Underground Drill Program Highlights
1911 Gold Corporation (TSXV:AUMB, OTCQB:AUMBF) has officially launched its first underground drilling program at the True North Gold Project. This significant step forward is designed to enhance the company's exploration capabilities and further its objectives within a vital area for gold development.
Details of the Drilling Initiative
The underground drilling aims to investigate several promising targets. The current operations kick off with the first drill rig mobilized to Level 16, approximately 695 metres below the surface. Key areas of focus include the San Antonio Southeast (SAM SE), San Antonio West (SAM W), and the newly identified Shore targets.
Current Progress and Future Plans
1911 Gold plans to conduct around 25,000 metres of drilling across 122 drill holes over the coming months. This is part of an expansive strategy to explore resource extensions and test identified zones for development. Encouragingly, 20,342 metres of surface drilling have already been accomplished, predominantly on the SAM W and SAM SE targets.
Expected Outcomes from the Program
The underground drilling program is anticipated to significantly enhance the understanding of resource potential at True North. Company President Shaun Heinrichs emphasized that this initiative is crucial for expanding current resources, enhancing operational scales, and potentially leading to trial mining in the near future.
Exploration Targets and Resource Expansion
Focus will also be placed on testing resource size potential at SAM W and SAM SE, located adjacent to existing infrastructure. The program not only aims to extend the known resource fields but also to delineate trial test mining areas as the company prepares for a larger mining operation in the future.
Community Engagement and Environmental Considerations
As part of its commitment to community relations, 1911 Gold assures that it’ll maintain open communication lines with local stakeholders, particularly the Hollow Water First Nation, involved in the area. This approach is paramount as they proceed with development and exploration activities aimed at creating local economic opportunities.
About 1911 Gold Corporation
With a land package exceeding 61,647 hectares, 1911 Gold is well-positioned within the Archean Rice Lake greenstone belt. The company owns the True North mine and mill complex, a fully permitted facility crucial for future exploration and development initiatives. They also maintain additional projects such as Apex and Denton-Keefer, further contributing to their growth strategy across North America.
Frequently Asked Questions
What is the primary goal of the underground drilling program?
The main goal is to explore resource extensions and define trial test mining areas to enhance operational scale at the True North Gold Project.
How many drill holes are planned for this drilling program?
The program involves approximately 25,000 metres of drilling across 122 drill holes.
What targets will the drilling focus on?
The drilling will focus on the SAM SE, SAM W, and the newly discovered Shore targets situated near existing underground infrastructure.
How does 1911 Gold plan to engage with local communities?
1911 Gold intends to foster open communication and build respectful relationships with local communities, particularly with the Hollow Water First Nation.
Where is the True North Gold Project located?
The True North Gold Project is located within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, Canada.