1911 Gold Intersects up to 58.66 g/t Gold over 1.40 m on San Antonio West Zone at True North
1911 Gold Intersects up to 58.66 g/t Gold over 1.40 m on San Antonio
West Zone at True North
Vancouver, British Columbia, June 10, 2025 – 1911 Gold Corporation ("1911 Gold" or the "Company")
(TSXV: AUMB; OTCBB: AUMBF; FRA: 2KY) is pleased to announce the assay results from twelve (12) drill
holes for 3,208.0 metres (“m”) from the ongoing surface drill program at the True North Gold Project. The
True North project , including a permitted mill, camp, and tailings facility, is centrally located within the
Company’s 100%-owned Rice Lake Gold property in southeast Manitoba, Canada.
Highlights:
• Drilling has continued to expand the near-surface quartz vein hosted gold (“Au”) mineralization
on the new San Antonio West (“SAM West”) target along strike and to depth
San Antonio West Target
• Drill results confirmed the western and down dip extensions of gold mineralization within the
prolific San Antonio mafic unit up to 350 m down dip and 500 m along strike, including:
- TN-25-057: Intersected 58.66 grams per tonne (g/t) Gold (Au) over 1.40 m at a downhole
depth of 145.00 m, including 63.20 g/t Au over 0.90 m and 50.50 g/t Au over 0.50 m
- TN-25-056: Intersected 9.59 g/t Au over 2.30 m at a downhole depth of 103.10 m, including
11.25 g/t Au over 1.80 m, including 21.30 g/t Au over 0.50 m
- TN-25-058: Intersected 10.40 g/t Au over 1.00 m at a downhole depth of 249.30 m
“These are some of the best results we’ve seen to date from the San Antonio West target .”, Shaun
Heinrichs, CEO and President, stated, “The drilling confirms the potential definition of high-grade ore shoots
within the SAM West target zone, and further supports our geological model. These results build the case
for continued underground exploration, where we see significant potential to define and expand new and
existing mineral resources within the mine infrastructure.”
Figure 1: True North: Geology and SAM West and Gate Drill Hole Location Map
1911 Gold has completed fifty-one (51) surface drill holes, for a total of 11,695. 4 m on the current drill
program, which commenced in October 2024 on new exploration targets located within the True North Gold
mine footprint. The results of seven (7) new drill holes for 1,928.0 m from the San Antonio West target and
five (5) initial drill holes for a total of 1,280.00 m from the Gate target are included in this release. New
targets have been generated and drill tested within prospective host rock s and mineralized structural
settings, including significant historical drill results. The results from nine (9) additional exploration drill holes
are currently pending. Additional drill planning is underway on the San Antonio West and San Antonio
Southeast targets and will commence when access to the Mine site is permitted (see press release entitled
“1911 Gold Temporarily Suspends Operation at True N orth Complex due to Bissett Evacuation Order” ,
dated May 30, 2025). The exploration drilling plan includes up to 30,000 m of drilling by the end of 2025.
San Antonio West Target: Discussion of Results
Drilling completed to date has confirmed the extensions of gold mineralization within the SAM gabbro to
over 600 m west of the historically mined San Antonio zone, covering an area 500 m long and over 260 m
to depth, dipping 50 º to the northeast . Twenty-one (21) drill holes for a total of 4,220.0 m have been
completed to date on the SAM West target area.
Figure 2: BB’ True North Cross Section* (Looking NW)
*San Antonio Mine underground workings projected 400 m from the east
The latest drill holes, comprised of seven (7) new drill holes for 1,928.0 m, extended the footprint of
mineralization 100 m down dip from the results announced on April 30, 2025 (see press release entitled
“1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West at True North”).
Drill hole TN-25-056, designed to undercut high grade gold mineralization intersected in drill hole TN -25-
037 (1.00 m @ 8.73 g/t Au, 1.00 m @ 62.40 g/t Au and 0.70 m @ 6.09 g/t Au and 4.50 m @ 4.17 g/t Au),
intersected 2.30 m @ 9.59 g/t Au, including 1.80 m @ 11.25 g/t Au and 0.50 m @ 21.30 g/t Au. Drilling
successfully extended the gold mineralization approximately 50 m down dip and returned high-grade gold
results.
Drill hole TN -25-057 (1.40 m @ 58.66 g/t Au) tested the down- dip extensions of the high- grade gold
intercepts of previously released holes TN-24-043 (1.00 m @ 12.50 g/t Au) and TN-24-045 (3.70 m @ 6.84
g/t Au, including 1.40 m @ 12.40 g/t Au and 2.70 m @ 5.30 g/t Au, including 0.50 m @ 11.30 g/t Au). Drilling
successfully intercepted high-grade gold mineralization approximately 160 m down dip.
Drill hole TN-25-058 (0.50 m @ 10.40 g/t Au) designed to test the 160 m down- dip extension of the gold
mineralization from hole TN-25-056, intersected three distinct gold mineralized veins extending the multiple
vein structures to 340 m depth.
