1911 Gold Expands True North Gold Resource with High-Grade Drill…

Event summary

1911 Gold's underground drilling at True North intersected up to 7.55 g/t Au over 5.00 m at the 710-711 Zone and up to 21.20 g/t Au over 0.60 m at the 007 Zone.
The drilling program comprised 10 diamond drill holes totaling 4,562 meters, targeting extensions of known zones outside the 2024 Mineral Resource Estimate.
Gold mineralization was extended by 60 meters from the upper resource limit of the 710-711 Zone and by 120 meters below the 007 Zone.
1911 Gold has commenced an updated resource estimate for True North, expected in Q4 2026.

The big picture

1911 Gold's latest drill results at True North support its strategy to develop a district-scale gold mining operation. The company is positioning itself to restart operations with a growing mineral resource base and centralized infrastructure. The results highlight the potential for further resource expansion, which could enhance the project's economic viability and attractiveness to investors.

What we're watching

Resource Growth: Whether the updated resource estimate will significantly increase the mineral resource base at True North.
Exploration Strategy: How 1911 Gold will prioritize follow-up drilling based on the latest results.
Development Timeline: The pace at which 1911 Gold advances towards a potential production decision at True North.