1911 Gold Intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling at True North

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce the assay results from ten (10) drill holes for 2,222.00 metres ("m") from the surface exploration drilling program currently in progress at the True North Project located on the Company's 100%-owned Rice Lake Gold property in Manitoba, Canada .

Highlights:

Drill results confirmed the extension of quartz vein hosted, near-surface gold ("Au") mineralization on both the San Antonio West and Hinge East targets

San Antonio West Target

Drill results confirmed the western extension of gold mineralization hosted within the prolific San Antonio mafic unit, including:

- Drill hole TN-24-005 intersected 3.10 m @ 2.45 grams per tonne ("g/t") Au at a down-hole depth of 122.75 m and 0.65 m @ 7.76 g/t Au at a down-hole depth of 147.00 m
- Drill hole TN-24-006 intersected 4.84 m @ 3.70 g/t Au at a down-hole depth of 125.38 m , including 1.05 m @ 7.23 g/t Au and 0.91 m @ 8.42 g/t Au
- Drill hole TN-24-007 intersected 1.80 m @ 2.49 g/t Au at a down-hole depth of 115.45 m

Hinge East Target

Drilling intersected a wide quartz vein, and vein breccia intersected at 33.00 m vertical depth within a 42.60 m core length, including:

- Drill hole TN-24-003 intersected 3.45 m @ 2.85 g/t Au at a down hole depth of 44.65 m , including 0.55 m @ 6.20 g/t Au and 0.50 m @ 6.30 g/t Au

Shaun Heinrichs, President & CEO, stated, "When we first reviewed our updated model in 2024 and identified these prospective targets, we were surprised to find that these areas had largely remained untested at the surface, despite positive results at depth or along strike. Now that we are seeing the initial results from our first phase of drilling, we are excited about the potential for a parallel vein structure at San Antonio West, as well as the possible near-surface mineralization at Hinge East. Using these results and historical drilling data in the area, Michele and his team have designed a follow-up program to trace this mineralization along strike and to depth. A second drill rig will mobilize in the coming weeks as we expand the drill program and continue advancing these targets alongside the ongoing drilling underway at the San Antonio Southeast target.

Table 1: Select Significant Drill Hole Assay Results

Target Area	Drill Hole Number	From (m)	To (m)	Interval (m)	Au (g/t)
Hinge East	TN-24-003	44.65	48.10	3.45	2.85
	Including	44.65	47.05	2.40	3.55
	*Including*	44.65	45.20	0.55	6.20
	*and*	46.55	47.05	0.50	6.30
	*and*	47.55	48.10	0.55	2.39
		60.60	61.20	0.60	2.68
SAM West	TN-24-005	122.75	125.85	3.10	2.45
		147.00	147.65	0.65	7.76
SAM West	TN-24-006	125.38	130.22	4.84	3.70
	*Including*	126.00	127.05	1.05	7.23
	*and*	128.55	129.46	0.91	8.42
SAM West	TN-24-007	115.45	117.25	1.80	2.48
SAM West	TN-24-010	89.00	89.96	0.86	3.41

1) Weighted-average composites above 2.25 g/t Au

2) Maximum of 2.50 m internal dilution and no top capping applied

3) Intervals represent drill core length and are considered to represent 60% to 90% of true widths

4) Significant Assay Results included in Table 2

5) Drill hole Information included in Table 3

San Antonio West target

The San Antonio West target covers the western extension of the historically mined San Antonio zone of the True North Mine gold mineralized vein system. Drilling completed to date has confirmed the extension of gold mineralization to over 260 m west of the San Antonio zone and to depths of over 170 m . Six (6) holes for a total of 921.00 m were drilled within this target, of which four intersected significant gold mineralization within shear veins hosted in the San Antonio mafic ("SAM") gabbro unit, which hosts the majority of the known gold mineralization within the True North Mine and historically produced 1,309,351 ounces Au at a grade of 9.33 g/t Au.

