1911 Gold: Near-term Gold Production, Development Potential in Manitoba, Canada

1911 Gold (TSXV:AUMB,OTCQX:AUMBF) focuses on the exploration and development of gold resources in Manitoba, Canada. The company owns a dominant, 62,000 hectare land position in the Rice Lake greenstone belt in Manitoba.

1911 Gold’s strategy is on track in de-risking the existing underground mine geology, expanding its mineral resource base through exploration, and advancing towards production on an accelerated time line by leveraging the existing infrastructure in place.

Key Projects

1911 Gold's flagship asset is its True North project located in the Rice Lake greenstone belt of southeastern Manitoba, approximately 150 km northeast of Winnipeg. This historically significant mine has produced over 2 million ounces (Moz) of gold and continues to offer substantial exploration upside.

Company Highlights

1911 Gold Corporation is a junior gold exploration company and near-term producer with more than 1.1 million ounces of gold resource in an established mining district.
The company’s assets include a permitted 1,300-ton-per-day mill and tailings facility, and underground mine, reducing time and costs to production
With a large land package in the Rice Lake belt, 1911 Gold boasts multiple high-potential targets, providing significant resource expansion potential.
The company is led by a seasoned management team and board with a strong track record of advancing mining projects.
The company operates in a mining-friendly jurisdiction with hydroelectric power and excellent infrastructure.

This 1911 Gold Corporation profile is part of a paid investor education campaign.*

Click here to connect with 1911 Gold (TSXV:AUMB) to receive an Investor Presentation

tsxv:aumb gold investing gold stocks

AUMB:CC

1911 Gold

Keep reading...Show less

Near-term gold production and development potential in Manitoba, Canada

1911 Gold Announces C$11.5 Million "Bought Deal" Life Offering and Private Placement

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB; FRA: 2KY) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (" Haywood "), as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters (together with Haywood, the " Underwriters "), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis: (i) 2,500,000 common shares of the Company (the " Non-FT Shares ") at a price of C$0.20 per Non-FT Share (the " Non-FT Issue Price "); (ii) 2,924,000 common shares which qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the " Tax Act ")) and qualify as "Canadian exploration expenses" and "flow through mining expenditures" as defined in the Tax Act and that are incurred in the province of Manitoba and qualify for the Manitoba Mineral Exploration Tax Credit (the " Tranche 1 CEE Shares ") at a price of C$0.342 per Tranche 1 CEE Share (the " Tranche 1 CEE Issue Price "); (iii) 26,042,000 common shares which qualify as "flow-through shares" (within the meaning of the Tax Act) and qualify as "Canadian exploration expenses" as defined in the Tax Act (the " Tranche 2 CEE Shares " and together with the Tranche 1 CEE Shares, the " CEE Offered Shares ") at a price of C$0.288 per Tranche 2 CEE Share (the " Tranche 2 CEE Issue Price "); and (iv) 10,163,000 common shares which qualify as "flow-through shares" (within the meaning of the Tax Act) and qualify as "accelerated Canadian development expenses" as defined in the Tax Act (the " CDE Offered Shares " and, together with the Non-FT Shares and CEE Offered Shares, the " Offered Shares ") at a price of C$0.246 per CDE Offered Share (the " CDE Issue Price ") for aggregate gross proceeds to the Company of C$11,500,202 (the " Underwritten Offering ").

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

1911 Gold Corporation Announces Staged Return of Personnel to Site

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB; OTCQB: AUMBF; FRA: 2KY) is pleased to announce that, following the easing of wildfire-related evacuation orders, the Company has initiated a staged return of employees and contractors to its True North site near Bissett, Manitoba .

Favourable weather conditions and the efforts of emergency crews have significantly reduced wildfire risk in the region. The Town of Bissett and the Company's True North site have remained safe throughout the evacuation period, with no damage to infrastructure. Site access routes have been cleared and deemed safe for travel, and camp facilities remained operational during the evacuation to support the firefighting efforts.

Personnel are returning to the site in a structured and phased manner, and full operations are expected to resume in the coming days. As part of its commitment to the safety and recovery of the region, 1911 Gold continues to provide housing to approximately 40 wildfire personnel who remain active in the area.

"Thanks to the tireless efforts of emergency responders, we are now in a position to resume site activities safely," stated Shaun Heinrichs , President and CEO of 1911 Gold. "We are grateful that both the Town of Bissett and our facilities have remained unharmed, and we remain committed to supporting the firefighting efforts as the region recovers."

