New Drilling Results from True North Gold Project
1911 Gold Corporation (TSXV: AUMB, OTCQB: AUMBF) has announced exciting assay results following their recent surface drilling program at the True North Gold Project. This project, fully permitted and operational, is part of their Rice Lake Gold property. The latest exploration includes eight drill holes totaling 3,557 meters, focusing on the San Antonio Southeast (SAM SE) target as well as the newly discovered Shore target.
Drilling Highlights
The results from the drilling program show significant findings that enhance the potential for gold recovery. The drilling at the SAM SE target has verified quartz vein-hosted gold mineralization extending down-dip by 745 meters. Additionally, a new mineralized zone, Shore, has been identified adjacent to SAM SE, marking a substantial development for future exploration.
Grade Intersections from Recent Drilling
The highlights from the drilling include:
- Drill TN-25-065: Intersected 28.60 grams per tonne (g/t) Au over 0.50 meters; 12.69 g/t Au over 2.40 meters, including 15.20 g/t Au over 0.70 meters and 24.90 g/t Au over 0.70 meters.
- Drill TN-25-062: Intersected 7.05 g/t Au over 0.50 meters; 6.21 g/t Au over 0.50 meters; 7.03 g/t Au over 3.20 meters, which includes notable intersections of 20.10 g/t Au and 18.60 g/t Au over shorter intervals.
- Drill TN-25-063: Notable results include 19.40 g/t Au over 1.40 meters and multiple intervals of 5.46 g/t Au and 4.37 g/t Au.
- Drill TN-25-070: Latest findings at this drill show an impressive 33.80 g/t Au at the Shore target.
These results point to a promising outlook for the ongoing exploration.
Future Prospects at True North
Shaun Heinrichs, President & CEO of 1911 Gold, stated, "Our drilling efforts at the SAM SE target and the newly confirmed Shore target not only highlight the potential of these areas to contribute to our mineral resource base but also create opportunities for operational efficiency and potential expansion of mining activities. With the encouraging results already obtained, we are eager to advance our exploration further, particularly at emerging targets like Shore. Moreover, our underground drilling operations are now well underway, anticipated to enhance resource delineation significantly."
Advancements in Drilling Programs
The company has recently completed a substantial number of surface drilling holes, totaling 70, along with 18,501.4 meters of drilling, confirming the viability of the SAM SE and the adjacent Shore target. As part of a thorough exploration strategy, the focus will now shift towards underground drilling activities, starting from Level 16, situated 695 meters below the surface. This transition allows for efficiently accessing these high-potential drilling zones.
New Underground Initiatives
In the coming months, rehabilitation of former mining areas will commence to facilitate access to additional drilling locations targeting the known extensions of the SAM SE target and other nearby high-potential areas. The expected integration of this information will help refine their geological models and further enhance exploration strategies for the True North Gold Project.
Conclusion
As 1911 Gold Corporation progresses with its exploration and drilling activities, anticipations grow surrounding their discoveries within the True North Gold Project. With the promising results from the latest drilling rounds and the strategic focus on underground exploration, 1911 Gold is well-positioned to further develop its resources and capitalize on its potential.
Frequently Asked Questions
What did 1911 Gold Corporation discover with their recent drilling?
They discovered high-grade gold mineralization at both the SAM Southeast and Shore targets, revealing significant intersections in multiple drill holes.
How deep are the current drilling operations at True North?
Current operations are focused on areas accessible from Level 16, which is approximately 695 meters below the surface.
What is the significance of the Shore target?
The Shore target is a newly identified mineralized area adjacent to the SAM SE target, which has shown promising intersections.
What future steps does the company plan to take in their exploration?
The company plans to mobilize their underground drill rigs, focusing on extents of mineralization derived from both surface and previous drilling successes.
How has 1911 Gold maintained its commitment to stakeholders?
Through ongoing communication with local communities and stakeholders, 1911 Gold aims to foster mutually beneficial relationships while developing their mining activities.
