Key facts
| Company | 1911 Gold Corporation (TSXV: AUMB) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Pre-feasibility |
Mineral resource estimates
8 reported estimates, newest first. Categories are as disclosed by 1911 Gold Corporation; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Ag g/t | Ag oz | Effective |
|---|---|---|---|---|---|---|
| Measured & indicatedNI 43-101 | 140 kt | 4.11 g/t | 1.10 Moz | 1.20 g/t | 120 koz | Nov 11, 2025 |
| IndicatedNI 43-101 | 3.5 Mt | 4.41 g/t | 499 koz | — | — | Aug 29, 2024 |
| InferredNI 43-101 | 5.5 Mt | 3.65 g/t | 644 koz | — | — | Aug 29, 2024 |
| Proven reserveNI 43-101 | 153 kt | 8.26 g/t | 37 koz | — | — | Jun 30, 2016 |
| Probable reserveNI 43-101 | 199 kt | 8.40 g/t | 49 koz | — | — | Jun 30, 2016 |
| MeasuredNI 43-101 | 455 kt | 7.95 g/t | 106 koz | — | — | Jun 30, 2016 |
| IndicatedNI 43-101 | 931 kt | 6.92 g/t | 188 koz | — | — | Jun 30, 2016 |
| InferredNI 43-101 | 2.8 Mt | 5.65 g/t | 460 koz | — | — | Jun 30, 2016 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
Economic studies
Pre-feasibility study
Oct 27, 2016- Gold price assumed
- US$1,200/oz
Figures as extracted from each study, in US dollars as the studies report them. Open the report before relying on one.
News releases33 on file
1911 Golds True North Resource Expansion Drilling Intersects Up To 7 55 Gt Au Over 5 00 M Including 32 90 Gt Au Over 0 50 M At The 710 711 Zone And Up To 21 20 Gt Au Over 0 60 M At The 007 Zone
Assay results from ten diamond drill holes totalling 4,562 m at the underground resource expansion program at the True North Gold Project, southeast Manitoba, included 7.55 g/t Au over 5.00 m, including 32.90 g/t Au over 0.50 m, at the 710-711 Zone, and 21.20 g/t Au over 0.60 m plus 7.65 g/t Au over 3.40 m at the 007 Zone. Mineralization was extended 60 m above the 710-711 resource limit and 120 m
Drill results1911 Gold Provides Update on Key Operational Milestones at True North
Operational progress at the wholly-owned True North Gold Project on the Rice Lake property in southeast Manitoba includes completed A-Shaft and Level 26 dewatering, an operational Level 16-to-26 ore pass chute, commissioned primary ball mill, freshwater system and on-site assay laboratory, and poured concrete slabs for the new surface primary crusher building. SCR Mining & Tunnelling was awarded t
Corporate1911 Gold Intersects Significant Grades at L10 Zone, Including 10.73 g/t Au over 8.90 m and 50.61 g/t Au over 1.60 m, and Confirms Link to Larger 710-711 Zone at True North
Eight diamond drill holes totalling 2,955 m from underground resource expansion drilling at the True North Gold Project in southeast Manitoba returned 10.73 g/t Au over 8.90 m (including 16.12 g/t Au over 5.40 m and 49.50 g/t Au over 0.80 m) in UG16-26-072 and 50.61 g/t Au over 1.60 m in UG16-26-076, confirming a link between the L10 and 710-711 zones outside the 2024 MRE. A global resource update
Drill results1911 Gold Reports High-Grade Intercepts from the SAM W Target at True North of 11.31 g/t Au over 1.70 m and 6.79 g/t Au over 2.40 m
Assay results from eight surface diamond drill holes totalling 2,980 m at the San Antonio West (SAM W) target on the wholly-owned True North Gold Project in southeast Manitoba included 11.31 g/t Au over 1.70 m (including 16.20 g/t Au over 0.80 m) in TN-26-073, 6.79 g/t Au over 2.40 m in TN-26-082, 5.72 g/t Au over 3.00 m in TN-26-089 and 11.80 g/t Au over 0.50 m in TN-26-097. Mineralization is con
Drill results1911 Gold Reports High-Grade Intercepts from Near-Mine Targets at True North, Including the New Baker Target
Assay results from 30 drill holes totalling 8,656 metres at the True North Gold Project in southeast Manitoba returned 15.89 g/t Au over 2.70 m including 40.10 g/t over 1.00 m at SAM SE (TN-26-094), 5.99 g/t Au over 4.90 m including 24.90 g/t over 0.70 m at Shore (TN-26-088), and 36.44 g/t Au over 1.10 m including 73.70 g/t over 0.50 m at the newly defined Baker target (TN-26-076). Mineralization