The Company plans to recommence exploration and development activities at the True North site, including preparations for an underground drill program that is expected to commence later this summer.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling 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.

SOURCE: 1911 Gold Corporation

SOURCE 1911 Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/17/c4423.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

1911 Gold Temporarily Suspends Operations at True North Complex due to Bissett Evacuation Order

VANCOUVER, BC , May 30, 2025 /CNW/ - 1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB) (OTCQB: AUMBF) (FRA: 2KY) announces the temporary suspension of operations at its True North complex in Bissett, Manitoba , following the evacuation order issued by the Province of Manitoba due to escalating wildfire activity in the region.

The Company has safely evacuated all personnel from the site and is closely monitoring the situation in coordination with local and provincial authorities. The Company has taken precautionary measures to safeguard certain site infrastructure and continues to assist with the wildfire response by hosting frontline personnel at the True North camp facilities.

Shaun Heinrichs , CEO and President, stated, "The safety of our employees and the community is our top priority. We are grateful for the swift and coordinated response of emergency services and are committed to supporting firefighting efforts, including the ongoing use of our camp facilities. Our thoughts are with everyone impacted by the wildfires, and we stand ready to support the community during this challenging time."

The Company will provide further updates as more information becomes available and will resume operations at the True North complex when it is safe to do so.

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.

SOURCE 1911 Gold Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2025/30/c0974.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Gold bars and coins stacked on each other, reflecting light.

Germany, Italy Face Pressure to Repatriate US$245 Billion in Gold as Trust in US Custody Wavers

Germany and Italy are facing mounting domestic pressure to repatriate more than a third of their gold reserves — worth an estimated US$245 billion — currently held in New York by the US Federal Reserve.

Germany and Italy hold the world’s second and third largest gold reserves, trailing only the US. A substantial portion of this metal is stored overseas, primarily in Manhattan’s Federal Reserve Bank.

This longstanding arrangement, based largely on postwar financial realities and New York’s role as a major global gold-trading hub, is now being questioned by officials and commentators across Europe’s political spectrum.

Keep reading...Show less

LaFleur Minerals Targets 2026 Production with Funded Drilling and Mill Restart Planning Underway

LaFleur Minerals (CSE:LFLR,OTCQB:LFLRF,FWB:3WK0) CEO Paul Ténière has outlined his company’s plans to complete at least 5,000 meters of diamond drilling at the Swanson gold project while planning for the restart of its 100 percent owned Beacon gold mill in Val-d'Or, Québec.

“We had the idea of looking at the Swanson project, in general, more on a district scale. And so as a result of all the work we've done, including recent IP surveys, we've generated several drilling targets,” Ténière said.

One of the goals of the drill program is to increase the resource, he added.

Keep reading...Show less

Australian flag and gold bars on a world map background.

Ausgold Signs Earn-in Agreement for Critica's Kulin Gold Project

Critica (ASX:CRI,OTC Pink:VTMLF) and Ausgold (ASX:AUC,OTC Pink:AUSGF) said on Monday (June 23) that they have entered into a farm-in agreement for Critica's Kulin gold project in Western Australia.

Ausgold has the right to earn up to a 70 percent interest in Kulin over three years for a total of AU$610,000.

Critica will retain a 30 percent contributing interest in Kulin once the earn in is complete, alongside the right to convert to a 1.5 percent net smelter royalty when a decision to mine is made.

Keep reading...Show less

Target Area (name)	Drill Hole (number)	From (m)	To (m)	Interval (m)	Au (g/t)
SAM West	TN-25-039	10.00	10.50	0.50	2.95
		64.40	65.30	0.90	2.86
SAM West	TN-25-041	21.30	22.20	0.90	2.59
SAM West	TN-25-056	103.10	105.40	2.30	9.59
	*Including*	103.10	104.90	1.80	11.25
	*Including*	103.10	103.60	0.50	21.30
SAM West	TN-25-057	145.00	146.40	1.40	58.66
	*Including*	145.00	145.90	0.90	63.20
	*and*	145.90	146.40	0.50	50.50
SAM West	TN-25-058	201.90	203.40	1.50	2.84
		237.60	238.10	0.50	3.62
		249.30	249.80	0.50	10.40
		275.90	276.40	0.50	3.65
SAM West	TN-25-060	237.20	237.80	0.60	3.97
		241.20	242.00	0.80	3.44


1)	Intercepts above a cut-off grade of 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)	Full Significant Assay Results included in Table 2
5)	Drill hole Information included in Table 3

