1911 Gold Intersects High-Grade Gold at the Tinney Project
1911 Gold Intersects High-Grade Gold at the Tinney Project
TORONTO, ON, March 24, 2021 – 1911 Gold Corporation ("1911 Gold" or the "Company") (TSX-
V: AUMB) (OTCQX: AUMBF) reports that it has intersected high-grade gold in the initial drillhole of the
Phase II Drilling Program on the Edna-Otter target, located in the Tinney Project area within the Company’s
100% owned Rice Lake properties in Manitoba. High-grade gold has also been intersected at the adjacent
Cougar target in the Tinney project area, as well as at the Janet target, located in the Bidou project area 5
kilometres to the west (Figure 1).
Highlights:
• Drillhole EO-21-005 (Edna-Otter) intersected 8.1 g/t gold over 5.7 metres (includes 54.4 g/t
gold over 0.5 metres and 35.2 g/t gold over 0.5 metres, within 29.9 g/t gold over 1.5 metres),
followed downhole by 11.3 g/t gold over 1.6 metres, including 31.2 g/t gold over 0.5 metres
• Drillhole CG-21-006, collared 370 metres along strike to the southeast on the Cougar target,
returned 7.0 g/t gold over 1.3 metres, including 18.2 g/t gold over 0.4 metres
• Drillhole JT-21-004, collared to test the Janet target at depth, intersected several mineralized
zones, returning up to 10.0 g/t gold over 0.6 metres
• With Phase II drilling now concluded, the Company looks forward to continued news flow
from assay results over the coming weeks as it ramps up for the 2021 field exploration
campaign and begins planning for follow up drilling on several targets
Ron Clayton, President and CEO , commented: “Early results from our second round of drilling have been
very encouraging as we are consistently intersecting gold mineralization, and local high-grade gold, in
several areas, at depths shallower than the tops of many historic orebodies in the district. We are looking
forward to assay results from the remaining holes from Tinney and Bidou, which include deeper drillholes
in our primary target areas. Our exploration program continues to demonstrate the under-explored potential
of the Rice Lake greenstone belt”.
The Phase II Drilling Program successfully concluded on March 15, 2021, with the completion of fifty-nine
drillholes totaling 17,026 metres. Assay results for fourteen drillholes are reported here, in addition to the
nineteen drillholes reported previously. The Phase II program tested thirteen targets across five project
areas (Figure 1 and Figure 2) within 1911 Gold’s highly-prospective, district-scale land package, totalling
55,500 hectares, located at the western extent of the prolific Rice Lake–Red Lake greenstone belt.
Assay results are expected by early Q2 2021 for the final twenty-six drillholes from the program, including
twenty drillholes completed after freeze-up on priority targets in the Tinney and Bidou project areas.
Table 1: Assay results from Phase II drilling
Target Hole ID(1) Easting Northing Length Az. Incl. From To Length(2) Gold(3)
(NAD83, UTMZ15N) (m) (deg.) (deg.) (m) (m) (m) (g/t)
Edna-Otter EO-21-005 340564 5638754 201 020 -48 17.10 19.30 2.20 0.24
29.40 35.05 5.65 8.13
Inc. 33.55 35.05 1.50 29.88
Inc. 33.55 34.05 0.50 54.40
and 34.55 35.05 0.50 35.20
154.00 155.60 1.60 11.31
Inc. 154.60 155.10 0.50 31.20
183.10 186.15 3.05 0.24
EO-21-006 340515 5638790 230 020 -45 45.00 49.90 4.90 0.42
138.35 140.35 2.00 2.10
Inc. 139.85 140.35 0.50 6.29
EO-21-015 340626 5638923 267 200 -45 145.00 145.60 0.60 1.38
224.20 225.60 1.40 0.95
Tinney Shear TS-21-007 341217 5638214 371 197 -50 190.15 197.95 7.80 0.56
201.75 202.55 0.80 0.31
Cougar CG-21-003 340808 5638604 323 265 -61 101.15 101.80 0.65 1.34