Drill results1911 Gold Closes $35,650,000 Bought Deal Financing
A bought deal financing closed for gross proceeds of $35,650,000, including full exercise of the over-allotment option, comprising 7,812,501 units at $0.64, 27,307,337 CDE flow-through units at $0.793 and 11,961,810 CEE flow-through units at $0.752, each with one-half warrant exercisable at $1.00 until July 29, 2028. Haywood Securities led the syndicate and received a $2,139,000 cash commission, o
Financing1911 Gold Issues Clarification of February 2026 PEA Disclosure
Following a British Columbia Securities Commission review, statements in the February 10, 2026 news release on the preliminary economic assessment for the True North Gold Project in southeastern Manitoba have been retracted as misleading and non-compliant with NI 43-101, having suggested greater certainty than a PEA allows and implied a production decision, which the Company confirms has not been
Study results1911 Gold Announces Upsize of Previously Announced Bought Deal Financing to $31 Million
A previously announced bought deal financing has been upsized to $31,000,000 gross, with Haywood Securities as lead agent and sole bookrunner alongside BMO Capital Markets, Roth Canada and Velocity Trade Capital. The offering comprises 7,812,500 units at $0.64, 12,610,400 CDE flow-through units at $0.793, and a combination of CEE flow-through units priced at $0.864, $1.011 and $0.752, each unit in
Financing1911 Gold Announces $20 Million Bought Deal Financing
A bought deal financing for aggregate gross proceeds of $20,000,000 has been agreed with Haywood Securities Inc. as lead agent and sole bookrunner, comprising 7,812,500 units at $0.64, 6,305,200 accelerated CDE flow-through units at $0.793, and any combination of CEE flow-through units priced at $0.864, $1.011 and $0.752, each with a half warrant exercisable at $1.00 for 24 months. Underwriters ho
Financing1911 Gold Announces Voluntary Withdrawal of Overnight Marketed Offering
The previously announced overnight marketed public offering, set out in a preliminary short form prospectus dated June 8, 2026 and filed in each Canadian province except Québec, has been withdrawn by 1911 Gold Corporation due to prevailing market conditions. The company is focused on its 100%-owned True North Gold Project in Manitoba's Rice Lake Greenstone Belt, a ~62,000-hectare land package, and
Financing1911 Gold Announces Overnight Marketed Offering
A preliminary short form prospectus has been filed in all Canadian provinces except Québec for an overnight marketed public offering of common shares plus three series of flow-through shares (CEE Series 1, CEE Series 2 and CDE), with pricing, share numbers and gross proceeds to be set in the context of the market. Roth Canada, Inc. is lead underwriter with BMO Capital Markets as joint bookrunner,
Financing1911 Gold Confirms Extensions of the L10 Zone at True North Intersecting 11.54 g/t Gold over 3.70 m
Assay results from 12 holes totalling 3,608 m of underground resource expansion drilling on the L10 Zone at the wholly-owned True North Gold Project in southeast Manitoba included 11.54 g/t gold over 3.70 m and 5.48 g/t over 9.20 m in hole UG16-26-055, 3.00 g/t over 7.20 m in UG16-25-002, and 8.10 g/t over 1.40 m in UG16-26-050. Drilling extended mineralization up to 160 m down-plunge and 80 m alo
Drill results1911 Gold Announces Grant of Deferred Share Units
125,000 deferred share units have been granted to four directors of 1911 Gold Corporation under the Company's Long-Term Incentive Plan, in respect of director fees incurred in the first quarter of 2026. Each DSU entitles the holder to one share, or in certain circumstances a cash payment equal to the value of one share, when the holder ceases to be a director. The Company's 100%-owned True North G