Table 2: True North; Select Drill Hole Assays
Target Area (name)		Drill Hole (number)	From (m)	To (m)	Interval (m)	Au* (g/t)
SAM West	TN-25-039		10.00	10.50	0.50	2.95
			18.00	20.60	2.60	0.93
			48.00	49.00	1.00	1.11
			64.40	65.30	0.90	2.86
SAM West	TN-25-041		9.00	10.00	1.00	0.87
			20.50	21.30	0.80	0.87
			21.30	22.20	0.90	2.59
			22.20	22.80	0.60	0.76
			28.40	29.30	0.90	2.07
Gate	TN-25-044		10.10	11.00	0.90	1.30
Gate	TN-25-046			No Significant Values
Gate	TN-25-047			No Significant Values
Gate	TN-25-049		89.90	90.80	0.90	0.57
Gate	TN-25-050			No Significant Values
SAM West	TN-25-056		100.70	102.30	1.60	1.42
			103.10	105.40	2.30	9.59
	*Including*		103.10	104.90	1.80	11.25
	*Including*		103.10	103.60	0.50	21.30
			106.80	112.40	5.60	1.09
SAM West	TN-25-057		136.60	140.80	4.20	0.63
			145.00	146.40	1.40	58.66
	*Including*		145.00	145.90	0.90	63.20
	*and*		145.90	146.40	0.50	50.50
			147.20	151.00	3.80	0.60
			187.30	187.80	0.50	0.95
			201.60	203.40	1.80	1.06
			210.50	211.50	1.00	0.93
			217.50	218.00	0.50	1.93
			303.40	304.10	0.70	1.08
SAM West	TN-25-058		97.10	97.80	0.70	1.46
			100.00	101.70	1.70	1.22
			115.70	116.20	0.50	1.01
			118.20	119.20	1.00	0.93
			198.00	199.40	1.40	0.79
			201.90	203.40	1.50	2.84
			214.90	215.60	0.70	2.06
			237.60	238.10	0.50	3.62
			247.30	248.30	1.00	1.06
			249.30	249.80	0.50	10.40
			275.90	276.40	0.50	3.65
SAM West	TN-25-059		339.70	340.80	1.10	2.07
SAM West	TN-25-060		215.20	216.30	1.10	1.87
			237.20	237.80	0.60	3.97
			240.20	241.20	1.00	1.13
			241.20	242.00	0.80	3.44
			252.30	254.50	2.20	0.57
			290.20	290.90	0.70	0.63
			313.30	314.80	1.50	1.12

Drill Hole (Number)	`Target (Name)	Northing* (m)	*Easting (m)**	Elevation (masl)	Azimuth (°)	Inclination (°)	Depth (m)
TN-25-039	SAM West	5655810	311885	251	197	-70	131
TN-25-041	SAM West	5655810	311885	251	230	-45	110
TN-25-044	Gate	5655940	312204	257	129	-56	176
TN-25-046	Gate	5655940	312204	257	106	-48	269
TN-25-047	Gate	5655940	312204	257	74	-59	372
TN-25-049	Gate	5655800	312446	250	89	-45	194
TN-25-050	Gate	5655800	312446	250	71	-52	269
TN-25-056	SAM West	5655890	311918	259	350	-71	302
TN-25-057	SAM West	5655890	311918	259	327	-57	320
TN-25-058	SAM West	5655895	311924	251	56	-72	299
TN-25-059	SAM West	5655933	311986	248	348	-73	377
TN-25-060	SAM West	5655935	311991	256	327	-65	389

1911 Gold: Near-term Gold Production, Development Potential in Manitoba, Canada

Company Highlights

1911 Gold Investor Kit

GET YOUR FREE INVESTOR KIT

Investor Insight

Overview

Company Highlights

Key Projects

True North Project

Geology and Mineralization

History

Infrastructure and Geographic Advantages

Exploration and Development Plans

Regional Exploration Projects

Management Team

Shaun Heinrichs - President & CEO

Carmen Amezquita - Chief Financial Officer

Michele Della Libera - Vice-president, Exploration

Gary O’Connor - Executive Chair

Mike Hoffman - Director

Blair Schultz - Director

Anna Ladd-Kruger - Director

Éric Vinet - Advisor

New bill calls for US gold audit

Investor Insight

Overview

Company Highlights

Key Projects

Limo Butte Project

Nutmeg Mountain Project

Zeus Copper Project

Management Team

Brandon Bonifacio – President, CEO and Director

Greg French – VP Exploration and Director

Bob McKnight – EVP, CFO and Corporate Development

Latest News

1911 Gold Investor Kit

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

TOP STOCKS