The mineralized intercepts are characterized by quartz-carbonate shear veins with sericite, chlorite, minor tourmaline alteration and up to 2% pyrite disseminated and veinlets. They are interpreted to be the western extension of the San Antonio zone vein system. Drill hole TN-24-005 intersected 3.10 m @ 2.45 g/t Au from 122.75 m downhole depth within strong silicified mafic and 0.65 m @ 7.76 g/t Au from 147.0 m downhole depth in a shear vein with tourmaline and chlorite alteration and disseminated pyrite within the SAM unit. Drill hole TN-24-006 intersected 4.84 m @ 3.70 g/t Au from 125.38 m downhole depth, including 1.05 m @ 7.23 g/t Au from 126 m and 0.91 m @ 8.42 g/t Au from 128.55 m downhole within a quartz-carbonate shear vein with 2% pyrite disseminated and in veinlets.

The potential exists to extend the mineralized zone to the east, approximately 150 m to the edge of the SAM vein system and at depth following its known dip (50° to the NNE). The Company is planning a follow-up drilling program to test the open extensions of mineralization.

Hinge East Target

The Hinge East target covers the gold mineralized vein extensions hosted within the Dacitic Lapilli Tuff unit between the Hinge Zone and Cohiba Zone within the True North Project. Two (2) drill holes for 544.00 m were completed. Drill hole TN-24-003 intersected a shallow wide quartz vein ( 42.60 m core length) with a weighted average of 0.49 g/t Au. A higher-grade interval was defined within the vein system of 3.45 m at 2.85 g/t Au from 44.65 m down hole depth, including 0.55 m @ 6.20 g/t Au and 0.50 m @ 6.30 g/t Au. This interval is characterized by quartz-carbonate shear vein with sericite and chlorite alteration and 1% disseminated pyrite. Drill hole TN-24-004, designed to undercut TN-24-003 by 50 m , intersected 17.00 m of quartz vein containing 0.84 m @ 1.96 g/t Au. The mineralized zone is interpreted to be open along strike to the west within favourable host rock and along a shear zone, in an area never explored, where further drilling is currently being planned.

Cohiba East target

The Cohiba East target was interpreted as the eastern extension of the Cohiba Zone vein system hosted within the Volcaniclastic "B" unit. Two (2) drill holes, totaling 757.00 m , were completed on this target, intersecting quartz veining without significant gold mineralization.

San Antonio Southeast target

The San Antonio Southeast target is the southeastern extension of the known gold mineralization within the San Antonio Zone vein system. It is located at the intersection of the highly mineralized SAM unit and the interpreted L10 shear zone.

The drill program is ongoing on this target with the completion of twelve (12) holes for a total of 3,522 m , ten (10) of the drill holes intercepted the interpreted shear zone with quartz-carbonate veining within the SAM unit. Final assay results are pending for these holes.

Next Steps

The current planned drill program testing targets within the True North Gold Mine complex has been successful in the definition of several new areas of gold mineralization, confirming the near surface extensions of gold mineralization for the San Antonio West, Hinge East and San Antonio Southeast target areas (assay results pending). Based on the results received to date and the new exploration targets that have been developed, 1911 Gold will extend the current surface drill program. Work has commenced on recommissioning the hoist on the A Shaft to provide access for underground drilling from the 16 level in the True North underground mine. The review of potential regional targets within the greater Rice Lake greenstone belt, including at Central Manitoba is also underway.

Quality Assurance/Quality Controls (QA/QC)

Core samples are collected by sawing the drill core in half along the axis, with one-half sampled, placed in plastic sample bags, labelled, sealed and the other half retained for future reference. Batches are shipped to Activation Laboratories Ltd. (Actlabs), in Thunder Bay, Ontario for sample preparation and analysis. Samples are dried, crushed to 2mm and a 1 kg split is pulverized to -200 mesh. . Gold analysis is completed by fire-assay with an atomic absorption finish on 50 grams of prepared pulp. Samples returning values greater or equal to 5.00 g/t are reanalysed by fire assay with a gravimetric finish. Total gold analysis (Screen Metallic Sieve) is conducted on highly mineralized samples or the presence of visible gold, depending on the amount of sample material remaining available. Certified gold reference material samples are inserted every 20 samples and blank samples at intervals of one in every 50 samples, with additional blanks inserted after samples hosting visible gold. Repeat gold analyses for 5% of all submitted sample pulps conducted at a third-party certified laboratory.

