1911 Gold Initiates Surface Drill Program on New Exploration Targets at the True North Gold Mine
1911 Gold Initiates Surface Drill Program on New Exploration Targets
at the True North Gold Mine
Vancouver, British Columbia , October 3 , 2024 – 1911 Gold Corporation ("1911 Gold " or the
"Company") (TSXV: AUMB; OTCBB: AUMBF; FRA: 2KY) is pleased to announce the mobilization of a drill
rig for the 2024 surface drill program, commencing mid-October, 2024, at the Company’s 100% -owned
Rice Lake Gold property in Manitoba, Canada.
Highlights:
• Initial 6,000 metre (“m”) drill program planned to commence in mid-October, focusing on near
surface targets within the True North Gold Mine footprint
• Three (3) priority drill target areas generated through detailed data review, and updated
geological interpretation:
o San Antonio West Target, 3 drill holes totalling 1,200m testing a large target hosted
within the prolific San Antonio mafic with historical drill intercepts of up to 3.38m @ 7.93
grams per tonne (“g/t”) gold (“Au”) and 3.08m @ 9.80 g/t Au
o San Antonio Southeast Target, 4 drill holes totalling 2,500m testing a significant target
area located within the San Antonio mafic with historical drill assays of up to 3.20m @
6.25 g/t Au and 3.63m @ 4.01 g/t Au
o Cohiba East Target, 3 drill holes totalling 1,300m testing two subparallel structures,
covering the eastern extensions of the Cohiba mine, with historical drill intercepts of up
to 1.58m @ 41.51 g/t Au and 5.85m @ 8.39 g/t Au, including 2.74m @ 13.17 g/t Au
• An additional 1,000m have been allocated for follow-up drilling based on results
• Additional drill targets expected to be generated following finalization of the mineral resource
update later this month, focused on resource expansion drilling
Shaun Heinrichs, President & CEO, stated, “Our new team is very excited to be drilling several key targets
at our True North Mine asset. The three target areas each show significant potential to host high grade gold
mineralization and can be easily upgraded to mineral resources due to their close proximity to existing
infrastructure and underground mine workings. With the forthcoming mineral resource estimate update we
will also be looking to generate additional resource extension and expansion targets. The exploration team
has also identified additional new resource drill targets at depth which, combined with the pending resource
expansion targets and current shallow drill targets , highlight the significant potential to increase the gold
resource base at the True North Gold Mine.”
The 6,000m diamond drill program at the True North Gold Mine area has been designed to test the potential
of high-grade vein hosted gold mineralization defined by:
• Proximity to know mineralized veins and underground infrastructure
• Areas with historical gold mineralized drill intercepts outside of the current and pending new
resources
• Location within known shear zone corridors and their intersections with favourable host rocks
• Located within the first 400m from surface
Figure 1: Generalized True North Mine Geology Map with mine locations, surface projection of known
gold mineralized veins, interpreted shear zones and drill target areas
Figure 2: Isometric view looking NNE of the True North Mine Complex underground workings and
location of drill targets
San Antonio West target
The San Antonio West target occurs as a potential extension or subparallel gold mineralized vein system
to the historical San Antonio Zone at the True North Gold Mine. The San Antonio zone historically produced
1,309,351 ounces Au at a grade of 9.33 g/t Au. It represents a priority target hosted within the prolific San
Antonio mafic unit and the intersection with the Cartwright South shear zone. The drill targeted area is
located in proximity to the True North underground mine workings and is well defined by historical gold
mineralized drill intercepts along strike to the west (Figure 3 and 4) including the following:
• Drill Hole CW-06-069: 3.38m @ 7.93 g/t Au
• Drill Hole GAB-06-071: 1.62m @ 3.54 g/t Au
• Drill Hole GAB-60-012: 0.98m @ 8.91 g/t Au
• Drill Hole GAB-06-010: 0.79m @ 10.97 g/t Au
• Drill Hole GAB-28-014: 1.74m @ 6.54 g/t Au
• Drill Hole CW-06-073: 1.95m @ 4.05 g/t Au
Figure 3: Isometric view looking SW with the target
area location with the San Antonio Mine UG working
Figure 4: Isometric view looking SW of the target
area with historical gold mineralized intercepts and
planned drill hole intercepts
San Antonio Southeast target
The San Antonio Southeast target is a potential extension of the known gold mineralization within the San
Antonio Mine vein system. It is located on the intersection of the highly mineralized San Antonio Mafic unit
and the interpreted L10 and L10 South shear zones. This geological intersection hosts the historical gold
mineralization at the San Antonio zone within the True North Gold Mine and historically produced 1,309,351
ounces Au at a grade of 9.33 g/t Au.
