Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

AUMB.V ·

1911 Gold Confirms Resource Continuity in Underground Infill and Delineation Drilling at True North

Exploration Programs

1911 Gold Confirms Resource Continuity in Underground Infill and

Delineation Drilling at True North

Vancouver, British Columbia , March 11, 2026 – 1911 Gold Corporation ("1911 Gold " or the

"Company") (TSXV: AUMB; OTCQX: AUMBF; FRA: 2KY) is pleased to provide assay results from the

underground drill program at the Company’s wholly-owned operational and fully permitted True North Gold

Project (“True North”), located in southeast Manitoba, Canada.

These assay results represent twenty -five (25) drill holes for 3,894 metres (“ m”) from the infill and

delineation drill program on the mineral resources outlined within the mine plan in the recent Preliminary

Economic Assessment (“ PEA”), in preparation for development and mining activities (see press release

dated February 10, 2026, “1911 Gold Delivers Positive PEA for True North Highlighting Robust Economics

with Low Capital Intensity and High Returns”).

Drilling Highlights:

• Drilling results have confirmed the continuity of gold (“Au”) mineralization within the mineral

resources outlined in the PEA mine plan for the early years of mining on the V-810 vein within

the Hinge Zone (“Hinge”), and the V-1030/V-1040 vein within the L10 Zone (“L10”), both located

adjacent to Level 16 (695 metres below surface) of the True North mine.

• Hinge Infill and Delineation Drill Program – drilling confirmed continuity of the targeted V-810

vein and returned wider widths on average than the modelled vein, with the following

highlighted results:

o UG16-25-006: Intersected 10.03 grams per tonne (“g/t”) Au over 1.10 m (at 136.80 m

downhole depth), including 12.91 g/t Au over 1.70 m, including 14.50 g/t Au over 0.50 m

o UG16-25-015: Intersected 10.79 g/t Au over 2.20 m (at 119.70 m downhole depth), including

12.91 g/t Au over 1.70 m, including 14.60 g/t Au over 1.10 m

o UG16-25-017: Intersected 6.62 g/t Au over 3.40 m (at 135.60 m downhole depth), including

23.60 g/t Au over 0.70 m

o UG16-25-027: Intersected 5.23 g/t Au over 2.00 m (at 118.70 m downhole depth)

o UG16-25-028: Intersected 4.75 g/t Au over 2.90 m (at 131.80 m downhole depth), including

10.60 g/t Au over 0.60 m

o UG16-26-031: Intersected 5.02 g/t Au over 6.00 m (at 108.70 m downhole depth), including

11.45 g/t Au over 1.70 m, including 15.90 g/t au over 0.80 m

o UG16-26-034: Intersected 6.65 g/t Au over 2.20 m (at 121.90 m downhole depth), including

9.72 g/t Au over 0.60 m, and 7.88 g/t Au over 0.80 m

o UG16-26-035: Intersected 3.83 g/t Au over 2.90 m (at 123.30 m downhole depth), including

9.59 g/t Au over 0.90 m

• L10 Infill Drill Program – drilling confirmed the continuity of V-1040, with the following

highlighted result:

o UG16-25-009: Intersected 4.38 g/t Au over 1.00 m (at 162.20 m downhole depth)

Shaun Heinrichs, President and CEO stated, “We are pleased to provide the first set of drill results from

our underground infill and delineation drill program as we systematically de-risk True North for a production

restart next year . The drilling at Hinge and L10 not only confirms the continuity of gold mineralizatio n in

these veins but also demonstrates that these zones are wider on average than previously modelled . The

ongoing drill program is focussed on infill and delineation drilling in areas that are included in the first years

of mining within the PEA mine plan and support the bulk sample and test mining activities scheduled for

later this year. We look forward to providing additional results as we continue to advance undergroun d

activities at True North.”

2

The underground infill and delineation drill program commenced on Level 16 with one (1) drill rig on October

1, 2025, with a second drill rig added on November 6, 2025. Initial drilling focused on two areas scheduled

for early production in the PEA mine plan that are readily accessible from the existing Level 16 development.

Current development drilling continues to focus on upgrading and delineating the resources for the initial

years of the mine schedule and supporting the upcoming bulk sampling and test mining activities.