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice-President Exploration of 1911 Gold, who is a "Qualified Person" as defined under NI 43-101.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totaling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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

Table 2: True North; Significant Drill Hole Assays

Target (Area)	Drill Hole (Number)	From (m)	To (m)	Interval (m)	Au (g/t)
Cohiba East	TN-24-001	No Significant Results (NSR)
	TN-24-002	NSR
Hinge East	TN-24-003	44.65	48.10	3.45	2.85
	*Including*	44.65	47.05	2.40	3.55
	*Including*	44.65	45.20	0.55	6.20
	*and*	46.55	47.05	0.50	6.30
	*and*	47.55	48.10	0.55	2.39
		60.60	61.20	0.60	2.68
Hinge East	TN-24-004	130.34	131.18	0.84	1.96
		145.19	146.30	1.11	0.10
SAM West	TN-24-005	122.75	125.85	3.10	2.45
		147.00	147.65	0.65	7.76
SAM West	TN-24-006	66.74	75.00	8.26	0.66
		125.38	130.22	4.84	3.70
	*Including*	126.00	127.05	1.05	7.23
	*and*	128.55	129.46	0.91	8.42
SAM West	TN-24-007	96.18	104.50	8.32	0.20
		104.50	105.6	1.10	1.49
		115.45	117.25	1.80	2.48
SAM West	TN-24-008	91.70	92.80	1.10	1.22
SAM West	TN-24-009	92.00	95.00	3.00	0.92
SAM West	TN-24-010	86.64	89.96	3.32	1.77
	*Including*	89.00	89.96	0.96	3.41
		89.96	101.22	11.26	0.11

Table 3: True North; Drill Hole Details

Drill Hole (Number)	Target (Name)	Northing* (m)	Easting* (m)	Elevation (m)	Azimuth ( ° )	Inclination ( ° )	EOH Depth (m)
TN-24-001	Cohiba East	5656058	314458	267	199	-66	407.00
TN-24-002	Cohiba East	5656058	314458	267	183	-48	350.00
TN-24-003	Hinge East	5656008	313487	268	178	-68	245.00
TN-24-004	Hinge East	5656063	313489	267	185	-67	299.00
TN-24-005	SAM West	5655928	312000	255	257	-46	236.00
TN-24-006	SAM West	5655948	311718	249	220	-75	143.00
TN-24-007	SAM West	5655948	311718	249	157	-66	152.00
TN-24-008	SAM West	5655948	311718	249	173	-46	131.00
TN-24-009	SAM West	5655925	311787	247	195	-46	140.00
TN-24-010	SAM West	5655925	311787	247	190	-71	119.00

*Coordinates are provided in UTM NAD83 Zone 16

SOURCE 1911 Gold Corporation

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1911 Gold AUMB:CC TSXV:AUMB Gold Investing

AUMB:CC

1911 Gold Announces Grant of Deferred Share Units

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB; OTCBB: AUMBF) announces that it has granted a total of 166,665 deferred share units ("DSUs") to four directors under the LTIP in respect of H2-2024 director fees. Each DSU entitles the holder to receive one share of the Company, or in certain circumstances a cash payment equal to the value of one share of the Company, at the time the holder ceases to be a director of the Company.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more than 63,000 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba . 1911 Gold believes its land package is a prime exploration opportunity, with potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on organic growth and accretive acquisition opportunities in North America .

1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs
President and CEO

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements with respect to the terms of the Offering, the use of proceeds of the Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and the plans, operations and prospects of the Company, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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

SOURCE 1911 Gold Corporation

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1911 Gold Files NI 43-101 Technical Report for the Updated Mineral Resource Estimate for the True North Gold Project

1911 Gold Corporation ("1911 Gold" or the "Company") (TSX-V: AUMB) (OTC: AUMBF) is pleased to announce that following the release of an updated underground Mineral Resource Estimate ("MRE") for the True North Gold Project on November 20, 2024 the Company has filed the National Instrument 43-101 ("NI 43-101") Technical Report for the 100% owned project in southeastern Manitoba, Canada .