The San Antonio Southeast target occurs in close proximity to underground mine workings and has been
historically drilled with significant gold intercepts, including the following (Figure 5 and 6):
• Drill Hole AB-07-003: 2.16m @ 12.90 g/t Au
• Drill Hole AB-10-001: 3.63m @ 3.67 g/t Au
• Drill Hole AB-06-006: 3.63m @ 4.01 g/t Au
• Drill Hole AB-06-005: 3.20m @ 6.25 g/t Au
• Drill Hole AB-06-002: 2.50m @ 4.02 g/t Au
• Drill Hole AB-06-008: 4.08m @ 3.33 g/t Au
Figure 5: Isometric view looking WSW with the
target area location with the San Antonio Zone
underground workings
Figure 6: Isometric view looking SW of the target
area with historical gold mineralized intercepts and
planned drill hole intercepts
Cohiba East target
The Cohiba East target occurs as two modelled subparallel veins (North Vein and South Vein located to
the East of the previously mined Cohiba zone. The targeted veins are located within the highly mineralized
volcanic breccia package and the intersection with the WSW (Cohiba-L13) shear zone. The target has been
historically drilled intersecting high-grade gold intercepts and occurs as the extensions of known vein hosted
gold mineralization (Figure 7 and 8):
• Drill Hole ST-11-006: 1.58m @ 41.51 g/t Au
• Drill Hole ST-11-006: 0.30m @ 18.86 g/t Au
• Drill Hole ST-11-008: 5.85m @ 8.39 g/t Au, including 2.74m @ 13.17 g/t Au
• Drill Hole ST-11-008: 1.83m @ 11.15 g/t Au
• Drill Hole ST-12-003: 1.89m @ 12.11 g/t Au
Figure 7: Plan view showing Cohiba Mine and vein system, interpreted shear zones and Cohiba East
North Vein and South Vein targets
Figure 8: Long section looking N of the North Vein and South Vein targets showing interpreted shear
zones (blue), historical gold mineralized intercepts and planned drill hole intercepts (light blue)
The current planned drill program testing targets within the True North Gold Mine complex is a results based
program and represents the start of a larger drill program. The program will be expanded to also target
extensions of the new updated resource due to be completed in October, 2024, new gold mineralized
targets at depth within the True North Mine area as well as new targets initially targeting new resources
within exploration targets outside of the True North Mine area and within the Company’s prolific 63,000
hectares (“ha”) land package covering the Rice Lake greenstone belt, including the Ogama-Rockland gold
resource area.
Quality Assurance/Quality Controls (QA/QC)
Core samples are collected by sawing the drill core along the axis in half, with one-half sample labelled,
placed in plastic sample bags and sealed and the other half retained for future reference. A batch of 20
samples are placed into durable rice bags and shipped to a certified commercial laboratory. A strict QA/QC
program will be applied to all samples, which includes insertion of certified gold mineralized standards and
blank samples at intervals of one every 20 samples, additional blanks will be inserted after samples hosting
visible gold. The gold analyses will be completed by fire-assay with an atomic absorption finish on 50 grams
of prepared material. Samples returning values greater or equal to 5.00 g/t Au will be reanalysed by fire
assay with a gravimetric finish. Total gold analyses (Screen Metallic Sieve) will be carried out on highly
mineralized samples or the presence of visible gold.
About 1911 Gold Corporation
1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more
than 63,000 ha within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns
the True North mine and mill complex at Bissett, Manitoba. 1911 Gold believes its land package is a prime
exploration opportunity, with potential to develop a mining district centred on the True North complex. The
Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near
Timmins, Ontario, and intends to focus on organic growth and accretive acquisition opportunities in North
America.
1911 Gold’s True North complex and exploration land package are located within the traditional territory of
the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining
open, co-operative and respectful communication with the Hollow Water First Nation, and all local
stakeholders, in order to build 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
www.1911gold.com
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SOURCE: 1911 Gold Corporation