New Exploration Results from 1911 Gold Corporation
1911 Gold Corporation (TSXV: AUMB, OTC: AUMBF) is thrilled to share the latest assay results from their ongoing drilling program targeting the SAM W zone at the True North Gold Project. Located in the expansive Rice Lake Gold property, this project has generated significant interest with its promising mineralization potential.
Highlights of the Recent Drilling Campaign
The recent drilling campaign consisted of five drill holes, totalizing 1,867 meters aimed at uncovering the gold mineralization at the San Antonio West target. The highlights of this campaign are as follows:
Significant Drill Intersections
- TN-25-064: High-grade intersection of 24.83 grams per tonne (g/t) Au over 2.60 meters (m) at a depth of 490.00 m.
- TN-25-067: Encountered 4.04 g/t Au over 5.80 m, with notable segments including 23.90 g/t Au over 0.50 m.
- TN-25-071: Found 12.80 g/t Au over 0.80 m.
Expanded Mineralization at Annex Target
The drilling at the Annex target area provided further validation of gold mineralization, intersecting:
- TN-25-061: 10.00 g/t Au over 0.50 m and 8.75 g/t Au over 2.60 m.
- TN-25-064: 2.94 g/t Au over 3.10 m.
- TN-25-067: 5.23 g/t Au over 2.50 m.
Remarks from the Leadership Team
In reflecting on these results, Shaun Heinrichs, President and CEO of 1911 Gold Corporation, expressed, "The San Antonio West area continues to provide some of the most promising exploration outcomes observed at True North. The high-grade intercepts underscore the robustness of the True North mineralized system and present the potential to identify new mineralized zones near existing infrastructure. As we pivot towards underground drilling, we anticipate accelerating resource growth across multiple target areas to facilitate a sustainable restart of operations.”
Shifts in Operational Focus Towards Underground Drilling
With the completion of the surface drilling in September, 1911 Gold is now focusing on an expansive underground drilling campaign. This transition aims to capitalize on the promising findings achieved during the surface exploration phase. Currently, two drill rigs are engaged in exploring high-priority targets located at Level 16, where remarkable mineralization opportunities exist.
Plans for Future Exploration and Rehabilitation Work
In addition to the underground drilling efforts, the company is preparing to undertake rehabilitation in key areas, such as the L13 deposit and Level 6. These efforts will improve access for ongoing exploration activities, including potential mineral resource targets at various depths.
Overview of 1911 Gold Corporation
1911 Gold Corporation is a junior mining company that operates within the rica Lake Gold property, encompassing over 61,647 hectares in a historically mineral-rich region. The True North mine site has a proven history of gold production, with 1,309,351 ounces Au extracted at an average grade of 9.33 g/t Au. The company's strategy includes exploring new zones and maximizing the potential of its established infrastructure while fostering community relationships.
Frequently Asked Questions
1. What is the scope of the True North Gold Project?
The True North Gold Project encompasses an expansive region with high exploration potential, supported by historical production and newly discovered mineralization zones.
2. How does 1911 Gold ensure the quality of its drilling operations?
The company implements rigorous quality control measures, including third-party validations and certified reference material samples for assay testing.
3. What are the plans for underground drilling at the True North Project?
1911 Gold is set to deploy two drill rigs in the underground phase, focusing on the extensions of mineralization found during the surface exploration campaign.
4. What are the expected outcomes from the ongoing exploration efforts?
The ongoing exploration aims to delineate high-grade mineralized zones, assess their viability for future production, and sustainably expand existing resources.
5. How does 1911 Gold incorporate community relations into its operations?
1911 Gold prioritizes open communication and collaboration with local First Nation communities to build mutually beneficial relationships and address community interests.