Highlights

Filing of Technical Report entitled " NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada ", prepared by Lions Gate Geological Consulting Inc. ("LGGC") and 1911 Gold, dated December 23, 2024 , with an effective date of August 29, 2024
Underground MRE defined for the True North Gold Project is reported within mineral resource constraining envelopes using a 2.25 grams per tonne ("g/t") Gold ("Au") threshold. All blocks within the envelopes are reported and tabulate as:
- Indicated Mineral Resource of 3,516,000 t @ 4.41 g/t Au containing 499,000 ounces ("oz") Au
- Inferred Mineral Resource of 5,490,000 t @ 3.65 g/t Au containing 644,000 oz Au
The MRE highlights areas for resource expansion both down plunge and along strike to the modeled veins, and within areas of historic drilling, for potential resource expansion with additional drilling
Surface drill program ( 6,000 m ) underway on new target areas that include:
- Gold mineralization intersected in historic drillholes along strike from the resource and within 400 m of surface
- New targets identified during the re-interpretation and remodelling of gold mineralization that are proximal to Au-bearing shear zones within favourable host rocks
Planning for 25,000 m of resource expansion and new target drilling is underway for 2025

Shaun Heinrichs , President and CEO of 1911 Gold, commented, "We are pleased to have completed the compilation and filing of the updated Mineral Resource Estimate Technical Report for the True North Gold Project. The new robust resource estimate forms the base of our plans moving forward both for the recommencement of production and the expansion and growth of resources at the True North Gold mine. We have a significant exploration drill program underway on a number of new targets and are moving to expand this program in 2025 with more resource expansion drilling".

The updated NI 43-101 report is available for review on both SEDAR+ ( www.sedarplus.ca ) and the Company's website ( www.1911gold.com ).

The updated True North MRE Technical Report was prepared by Susan Lomas , P.Geo, of LGGC, Bruce Davis , PhD, FAusIMM, and Michele Della Libera , P.Geo,, each of whom is considered a "Qualified Person" as defined in NI 43-101.

1911 Gold's press release dated November 20, 2024 (entitled " 1911 Gold Announces Mineral Resource Estimate Update for the True North Gold Project ") summarized the mineral resource estimate update in detail.

Future Plans

First phase surface drilling is currently underway on near surface areas outside of the resource where the new geological model has identified prospective new targets with significant mineralized intercepts from historical drilling. Initially three prioritized target areas have been identified and are the target of the current drill program (see Company's press release: " 1911 Gold Initiates Surface Drill Program on New Exploration Targets at the True North Gold Mine" , dated October 3, 2024 ). Drilling is continuing and results are due to be released in early 2025.

With the completion of the MRE, 1911 Gold has also identified areas of the resource model that are open and with additional drilling have the potential to expand the resources, in addition to new targets at depth in the deposit. The Company is currently compiling a drill plan of over 25,000 m of drilling for 2025 and has commenced work on a preliminary redevelopment plan, working closely with Éric Vinet, recently engaged as a key technical advisor, focusing on identifying suitable mining methods, expected costs, and overall economics supporting the restart strategy, to be covered in a new preliminary economic assessment study.

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr. Michele Della Libera , P.Geo, Vice President Exploration of 1911 Gold, who is a "Qualified Person" as defined under NI 43-101.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling 63,276 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba , and also owns the True North mine and mill complex at Bissett, Manitoba , where it is reprocessing historic tailings on a seasonal basis. 1911 Gold believes its land package is a prime exploration opportunity, with potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario , and intends to focus on both organic growth opportunities and accretive acquisition opportunities in North America .