126.50 127.50 1.00 2.52
133.45 135.30 1.85 1.15
Inc. 133.45 134.00 0.55 3.13
CG-21-005 340811 5638681 251 270 -55 182.70 184.81 2.11 0.21
CG-21-006 340861 5638541 323 265 -45 75.50 77.00 1.50 0.30
105.50 106.80 1.30 6.98
Inc. 105.50 105.90 0.40 18.20
Janet JT-21-004 335518 5638596 351 165 -60 71.90 72.50 0.60 0.55
74.70 77.30 2.60 1.00
81.30 82.30 1.00 0.34
84.85 85.35 0.50 0.51
86.80 87.30 0.50 4.05
163.85 164.40 0.55 1.39
166.70 167.20 0.50 4.09
247.20 247.80 0.60 9.96
249.45 250.15 0.70 2.56
JT-21-005 335705 5638621 351 170 -60 65.32 66.00 0.68 0.41
150.93 151.74 0.81 2.00
154.60 157.76 3.16 1.32
Osprey PM-21-005 306662 5664209 230 240 -50 NSV
PM-21-006 306649 5664342 350 240 -50 NSV
PM-21-007 306708 5664159 254 240 -55 NSV
Wanipigow East WP-21-002 308565 5659882 233 190 -53 NSV
WP-21-003 308064 5659987 401 170 -55 NSV
(1) Numbering reflects order in which drillholes were planned, rather than sequence of drilling
(2) Represents drillcore length; true widths are presently unknown
(3) All reported intervals are weighted averages; NSV, no significant values
Drilling Results
Drilling in the Tinney project area is focused on the Gunnar intrusion, a large synvolcanic porphyry dike in
the core of a regional-scale fold (Figure 1), as well as several shear structures that cut the dike and its
host rocks (basalt-gabbro). The combination of favourable competency (porphyry) and chemistry ( iron-
rich basalt-gabbro), coupled with the structural setting, represents an extremely compelling exploration
target.
Figure 3. Drill Hole Plan Map of Edna-Otter and Cougar Targets, Tinney Project
Drillhole EO-21-005 was collared on section with previously-reported drillhole EO-20-001 (see News
Release dated May 20, 2020) and was drilled on the opposite azimuth (Figure 3) to further constrain the
orientations of structures in the hangingwall of the Gunnar intrusion and to test it’s near-surface extent an
area that failed to yield gold values from surface sampling.
Drillhole EO-21-005 intersected fractured, altered and veined porphyry over a core length of 52 metres
from 15.5 to 67.5 metres downhole, including a central zone with visible gold in tourmaline-lined fractures
that returned 8.13 g/t gold over 5.65 metres (29.4 to 35.05 metres downhole). Included in this intercept
are intervals of higher-grade gold, including 29.88 g/t gold over 1.5 metres from 33.55 to 35.05 metres,
which includes 54.4 g/t gold over 0.5 metres from 33.55 to 34.05 metres and 35.2 g/t gold over 0.5 metres
from 34.55 to 35.05 metres. The local high-grade tenor of this mineralization, coupled with the substantial
width of altered porphyry, underscore the exploration potential of the Gunnar intrusion.
Further downhole, in the hangingwall of the Gunnar intrusion, EO-21-005 intersected 11.31 g/t gold over
1.6 metres from 154.0 to 155.6 metres downhole, including 31.2 g/t gold over 0.5 metres from 154.6 to
155.1 metres, associated with smoky quartz-sulphide (pyrrhotite-chalcopyrite) veins with visible gold
hosted by basalt at the contact of a minor porphyry intrusion.
Drillhole EO-21-006, collared 65 metres along strike to the northwest of EO-21-005 (Figure 3) and drilled
on the same azimuth, likewise intersected two zones of gold mineralization, yielding 0.42 g/t gold over 4.9
metres (45.0 to 49.9 metres downhole) within a 30-metre interval of altered and veined porphyry, followed
downhole by 2.1 g/t gold over 2 metres (138.35 to 140.35 metres downhole) hosted by a smoky quartz-
sulphide vein with visible gold in basalt, including 6.29 g/t gold over 0.5 metres (139.85 to 140.35 metres).