Exploration Drilling

Beyond the immediate mine plan, 1911 Gold has been testing new target areas within the True North mine

footprint. This includes underground drilling on the new Shore target and the San Antonio Southeast (“SAM

SE”) depth extensions, as well as testing the extensions of mineral resources included in the PEA mine

plan. Additional underground drill results on the potential new resource targets and resource expansion

areas will be released upon receipt of final assay results.

Two (2) surface drill rigs have also been mobilized to test the near-surface extensions of gold mineralization

previously intersected at San Antonio West, SAM SE and Shore targets. Drilling is ongoing, and additional

results will be released as they become available.

Figure 1: Isometric View (looking NW) of True North Mine-Hinge Zone and L10 Zone

3

Figure 2: Plan View-True North Mine (Level 16)-Hinge and L10 Infill and Delineation Drilling

Figure 3: Plan View (Expanded View)-True North Mine (Level 16)-L10 Infill Drilling Highlighted

Results

4

Figure 4: Inclined Long Section (Looking North)-Hinge Vein V-810 Infill and Delineation Drilling

Highlighted Results

Table 1: Select Significant Drill Results from Hinge and L10 Infill and Delineation Drill Program at

True North

Target Area

(vein name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Gold Grade

(g/t Au)

Type of

Drilling

Hinge V-810 UG16-25-004 117.30 118.60 1.30 2.83 Infill

Hinge V-810 UG16-25-005 122.50 123.90 1.40 2.44 Infill

Hinge V-810 UG16-25-006 136.80 137.90 1.10 10.03 Infill

Including 136.80 137.30 0.50 14.50 Infill

Including 137.30 137.90 0.60 6.31 Infill

Hinge V-810 UG16-25-010 120.70 123.30 2.60 2.61 Delineation

Including 122.80 123.30 0.50 6.51 Delineation

Hinge V-810 UG16-25-011 No Significant Results (NSV) Delineation

Hinge V-810 UG16-25-013 117.10 117.70 0.60 3.77 Delineation

Hinge V-810 UG16-25-015 119.70 121.90 2.20 10.79 Delineation

Including 119.70 121.40 1.70 12.91 Delineation

Including 120.30 121.40 1.10 14.60 Delineation

Hinge V-810 UG16-25-017 135.60 139.00 3.40 6.62 Delineation

Including 136.20 136.90 0.70 23.60 Delineation

Hinge V-810 UG16-25-021 131.80 132.80 1.00 4.33 Delineation

Hinge V-810 UG16-25-022 113.90 114.70 0.80 3.60 Delineation

Hinge V-810 UG16-25-023 137.60 139.90 2.30 4.76 Delineation

Hinge V-810 UG16-25-025 No Significant Results (NSV) Delineation

Hinge V-810 UG16-25-026 No Significant Results (NSV) Delineation

Hinge V-810 UG16-25-027 118.70 120.70 2.00 5.23 Delineation

Hinge V-810 UG16-25-028 131.80 134.70 2.90 4.75 Delineation

Including 133.20 133.80 0.60 10.60 Delineation

Hinge V-810 UG16-25-030 117.50 118.20 0.70 3.88 Delineation

Hinge V-810 UG16-25-031 108.70 114.70 6.00 5.02 Delineation

Including 111.80 113.50 1.70 11.45 Delineation

Including 112.70 113.50 0.80 15.90 Delineation

5

Target Area

(vein name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Gold Grade

(g/t Au)

Type of

Drilling

Hinge V-810 UG16-25-032 135.20 136.90 1.70 3.95 Delineation

Hinge V-810 UG16-25-034 121.90 124.10 2.20 6.65 Delineation

Including 121.90 122.50 0.60 9.72 Delineation

Including 122.50 123.30 0.80 7.88 Delineation

Hinge V-810 UG16-25-035 123.30 126.20 2.90 3.83 Delineation

Including 125.30 126.20 0.90 9.59 Delineation

Hinge V-810 UG16-25-036 No Significant Results (NSV) Delineation

L10 V-1030/V-1040 UG16-25-008 133.70 135.00 1.30 2.31 Infill

L10 V-1030/V-1040 UG16-25-009 162.20 163.20 1.00 4.38 Infill

L10 V-1030/V-1040 UG16-25-012 163.10 163.90 0.80 2.60 Infill

Notes: Moved the intercepts

1) Intercepts above a cut-off grade of 2.25 g/t Au

2) Maximum of 2.50 m internal dilution and no top capping applied

3) Intervals represent drill core length and are considered to represent 60% to 90% of true widths

4) Drill hole Information included in Table 3

Hinge (V-810) Infill and Delineation Drilling

Underground infill and delineation drilling was designed to test the continuity of gold mineralization of the

V-810 vein located within the Hinge Zone as outlined for development and mining in the early years of the

PEA mine plan. Results reported today are from twenty-one (21) drill holes totaling 3,143 m. Drill targets

were set up on nominal 15 m drill hole spacing to upgrade indicated resources to the measured resource

category.