Corporate1911 Gold Reports Additional Results from Underground Delineation Drilling at True North
Ten drill holes totalling 1,464 m from underground delineation drilling on the Hinge Zone V-810 vein at the True North Gold Project in southeast Manitoba returned 9.51 g/t Au over 3.50 m (including 30.70 g/t Au over 0.60 m) in UG16-26-038, 12.00 g/t Au over 1.00 m in UG16-26-046, and 6.71 g/t Au over 2.00 m in UG16-26-041. The holes complete the Hinge V-810 delineation program, now 31 holes for 4,
Drill results1911 Gold Files NI 43-101 PEA Technical Report for the True North Gold Project
An NI 43-101 Preliminary Economic Assessment technical report for the 100%-owned True North Gold Project in southeastern Manitoba has been filed on SEDAR+, prepared by AMC Mining Consultants (Canada) Ltd., dated March 27, 2026 with an effective date of February 10, 2026. The PEA base case, at a gold price of US$3,000 per ounce, outlines initial steady-state production of 58,114 ounces per annum ov
Study results1911 Gold Confirms Resource Continuity in Underground Infill and Delineation Drilling at True North
Assay results from 25 underground drill holes totalling 3,894 m at the wholly-owned True North Gold Project in southeast Manitoba confirmed continuity of gold mineralization in the V-810 vein at the Hinge Zone and the V-1030/V-1040 vein at L10, both adjacent to Level 16 (695 m below surface). Highlights include 10.79 g/t Au over 2.20 m, 6.62 g/t Au over 3.40 m including 23.60 g/t over 0.70 m, and
Drill results1911 Gold Announces US$30 Million Credit Facility with Auramet International
A US$30 million secured credit facility has been arranged with Auramet International to fund mining equipment purchases, underground development and a new crushing circuit at the True North Gold Project in Manitoba, ahead of a targeted 2027 restart. US$15 million is available on closing, expected before the end of February, with a second US$15 million tranche available 90 to 180 days later; intere
Financing1911 Gold Delivers Positive PEA for True North Highlighting Robust Economics with Low Capital Intensity and High Returns
A preliminary economic assessment for the True North Gold Project in southeastern Manitoba, prepared by AMC Mining Consultants, outlines an after-tax NPV(5%) of $391 million, a 105% IRR and 2.2-year payback at US$3,000/oz gold, rising to a $998 million NPV at US$4,800/oz. The 11-year underground plan processes 4,066,000 tonnes at a diluted 4.32 g/t Au with 93.5% recovery for 527,400 oz, averaging
Study results1911 Gold Positions Itself as an Emerging Gold Producer with Long-Term Growth Opportunities
A summary of 2025 milestones and 2026 plans for the 100%-owned True North Gold Project in southeastern Manitoba was provided, with a mine restart targeted for 2027. During 2025 the Company raised C$36.2M across two financings, received two Manitoba Mineral Development Fund grants of C$286,000 and $300,000, completed 20,342 m of surface drilling in 71 holes, re-commissioned the A Shaft hoist to Lev
Corporate1911 Gold Commences Drill Program at the Ogama-Rockland Gold Deposit
A 2,200-metre, eight-hole diamond drill program began on December 12, 2025 at the Ogama-Rockland gold deposit, 27 km southeast of the True North Gold Project in Manitoba, targeting down-dip and along-strike extensions of the main vein system and new parallel structures. The deposit hosts an inferred resource of 1.28 million tonnes at 8.17 g/t Au for 337,000 oz. Metallurgical test work on core will
Drill results1911 Gold Graduates to Trading on the OTCQX Best Market in the United States
Effective December 16, 2025, 1911 Gold Corporation's common shares began trading on the OTCQX Best Market in the United States under the ticker AUMBF. The shares will continue to trade on the TSX Venture Exchange (AUMB) and the Frankfurt Exchange (2KY). The company is advancing its 100%-owned True North Gold Project in Manitoba, Canada, toward a mine restart in 2027.
