1911 Gold Confirms High-Grade Gold Mineralization at True North's SAM W Target — 1911 Gold Corporation

Event summary

1911 Gold reported high-grade gold intercepts at the SAM W target in its True North Gold Project, including 11.31 g/t Au over 1.70 m and 6.79 g/t Au over 2.40 m.
Drilling confirmed the continuity of gold mineralization within a 200 m deep and 200 m strike length gap area at the SAM W target.
The company completed 34 drill holes for a total of 9,067 m at SAM W, with all results supporting a maiden mineral resource estimate.
Geological modeling is underway for an updated global resource estimate expected in Q4 2026.

The big picture

1911 Gold's latest drilling results at the True North Gold Project highlight the potential for significant high-grade gold mineralization, which could enhance the project's economic viability. The company is strategically positioned to build a district-scale gold mining operation with existing infrastructure and a growing mineral resource base. The continuity of mineralization at the SAM W target underscores the exploration upside within the Rice Lake Gold property.

What we're watching

Resource Expansion: Whether the high-grade intercepts at SAM W will significantly expand the mineral resource base at True North.
Production Potential: How the development of near-mine targets like SAM W will impact the long-term production potential at True North.
Economic Viability: The pace at which 1911 Gold can advance the project towards a potential production decision with favorable economics.