Assay results returned the following highlights and preliminary definition of an approximate 120 m long and

100 m wide zone plunging N13E/52° hosted within the Hinge Dacitic breccia unit and the intersection of the

regional mineralized Hinge shear zone. All mineralized intercepts are characterized by quartz -carbonate

shear veins and vein breccias with sericite, chlorite alteration and pyrite disseminated and in veinlets. The

V-810 vein modelled in this zone had an average width of 1.2 m, diluted to 1.5 m minimum width in the PEA

mine plan. Drill holes intercepted the modelled vein structure within the targeted V-810 vein over wider

widths on average than the current modelled vein and defined a ~40 m wide high er grade gold core with

the following highlighted results.

Drill hole UG16-25-006 intercepted 10.03 g/t over 1.10 m (at 136.80 m downhole depth) , including 14.50

g/t Au over 0.50 m; UG16-25-010 intersected 9.87 g/t over 1.60 m Au (at 149.40 m downhole depth); UG16-

25-015 intercepted 10.79 g/t Au over 2.20 m (at 119.70 m downhole depth), including 14.60 g/t Au over

1.10 m over 0.70 m ; UG16-25-017 intercepted 6.62 g/t Au over 3.40 m (at 135.60 m downhole depth),

including 23.60 g/t Au over 0.70 m ; UG16-25-027 intercepted 5.23 g/t Au over 2.00 m (at 118.70 m

downhole depth); UG16-25-028 intercepted 4.75 g/t Au over 2.90 m (at 131.80 m downhole depth),

including 10.60 g/t Au over 0.60 m ; UG16-25-031 intercepted 5.02 g/t Au over 6.00 m (at 108.70 m

downhole depth), including 15.90 g/t Au over 0.80 m; UG16-25-034 intercepted 6.65 g/t Au over 2.20 m (at

121.90 m downhole depth), including 9.72 g/t Au over 0.60 m; and drill hole UG16-25-035 intercepted 3.83

g/t Au over 2.90 m (at 123.30 m downhole depth), including 9.59 g/t Au over 0.90 m.

Additional infill and delineation drill holes from Hinge will be released upon receipt of final assay results.

L-10 (V-1030/V-1040) Infill Drilling

A total of four (4) drill holes for 750 m of drilling was completed as infill drilling on areas with wider drill

spacing on L10, also located on Level 16, as outlined for development and mining in the early years of the

PEA mine plan. One (1) drill hole (UG16-25-009) deviated and did not intersect the targeted area and was

replaced by drill hole UG16-25-014.

L10 is hosted within the Shoreline Basalt unit on the intersection with the regional mineralized L10 shear

zone and is characterized by gold mineralized quartz-carbonate shear veins and vein breccias with sericite,

chlorite alteration and pyrite disseminated and in veinlets, with highlighted results below.

The continuity of the V-1040/V-1030 veins was confirmed with drill holes UG16-25-008 which intercepted

2.31 g/t Au over 1.30 m (at 133.70 m downhole depth); UG16-25-012 intercepted 2.60 g/t Au over 0.90 m

(at 163.10 m downhole depth).

6

Drill hole UG16-25-009 deviated and did not intersect the targeted area but intercepted possible extensions

of L10 returning 4.38 g/t Au over 1.00 m (at 162.20 m downhole depth, potential extension of vein V-1040)

and 4.35 g/t Au over 1.50 m (at 198.10 m downhole depth, potential down plunge extension of vein V-

1030).