Drillhole EO-21-015, collared 180 metres to the northeast of EO-21-005 on the same section, and
designed to undercut it from the opposite direction, intersected several zones of alteration and quartz-
tourmaline veins in the Gunnar intrusion, yielding narrow zones of anomalous or low-grade gold values,
Assay results are pending for several additional drillholes designed to test for extensions of the high-
grade zones intersected in EO-21-005.
Initial Phase II drillholes on the Cougar target (CG-21-003, 005 and 006), located 300 metres southeast of
Edna-Otter, tested a north-south fault that cuts the Gunnar intrusion, yielding one significant intercept:
drillhole CG-21-006 returned 6.98 g/t gold over 1.3 metres from 105.5 to 106.8 metres downhole,
including 18.2 g/t gold over 0.4 metres, from smoky shear-hosted veins at the upper contact of the
Gunnar intrusion.
The first Phase II drillhole (TS-21-007) on the Tinney Shear target, located 500 metres along strike to the
southeast from the Cougar target, intersected the Gunnar intrusion at 250 metres depth, with strong
alteration and quartz veins over a 33-metre core length, and local anomalous gold values. Further up-
hole, intensely sheared and altered basalt, with minor smoky quartz veins, returned an intercept of 0.56
g/t gold over 7.8 metres. One additional drillhole has been completed to test this zone and the Gunnar
intrusion 80 metres along strike to the west, with assay results pending.
At the Bidou project (Figure 1), two drillholes tested the Janet target at depth, returning several gold
intercepts, including local high-grade gold, associated with stockwork quartz-tourmaline veins in altered
porphyry and basalt. This target has now been tested by wide-spaced drilling over 400 metres along
strike and up to 300 metres depth. New data from the nine drillholes now completed will be utilized to
vector toward potential high-grade zones within this large-scale system.
First pass drilling of targets at the Poundmaker (Osprey) and Wanipigow East projects (Figure 2), located
northwest of the True North complex , confirmed the presence of favourable host rocks and structures ,
locally with quartz veins and alteration, but did not yield significant assay results.
QA-QC Protocols
Sample handling, preparation and analysis are monitored through the implementation of formal chain- of-
custody procedures and quality assurance- quality control (QA-QC) programs designed to follow industry
best practices. Drillcore is logged and sampled in a secure facility located in Bissett, Manitoba. Drillcore
samples for gold assay are cut in half using a diamond saw and are submitted to Activation Laboratories
Ltd. (Actlabs) in Ancastor, Ontario, for preparation by crushing to 80% passing 2.0 millimetres, riffle splitting
to obtain 250-gram aliquots, and pulverizing to 95% passing 106 microns ; the pulverizer bowl is cleaned
with sand after each sample. Pulps are analyzed by a 30-gram fire assay and AAS finish. For assays above
5 g/t Au, a cut of the original pulp was re- assayed with a gravimetric finish. Samples with visible gold are
analyzed by metallic screen assay, with the weighted average of gold for the entire sample reported, based
on fire assays of the screen oversize and undersize fractions. In addition to Actlabs’ in- house QA -QC
protocols, 1911 Gold inserts certified standards, non-certified blanks and field duplicates into the sample
stream at regular intervals, such that QA-QC accounts for 10% of the total samples submitted. Results are
routinely evaluated for accuracy, precision and contamination.
Qualified Person Statement
Technical information in this news release has been prepared, reviewed and approved by Dr. Scott
Anderson, Ph.D., P.Geo., the Company’s Vice President, Exploration, and Qualified Person as defined by
Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About 1911 Gold Corporation
1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling 55,500
hectares 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, where it is reprocessing historic tailings on a
seasonal basis. 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 Tully and Denton-
Keefer projects near Timmins, Ontario, and intends to focus on both organic growth opportunities 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 in order to build
mutually beneficial working relationships.
ON BEHALF OF THE BOARD OF DIRECTORS
Ron Clayton
President and CEO
For further information, please contact:
Shaun Heinrichs
Chief Financial Officer
(604) 674-1293
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release may contain forward- looking statements. Often, but not always, forward- looking
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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 Company'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, statements about exploration plans and the timing and results thereof , 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 from 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.
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SOURCE: 1911 Gold Corporation