1911 Gold Achieves Significant Gold Intercepts at True North
Remarkable Gold Intersects at True North Project
1911 Gold Corporation (NASDAQ: AUMB) has shared astonishing results from its ongoing exploration at the True North Project, emphasizing the potential of the Sam Antonio Southeast (SAM SE) zone. The recent drilling program yielded impressive gold intersections, including an incredible 5.52 grams per tonne (g/t) of gold over 6.50 metres. This robust result was obtained during a detailed surface drilling campaign across ten drill holes, totaling a significant depth of 3,079.0 metres.
Highlights from the Exploration Drilling
Promising Assay Results
The exploration campaign focused on the extensions of gold mineralization in the SAM SE zone, showcasing remarkable assay results:
- Drill hole TN-25-033 intersected 5.52 g/t Au over 6.50 metres at a depth of 111.10 metres, with additional remarkable intersections of 34.20 g/t Au over 0.50 metres.
- Drill hole TN-25-038 revealed 8.38 g/t Au over 0.50 metres, highlighting the expanding mineralization depth.
- Drill hole TN-25-054 showed encouraging signs with 13.90 g/t Au over 0.50 metres, firmly establishing the zone's prospective nature.
CEO's Insights on Results
Shaun Heinrichs, President and CEO, expressed his excitement regarding these outcomes, stating, "These intercepts advance our understanding of the vein systems, extending them to over 550 metres in depth and confirming the potential for a significant resource expansion as we prepare for the forthcoming underground drilling phase."
Drilling Campaign Statistics
To date, 1911 Gold has executed sixty-two surface drill holes, with two of them not reaching the planned depths. The cumulative effort has resulted in 14,974.40 metres of drilling, revealing previously unidentified targets laden with gold-rich host rocks.
Future Directions for the True North Project
The company is gearing up to continue exploration within the True North Mine footprint, capitalizing on the robust results achieved at both the SAM SE and SAM West targets. With two active drill rigs, the focus is on exploring the depth extensions of the identified gold mineralization. Preparations for underground drilling are also underway, with operations expected to commence in September.
New Discoveries and Potential
The exploration efforts conducted at the True North Project are uncovering promising geological structures conducive to gold mineralization. The geological characteristics of the SAM gabbro suggest the potential for substantial resource growth, supporting the ongoing mine planning activities. The drilling programs aim to capitalize on these newly discovered targets, aligning with the company’s strategy for organic growth and resource development.
Engaging with Local Communities
1911 Gold emphasizes building strong relationships with local communities. The company's operations are situated in regions traditionally associated with the Hollow Water First Nation, and 1911 Gold prioritizes respectful collaboration with indigenous stakeholders to ensure mutual benefits and cooperative efforts in exploration and development.
Frequently Asked Questions
What are the highlights from 1911 Gold's recent drilling results?
The highlights include impressive intersections such as 5.52 g/t Au over 6.50 metres and 54.00 g/t Au in multiple drill holes, confirming the potential of the SAM SE zone.
What is the current drilling strategy at True North?
1911 Gold is expanding its drilling efforts into recognized high-priority underground zones while continuing surface exploration to maximize their resource potential.
How does 1911 Gold engage with the local community?
The company focuses on maintaining respectful communications with local stakeholders, especially those from the Hollow Water First Nation, to foster mutually beneficial partnerships.
What does the future hold for the True North Project?
With exciting results and ongoing exploration, True North is positioned for potential resource growth, supported by meticulous planning and engagement strategies.
Which company leads the exploration at True North?
1911 Gold Corporation is leading the exploration at the True North Project, showcasing remarkable advancements in gold mineralization and resource development.
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