Corporate1911 Gold Intersects up to 24.83 g/t Gold over 2.60 m on San Antonio West at the True North Gold Project
Assay results from five drill holes totalling 1,867 m on the San Antonio West target at the True North Gold Project in southeast Manitoba included 24.83 g/t gold over 2.60 m in TN-25-064 (including 46.00 g/t over 1.00 m), 4.04 g/t over 5.80 m in TN-25-067 and 12.80 g/t over 0.80 m in TN-25-071, plus Annex target intercepts of 8.75 g/t over 2.60 m and 5.23 g/t over 2.50 m. The 2025 surface program
Drill results1911 Gold Announces Manitoba Mineral Development Fund Grant to Support Underground Drilling at True North
The Manitoba Mineral Development Fund has approved a $300,000 grant supporting the ongoing underground drill program at the True North Gold Project, part of 1911 Gold's 100%-owned Rice Lake Gold property in southeast Manitoba. Proceeds will fund an underground delineation program of approximately 9,000 metres in 80 drill holes, aimed at upgrading resources in two target areas scheduled for test mi
Corporate1911 Gold Strengthens Operations Leadership with Appointment of Éric Vinet as COO and Additional Senior Site Personnel
Éric Vinet has been appointed Chief Operating Officer of 1911 Gold effective December 1, 2025, and has been granted 800,000 options exercisable at $0.93 per share expiring October 28, 2030, plus 300,000 restricted share units. Site-level appointments include Sam Bates as Mine Superintendent, David Towle as Mill Manager and Dan Barrie as Director, Special Projects. The hires support the fully permi
Management1911 Gold Intersects 12.69 g/t Au over 2.40 m on SAM Southeast and Discovers New Zone at True North Gold Project
Assay results from eight surface drill holes totalling 3,557 m at the True North Gold Project in southeast Manitoba included 12.69 g/t Au over 2.40 m and 28.60 g/t Au over 0.50 m in TN-25-065, 7.03 g/t Au over 3.20 m in TN-25-062, 19.40 g/t Au over 1.40 m in TN-25-063, and 33.80 g/t Au over 0.80 m at the newly identified Shore target (TN-25-070). Surface drilling finished September 20, 2025; under
Drill results1911 Gold Commences Underground Drill Program at True North Gold Project
The first underground drill program has begun at the wholly-owned True North Gold Project in Manitoba, with a rig mobilized to Level 16, approximately 695 m below surface, to test the SAM SE, SAM W and new Shore targets. The plan covers roughly 25,000 m in 122 holes over nine months, including 10,000 m exploration, 6,000 m resource expansion and 9,000 m delineation drilling ahead of test mining in
Drill results1911 Gold Commences PEA on True North Project and Provides Update on Underground Progress
AMC Consultants of Toronto has been engaged to complete a Preliminary Economic Assessment on the wholly-owned True North Gold Project in Manitoba, evaluating a restart of underground mining using the existing permitted 1,300 tonne-per-day processing facility at Bissett, with delivery anticipated by the first quarter of 2026. Underground rehabilitation on Level 16 and supporting levels is nearing c
Study results1911 Gold Intersects up to 58.66 g/t Gold over 1.40 m on San Antonio West Zone at True North
Assay results from twelve drill holes totalling 3,208.0 m at the True North Gold Project in southeast Manitoba included TN-25-057 with 58.66 g/t gold over 1.40 m from 145.00 m (including 63.20 g/t over 0.90 m), TN-25-056 with 9.59 g/t over 2.30 m, and TN-25-058 with 10.40 g/t over 0.50 m on the San Antonio West target. Five holes for 1,280.00 m at the Gate target returned 1.30 g/t over 0.90 m. Fif
Drill results1911 Gold Delivers on 2024 Objectives and Outlines 2025 Growth Strategy for True North
A 2025 exploration program of over 25,000 m is planned at the 100%-owned True North gold project and Rice Lake property in southeastern Manitoba, funded by an oversubscribed $7.8 million financing closed in December 2024. The 2024 resource update outlined underground indicated resources of 3.5 Mt at 4.41 g/t Au (499,000 oz) and inferred resources of 5.5 Mt at 3.65 g/t Au (644,000 oz). The company
Corporate1911 Gold Files NI 43-101 Technical Report for the Updated Mineral Resource Estimate for the True North Gold Project
An NI 43-101 technical report dated December 23, 2024, with an effective date of August 29, 2024, has been filed for the updated underground mineral resource estimate at the 100%-owned True North Gold Project in southeastern Manitoba. Using a 2.25 g/t Au threshold, the estimate totals 3,516,000 t at 4.41 g/t Au for 499,000 oz indicated and 5,490,000 t at 3.65 g/t Au for 644,000 oz inferred. A 6,00
Resource update1911 Gold Announces Mineral Resource Estimate Update for the True North Gold Project
An updated underground mineral resource estimate for the True North Gold Project on the Rice Lake property in southeastern Manitoba reports Indicated resources of 3,516,000 t at 4.41 g/t Au containing 499,000 oz, and Inferred resources of 5,490,000 t at 3.65 g/t Au containing 644,000 oz, reported within constraining envelopes using a 2.25 g/t Au threshold, with an effective date of August 29, 2024
Resource update1911 Gold Initiates Surface Drill Program on New Exploration Targets at the True North Gold Mine
An initial 6,000 metre surface diamond drill program is set to begin in mid-October 2024 at the 100%-owned Rice Lake Gold property in Manitoba, targeting near-surface areas within the True North Gold Mine footprint. Three priority targets will be tested: San Antonio West (3 holes, 1,200m), San Antonio Southeast (4 holes, 2,500m) and Cohiba East (3 holes, 1,300m), with a further 1,000m allocated fo
Drill results