption of trade for AUGC, indicating that the company’s shares will be available to investors on the TSX Venture Exchange after a brief regulatory pause. This regulatory clearance, coupled with the recent asset acquisitions, is expected to generate renewed investor interest.
Au Gold’s current market cap sits at CAD 5.57 million, with a closing price of CAD 0.20 and a 52‑week high of CAD 0.22. The company’s negative price‑earnings ratio of –21.67 reflects its status as a growth‑stage exploration entity rather than a cash‑generating producer.
Outlook
The dual acquisitions position Au Gold Corp to leverage its exploration capabilities across two high‑potential regions. The Australian Havelock project will likely progress through detailed geological work and feasibility studies over the next 12–18 months, while the Timor Leste license opens a new frontier for strategic exploration initiatives. As a company that “serves customers globally,” Au Gold’s expansion is poised to enhance its service offerings and generate long‑term value for shareholders.
For further details, stakeholders are encouraged to consult Au Gold Corp’s official website at www.augoldcorp.com or monitor the company’s filings on the TSX Venture Exchange.