Table 2: Select Significant Drill Results from Hinge and L10 Infill and Delineation Drill Program

(Intercepts that occur outside of the modelled veins within the PEA mine plan)

Target Area

(vein name)

Drill Hole

(number)

From

(m)

To

(m)

Interval

(m)

Gold Grade

(g/t Au)

Type of

Drilling

Hinge V-810 UG16-25-006 116.10 116.70 0.60 4.45 Infill

131.40 132.60 1.20 6.74 Infill

Hinge V-810 UG16-25-010 149.40 151.00 1.60 9.87 Delineation

Including 150.20 151.00 0.80 17.30 Delineation

Hinge V-810 UG16-25-017 119.50 120.30 0.80 15.00 Delineation

143.90 145.10 1.20 12.17 Delineation

Including 143.90 144.60 0.70 19.30 Delineation

Hinge V-810 UG16-25-023 124.70 125.60 0.90 3.69 Delineation

Hinge V-810 UG16-25-030 108.20 109.10 0.90 5.91 Delineation

Hinge V-810 UG16-25-032 118.50 119.50 1.00 3.60 Delineation

131.10 131.60 0.50 2.37 Delineation

Hinge V-810 UG16-25-034 102.80 103.60 0.80 2.43 Delineation

Hinge V-810 UG16-25-035 92.20 93.20 1.00 8.48 Delineation

99.10 99.70 0.60 3.40 Delineation

Hinge V-810 UG16-25-036 90.00 90.60 0.60 5.05 Delineation

97.80 99.70 1.90 3.61 Delineation

L10 V-1030/V-1040 UG16-25-009 173.80 174.70 0.90 3.43 Infill

198.10 199.60 1.50 4.35 Infill

L10 V-1030/V-1040 UG16-25-012 70.60 71.20 0.60 6.74 Infill

L10 V-1030/V-1040 UG16-25-014 89.20 90.30 1.10 2.46 Infill

Notes:

1) Intercepts above a cut-off grade of 2.25 g/t Au

2) Maximum of 2.50 m internal dilution and no top capping applied

3) Intervals represent drill core length and are considered to represent 60% to 90% of true widths

4) Drill hole Information included in Table 3

5) Newly intercepted veins not in the current resource model or PEA mine plan

A number of drill holes also intercepted mineralization outside of the currently modelled veins and which

are not included in the PEA mine plan. Final results from additional holes intersecting potential new veins

at Hinge are pending.

Preliminary interpretation indicates a vein system parallel to the Hinge vein V-810, and the L10 veins V-

1030/V-1040, which occur outside of the modeled wireframes supporting the 2024 mineral resource

estimate and will be further interpreted and modelled to define potential resource additions (see technical

report entitled “NI 43-101 Technical Report on the True North Gold Project, Bissett, Manitoba, Canada” ,

prepared by Lions Gate Geological Consulting Inc. and 1911 Gold, dated December 23, 2024).

Table 3: True North Drill Hole Details (UTM NAD83 Zone 15)

Drill Hole

(Number)

Target

(Name)

Northing*

(m)

Easting*

(m)

Elevation

(masl)

Azimuth

(°)

Inclination

(°)

Depth

(m)

UG16-25-004 Hinge V-810 313216 5656163 -464 04 42 145.5

UG16-25-005 Hinge V-810 313216 5656163 -464 20 37 141

UG16-25-006 Hinge V-810 313216 5656163 -463 03 58 147

UG16-25-008 L-10 V-1040 313301 5655949 -464 284 -23 141

UG16-25-009 L-10 V-1040 313301 5655948 -464 260 -21 231

UG16-25-010 Hinge V-810 313215 5656163 -465 08 20 153

7

Drill Hole

(Number)

Target

(Name)

Northing*

(m)

Easting*

(m)

Elevation

(masl)

Azimuth

(°)

Inclination

(°)

Depth

(m)

