Au Gold Corp (TSXV: AUGC) has announced it has engaged Geomorphic AI Corporation to independently validate drill targeting at its 100%-owned Havelock Gold-Antimony Project in Victoria, Australia, and to identify new gold exploration opportunities across the Victorian Goldfields. The engagement combines AI-driven data compilation with historical archive research to sharpen targets ahead of AUGC's first modern drill campaign at Havelock. Investors may be watching for updates as Geomorphic's ranked target portfolio and Victorian project screening results are delivered to the company.

Key Points

  • Au Gold Corp (TSXV: AUGC) has formally engaged Geomorphic AI Corporation under a services agreement.
  • Geomorphic will validate drill targets at the 11,663-hectare Havelock Gold-Antimony Project and screen Victoria's public geological records for new gold projects.
  • Historical hard-rock production from the undrilled Shaw-McFarlane Trend recorded approximately 17,097 ounces of gold at an average grade of 28.7 g/t gold between 1864 and 1891; no NI 43-101 mineral resource exists on the project.
  • AUGC has granted Geomorphic 250,000 stock options exercisable at $0.28 per share for five years; new projects acquired may carry a 2% net smelter returns royalty.

Havelock's Shaw-McFarlane Trend and the Case for AI-Driven Target Validation

The Havelock project covers 11,663 hectares in Victoria's celebrated goldfields, roughly midway between Bendigo and Ballarat — a region that has produced more than 80 million ounces of gold and hosts operating mines including Agnico Eagle's Fosterville Mine and Alkane Resources' Costerfield gold-antimony mine. The 9 km Shaw-McFarlane Trend at the heart of Havelock has never been drilled by modern methods, with historical workings reaching no deeper than 500 feet. Geomorphic will sweep government and public archives for records not yet in AUGC's database and combine recovered data with surface and geophysical information to produce a ranked, evidence-backed target portfolio.

Geomorphic AI's Proprietary Platform and Scope of Work at Havelock and Ponderosa

Geomorphic AI deploys specialist AI agents covering geology, geochemistry, geophysics, and permit screening, managed by an orchestration engine with structured quality gates at each stage. Under the services agreement, Geomorphic's scope covers data compilation, geological synthesis, and ranked target generation across both Havelock and AUGC's Ponderosa gold project in British Columbia's Spences Bridge Gold Belt. Each target delivered to AUGC's technical team will include supporting evidence, confidence assessments, and the criteria that would disprove it, with targets re-ranked as new results arrive — a framework the release states is designed to bring auditable discipline to the company's first modern drill programme.

New Victorian Project Generation and Terms of the Geomorphic Agreement

In parallel with target validation, Geomorphic will run a province-wide project generation program across Victoria, screening public geological, geochemical, and historical mining records for gold exploration ground not currently held by AUGC. The company retains sole discretion over whether to acquire any identified project. Where AUGC or an affiliate acquires a new project within five years of delivery, a 2% net smelter returns royalty applies to AUGC's attributable interest. The royalty does not extend to Havelock, Ponderosa, or any existing mineral rights. AUGC has issued 250,000 stock options to Geomorphic at $0.28 per share, subject to TSX Venture Exchange acceptance.