3) 1911 Gold - Operation Update ........................................


February 4, 2025 - 1911 Gold Intersects 8.42 g/t Gold over 0.91 m and 7.23 g/t Gold over 1.05 m in Drilling at True North

https://1911gold.com/news/press-releases/1911...true-north


Highlights:

Drill results confirmed the extension of quartz vein hosted, near-surface gold (“Au”) mineralization on both the San Antonio West and Hinge East targets

Shaun Heinrichs, President & CEO, stated, “When we first reviewed our updated model in 2024 and identified these prospective targets, we were surprised to find that these areas had largely remained untested at the surface, despite positive results at depth or along strike. Now that we are seeing the initial results from our first phase of drilling, we are excited about the potential for a parallel vein structure at San Antonio West, as well as the possible near-surface mineralization at Hinge East. Using these results and historical drilling data in the area, Michele and his team have designed a follow-up program to trace this mineralization along strike and to depth. A second drill rig will mobilize in the coming weeks as we expand the drill program and continue advancing these targets alongside the ongoing drilling underway at the San Antonio Southeast target.”


Figure 1: Simplified True North geology map and drill hole locations



https://investorshangout.com/images/MYImages/...4-fig1.png



Figure 2: Isometric view of True North Mine Complex with target area locations, underground workings, and known vein shapes (light blue)



https://investorshangout.com/images/MYImages/...4-fig2.png



February 4 - Assays from 5 holes



https://investorshangout.com/images/MYImages/...assays.png



2025 will be a busy year for 1911 Gold:

- A series of assay results will return in February and March to be compiled and released.

- Subsequent drilling targets will be based on previous drilling results.

- Drilling will also be conducted in the mineral extensions in the prolific Central Manitoba region.

- Feasibility study will be conducted towards the end of 2025.

- The management is confident that 2 million ounces gold resources will be attained, when accomplished, gold production will begin.

- Tentative gold pouring date is at the end of 2026 but can accelerate depending on the market condition.





Current drilling targets are in the unexplored virgin areas. Subsequent drilling targets will be based on previous drilling results. As drilling progresses, assays results should empirically resemble the drilling data of the precursor companies or may even emulate them:


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True North region
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Past assays in the Truth North Mine Complex:


Nov 17, 2016 - Klondex Announces Updated Drill Results at True North; Drilling Supports Expansion of 710/711 and Cohiba Zones

https://www.resource-capital.ch/en/news/view/...iba-zones/


January 24, 2017 - Klondex Announces New Discovery at True North; Drilling Continues to Extend Known Mineralization

https://www.globenewswire.com/news-release/20...ation.html


July 26, 2017 - Klondex Announces High Grade Exploration Results at True North; Intercepts 5.78 opt Au over 3.7 ft (198.1 g/t over 1.1 m)

https://www.juniorminingnetwork.com/junior-mi...-mine.html


Assays from Truth North Mine Complex (2016 - 2017)



https://investorshangout.com/images/MYImages/...assays.jpg


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Central Manitoba region
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Bison Gold's historical news:

May 30, 2011 - New gold bearing zone is confirmed
https://uk.marketscreener.com/news/latest/QUE...-13646036/

June 13, 2013 - History of Central Manitoba projects
https://finance.yahoo.com/news/bison-gold-res...15908.html

Nov 18, 2013 - Bison Gold Announces Maiden High Grade Mineral Resource Estimate on the Ogama-Rockland Gold Deposit
https://finance.yahoo.com/news/bison-gold-res...00745.html


Bison Gold's assays in Central Manitoba region:



https://investorshangout.com/images/MYImages/...esults.png