UG16-25-011 Hinge V-810 313215 5656163 -464 349 39 135

UG16-25-012 L10 V-1040 313300 5655948 -464 257 -5 180

UG16-25-013 Hinge V-810 313215 5656163 -464 11 46 144

UG16-25-014 L10 V-1040 313300 5655948 -464 262 -14 198.8

UG16-25-015 Hinge V-810 313215 5656163 -465 09 29 138

UG16-25-017 Hinge V-810 313216 5656162 -462 07 66 171

UG16-25-021 Hinge V-810 313216 5656163 -464 00 49 141

UG16-25-022 Hinge V-810 313216 5656163 -464 00 36 141

UG16-25-023 Hinge V-810 313216 5656163 -463 347 62 171

UG16-25-025 Hinge V-810 313215 5656163 -464 338 50 144

UG16-25-026 Hinge V-810 313215 5656163 -464 343 43 141

UG16-25-027 Hinge V-810 313216 5656163 -464 18 44 150

UG16-25-028 Hinge V-810 313215 5656163 -463 355 54 139.3

UG16-26-030 Hinge V-810 313216 5656163 -464 05 51 147

UG16-26-031 Hinge V-810 313215 5656163 -464 355 43 144

UG16-26-032 Hinge V-810 313215 5656163 -463 344 55 147

UG16-26-034 Hinge V-810 313216 5656163 -464 39 48 180

UG16-26-035 Hinge V-810 313217 5656163 -464 30 38 162

UG16-26-036 Hinge V-810 313217 5656163 -465 28 26 162

Qualified Person Statement

The scientific and technical information in this news release has been reviewed and approved by Mr.

Michele Della Libera, P.Geo, Vice-President Exploration of 1911 Gold Corporation, who is a “Qualified

Person” as defined under NI 43-101.

Quality Assurance/Quality Controls (QA/QC)

Whole core is sampled for the delineation drilling and half core for the infill drilling, with samples placed in

plastic sample bags, labelled, sealed and despatched for analysis. Batches are shipped to Activation

Laboratories Ltd. (Actlabs), in Thunder Bay, Ontario for sample preparation and analysis. Samples are

dried, crushed to 2mm and a 1 kg split is pulverized to -200 mesh. Gold analysis is completed by fire-assay

with an atomic absorption finish on 50 grams of prepared pulp. Samples returning values equal or greater

to 10.00 g/t are reanalysed by fire assay with a gravimetric finish. Total gold analysis (Screen Metallic Sieve)

is conducted on highly mineralized samples or the presence of visible gold. Certified gold reference material

samples are inserted every 20 samples and blank samples at intervals of one in every 50 samples, with

additional blanks inserted after samples hosting visible gold. Repeat third-party gold analyses for 5% of all

submitted sample pulps are analyzed at ALS-Chemex Laboratory, North Vancouver, Canada.

About 1911 Gold Corporation

1911 Gold is an advanced gold explorer and developer focused on its 100%-owned True North Gold Project

in the Archean Rice Lake Greenstone Belt in Manitoba, Canada. The Company controls a large, highly

prospective ~62,000-hectare land package with numerous past -producing gold operations within trucking

distance of the fully built and permitted True North mine and mill complex. 1911 Gold is positioning itself to

restart operations in 2027 and offers a unique, near-term production opportunity with significant exploration

8

upside. The strategy is to build a district -scale gold mining operation around a central, and readily

expandable infrastructure complex to support a socially and environmentally responsible, long-term mining

operation with little development risk and a growing mineral resource base.

1911 Gold's True North complex and the exploration land package are located within and among the First

Nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks

forward to maintaining open, cooperative, and respectful communications with all of our local communities

and stakeholders to foster mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Shaun Heinrichs

President and CEO

For further information, please contact:

Shaun Heinrichs

Chief Executive Officer

(604) 674-1293

[email protected]

www.1911gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward -looking statements. Often, but not always, forward -looking

statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is

expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate",

or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions,

events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward -looking statements reflect the Company's beliefs and assumptions based on information

available at the time the statements were made. Actual results or events may differ from those predicted in

these forward-looking statements. All of the Compa ny's forward-looking statements are qualified by the

assumptions that are stated or inherent in such forward -looking statements, including the assumptions

listed below. Although the Company believes that these assumptions are reasonable, this list is not

exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and

other factors which may cause the actual results, performance or achievements to be materially different

from any future results, prediction, projection, forecast, performance or achievements expressed or implied

by the forward-looking statements. All statements that address expectations or projections about the future,

including, but not limited to, the Company’s current business plans, including the ongoing underground and

surface drill program, and the timing and results thereof; development programs and the planned test

mining and bulk sample program, leading towards a potential mine restart in 2027; and generally, the plans,

operations and prospects of the Company, are forward -looking statements. Although 1911 Gold has

attempted to identify important factors that could cause actual actions, events or results to differ materially

from those described in forward-looking statements, there may be other factors that cause actions, events

or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking

statements will prove to be accurate, as actual results and future events could differ materially fr om those

anticipated in such statements. Accordingly, readers should not place undue reliance on forward -looking

statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company

disclaims any intention or obligation to update or revise any forward-looking statements whether as a result

of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.