1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative, and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS
Shaun Heinrichs
President and CEO

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about exploration plans and the timing and results thereof, are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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

SOURCE 1911 Gold Corporation

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Agnico Eagle and O3 Mining Announce Subsequent Acquisition Transaction and Completion of Offer

The Offer has now expired and Agnico Eagle has taken-up and acquired 95.6% of the issued and outstanding O3 Mining shares
Agnico Eagle and O3 Mining will enter into an amalgamation agreement under which Agnico Eagle will acquire all remaining O3 Mining shares by way of amalgamation
Remaining O3 Mining shares (other than shares held by dissenting shareholders) and warrantholders who exercise their warrants after the amalgamation will receive $1.67 per share in cash
Questions or Need Assistance? Contact Laurel Hill Advisory Group for assistance at 1-877-452-7184 or email assistance@laurelhill.com

(All amounts expressed in Canadian dollars unless otherwise noted)

Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (" Agnico Eagle ") and O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (" O3 Mining ") are pleased to jointly announce the expiry of Agnico Eagle's board-supported take-over bid (the " Offer ") for all of the outstanding common shares of O3 Mining (the " Common Shares ") for $1.67 in cash per Common Share. Agnico Eagle has taken-up and acquired an aggregate of 114,785,237 Common Shares that were tendered to the Offer, representing approximately 95.6% of the issued and outstanding Common Shares on a basic basis. As a result, as of the date hereof, Agnico Eagle beneficially owns, and exercises control and direction over, an aggregate of 115,842,990 Common Shares, representing approximately 96.5% of the issued and outstanding Common Shares on a basic basis. This includes the additional 4,360,806 Common Shares (the " Deposited Shares ") tendered to the Offer during the mandatory 10-day extension period that expired at 11:59 p.m. (EST) on February 3, 2025 . The aggregate consideration payable for the Deposited Shares is $7,282,546 . Agnico Eagle will pay for the Deposited Shares by February 6, 2025 .

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Agnico Eagle and O3 Mining Announce Subsequent Acquisition Transaction and Completion of Offer

The Offer has now expired and Agnico Eagle has taken-up and acquired 95.6% of the issued and outstanding O3 Mining shares
Agnico Eagle and O3 Mining will enter into an amalgamation agreement under which Agnico Eagle will acquire all remaining O3 Mining shares by way of amalgamation
Remaining O3 Mining shares (other than shares held by dissenting shareholders) and warrantholders who exercise their warrants after the amalgamation will receive $1.67 per share in cash
Questions or Need Assistance? Contact Laurel Hill Advisory Group for assistance at 1-877-452-7184 or email assistance@laurelhill.com

(All amounts expressed in Canadian dollars unless otherwise noted)

Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (" Agnico Eagle ") and O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (" O3 Mining ") are pleased to jointly announce the expiry of Agnico Eagle's board-supported take-over bid (the " Offer ") for all of the outstanding common shares of O3 Mining (the " Common Shares ") for $1.67 in cash per Common Share. Agnico Eagle has taken-up and acquired an aggregate of 114,785,237 Common Shares that were tendered to the Offer, representing approximately 95.6% of the issued and outstanding Common Shares on a basic basis. As a result, as of the date hereof, Agnico Eagle beneficially owns, and exercises control and direction over, an aggregate of 115,842,990 Common Shares, representing approximately 96.5% of the issued and outstanding Common Shares on a basic basis. This includes the additional 4,360,806 Common Shares (the " Deposited Shares ") tendered to the Offer during the mandatory 10-day extension period that expired at 11:59 p.m. (EST) on February 3, 2025 . The aggregate consideration payable for the Deposited Shares is $7,282,546 . Agnico Eagle will pay for the Deposited Shares by February 6, 2025 .

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B2Gold Announces Positive Preliminary Economic Assessment Results for the Antelope Deposit at the Otjikoto Mine in Namibia; After-Tax NPV of $131 Million with an After-Tax IRR of 35%

B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce the preliminary results of a positive Preliminary Economic Assessment(" PEA") prepared in accordance with National Instrument 43-101 on the Antelope deposit located at the Company's Otjikoto open pit and underground gold mine in Namibia ("Otjikoto"). The Antelope deposit, which comprises the Springbok Zone, the Oryx Zone, and a possible third structure, Impala, subject to confirmatory drilling, is located approximately 4 kilometers ("km") southwest of the existing Otjikoto open pit. All dollar figures are in United States dollars unless otherwise indicated.

Highlights

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B2Gold Announces Positive Preliminary Economic Assessment Results for the Antelope Deposit at the Otjikoto Mine in Namibia; After-Tax NPV of $131 Million with an After-Tax IRR of 35%

B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce the preliminary results of a positive Preliminary Economic Assessment(" PEA") prepared in accordance with National Instrument 43-101 on the Antelope deposit located at the Company's Otjikoto open pit and underground gold mine in Namibia ("Otjikoto"). The Antelope deposit, which comprises the Springbok Zone, the Oryx Zone, and a possible third structure, Impala, subject to confirmatory drilling, is located approximately 4 kilometers ("km") southwest of the existing Otjikoto open pit. All dollar figures are in United States dollars unless otherwise indicated.

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Heliostar Announces 2024 Production and Provides 2025 Production and Cost Guidance

HIGHLIGHTS:

2024 Production of 20,795 GEOs (20,298 gold ounces and 43,076 silver ounces)
2025 Production Guidance of 31,000-41,000 GEOs

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce that it produced 10,391 Gold Equivalent Ounces (GEOs) (10,156 gold ounce and 20,054 silver ounces) in the fourth quarter of 2024 (the third quarter of the Company's financial year).

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	Life of Mine
Production Profile
Years	5
Ore tonnes processed (Mt)	1.9
Average gold grade processed (g/t)	5.75
Gold recovery (%)	95.0
Gold ounces produced (oz)	327,392
Average annual gold production (oz)	65,478
Operating & Capital Costs
All-In Sustaining Costs ¹ ($/oz gold)	1,095
Pre-production capital ($M)	129

$2,400/oz Long-Term Gold Price
	After-Tax
NPV _5.0% ($M)	131
IRR (%)	35
Payback (years)	1.3
Free cash flow ($M)	185

Long-Term Gold Price ($/oz)	After-Tax NPV _5.0% ($M)	After-Tax IRR (%)
$2,000	69	23
$2,200	100	29
$2,400	131	35
$2,600	162	40
$2,800	193	44

Category	Domain	Tonnes	Gold Grade (g/t)	Contained Gold Ounces
Inferred	Springbok	1,630,000	7.09	370,000
Inferred	Other	130,000	4.60	20,000
Inferred	Total	1,750,000	6.91	390,000

	Life of Mine
Production Profile
Years	5
Ore tonnes processed (Mt)	1.9
Average gold grade processed (g/t)	5.75
Gold recovery (%)	95.0
Gold ounces produced (oz)	327,392
Average annual gold production (oz)	65,478
Operating & Capital Costs
All-In Sustaining Costs ¹ ($/oz gold)	1,095
Pre-production capital ($M)	129

Project	Category	Oct-Dec 2024	Total 2024
La Colorada Mine
	Gold sold (Ounces)	3,052	5,427
	Silver sold (Ounces)	9,823	16,143
	GEOs sold (Ounces)¹	3,167	5,613
San Agustin Mine
	Gold sold (Ounces)	7,104	14,871
	Silver sold (Ounces)	10,231	26,933
	GEOs sold (Ounces)¹	7,224	15,182
Consolidated
	Gold sold (Ounces)	10,156	20,298
	Silver sold (Ounces)	20,054	43,076
	GEOs sold (Ounces)¹	10,391	20,795
1. Metal prices estimated at US$2,500 per ounce gold and $30 per ounce gold price.

Project	Gold Production (Ounces)	Silver Production (Ounces)	GEO Production³ (Ounces)	Cash Cost⁴ (US$ per GEO)	AISC^4,5 (US$ per GEO)
La Colorada Mine	17,000-23,300	42,500-51,500	17,500-23,800	1,800-1,950	1,850-1,975
San Agustin Mine¹	8,500-11,000	-	8,500-11,000	1,500-1,650	1,700-1,850
San Agustin Restart²	4,500-5,700	34,000-43,000	5,000-6,200	2,350-2,500	2,900-3,035
Consolidated	30,000-40,000	76,500-94,500	31,000-41,000	1,800-1,950	1,950-2,100

1911 Gold Intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling at True North

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