Table 1: Select Significant Drill Hole Assay Results
Target Area
(name)
Drill Hole
(number)
From
(m)
To
(m)
Interval
(m)
Au
(g/t)
SAM West TN-25-039 10.00 10.50 0.50 2.95
64.40 65.30 0.90 2.86
SAM West TN-25-041 21.30 22.20 0.90 2.59
SAM West TN-25-056 103.10 105.40 2.30 9.59
Including 103.10 104.90 1.80 11.25
Including 103.10 103.60 0.50 21.30
SAM West TN-25-057 145.00 146.40 1.40 58.66
Including 145.00 145.90 0.90 63.20
and 145.90 146.40 0.50 50.50
SAM West TN-25-058 201.90 203.40 1.50 2.84
237.60 238.10 0.50 3.62
249.30 249.80 0.50 10.40
275.90 276.40 0.50 3.65
SAM West TN-25-060 237.20 237.80 0.60 3.97
241.20 242.00 0.80 3.44
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) Full Significant Assay Results included in Table 2
5) Drill hole Information included in Table 3
Drilling has further confirmed the existence of up to three (3) vein zones hosted within the target gabbro
unit, supporting the potential to mine multiple zones on levels as conducted historically (see press release
entitled “1911 Gold Intersects 62.40 g/t Au over 1.00 m on San Antonio West at True North”, dated April
30, 2025). Planning for the next phase of drilling on the SAM West target is ongoing.
San Antonio West Target
The San Antonio West target is located west of the historically mined San Antonio zone of the True North
Gold Mine. The San Antonio West target occurs within the gabbro of the San Antonio mafic unit and the
intersection with the Cartwright South mineralized shear zone. The SAM gabbro hosts the majority of the
known gold mineralization within the True North Mine and historically produced 1,309,351 ounces Au at an
average grade of 9.33 g/t Au from San Antonio (see technical report entitled “NI 43- 101 Technical Report
on the True North Gold Project, Bissett, Manitoba, Canada, dated December 23. 2024). Drilling has now
confirmed gold mineralization in quartz -carbonate shear veins with sericite, chlorite, minor tourmaline
alteration and up to 2% disseminated and veinlet-hosted pyrite. The target occurs as a vein system parallel
to the San Antonio Mine ore body, with the same geological, alteration and mineralization characteristics.
Gold mineralization has been traced over a strike length of 500 m and to 360 m down di p.
Figure 3: AA' Long Section of San Antonio West Target (Looking Northeast)
Figure 4: Expanded Long Section (AA') of San Antonio West with drill intercepts (View to NE)
Figure 5: Isometric view of SAM West target area with high-grade gold intercepts (Looking NW)
Gate Target
The Gate target was defined to explore for potential gold mineralization on the intersection of the Cartwright
South and L13 shear zone s with the Shoreline Basalt unit. Five (5) drill holes, totalling 1,280.00 m (see
Table 3), were completed on this target. All drill holes intercepted well-developed quartz veining hosted
within sediments, with drill hole TN -25-044 intersecting 0.90 m @ 1. 30 g/t Au and drill hole T N-25-049
intersecting 0.90 m @ 0.57 g/t Au. Drilling did not intersect wide sections of basalt, which host the majority
of mineralization in this unit at True North. Additional interpretation is ongoing to define the basalt flows
within the Shoreline Basalt unit, which in this area appear to occur as discontinuous lenses intercalated
within sediments. Interpretation, modelling and drill targeting are ongoing to define potential extensions of
the basalt unit hosting gold mineralization.
Site Access Update
Recent rainfall, favourable winds, and cooler temperatures have eased wildfire conditions in the region;
however, the Town of Bissett and the Company’s True North site remain under evacuation as a
precautionary measure. Fire crews continue to make progress in the area. Company facilities have not
been impacted, and the Company expects to resume site activities once it is deemed safe to do so.
Next Steps
Building on the strong results achieved to date on new exploration targets and the compelling targets to
expand the current resource, 1911 Gold is advancing plans to initiate underground exploration drilling. Once
site access is re-established, the Company will continue preparing multiple underground levels to facilitate
this next phase of work. Targeting is well underway, focusing on high-priority areas that offer meaningful
resource expansion potential and support the mine plan currently under development. Mobilization of drill
rigs to key underground levels is expected later this summer. Concurrently, the Company is actively
evaluating additional targets across the property and advancing the redevelopment of the high-grade, near-
surface Ogama-Rockland 43-101 mineral resource, located 25 km by road east of the True North complex.
*Composites above 0.5 g/t Au and metal factor above 0.5 Au “gxm”
Table 2: True North; Select Drill Hole Assays
Target Area
(name)
Drill Hole
(number)
From
(m)
To
(m)
Interval
(m)
Au*
(g/t)
SAM West TN-25-039 10.00 10.50 0.50 2.95
18.00 20.60 2.60 0.93
48.00 49.00 1.00 1.11
64.40 65.30 0.90 2.86
SAM West TN-25-041 9.00 10.00 1.00 0.87
20.50 21.30 0.80 0.87
21.30 22.20 0.90 2.59
22.20 22.80 0.60 0.76
28.40 29.30 0.90 2.07
Gate TN-25-044 10.10 11.00 0.90 1.30
Gate TN-25-046 No Significant Values
Gate TN-25-047 No Significant Values
Gate TN-25-049 89.90 90.80 0.90 0.57
Gate TN-25-050 No Significant Values
SAM West TN-25-056 100.70 102.30 1.60 1.42
103.10 105.40 2.30 9.59
Including 103.10 104.90 1.80 11.25
Including 103.10 103.60 0.50 21.30
106.80 112.40 5.60 1.09
SAM West TN-25-057 136.60 140.80 4.20 0.63
145.00 146.40 1.40 58.66
Including 145.00 145.90 0.90 63.20
and 145.90 146.40 0.50 50.50
147.20 151.00 3.80 0.60
187.30 187.80 0.50 0.95
201.60 203.40 1.80 1.06
210.50 211.50 1.00 0.93
217.50 218.00 0.50 1.93
303.40 304.10 0.70 1.08
SAM West TN-25-058 97.10 97.80 0.70 1.46
100.00 101.70 1.70 1.22
115.70 116.20 0.50 1.01
118.20 119.20 1.00 0.93
198.00 199.40 1.40 0.79
201.90 203.40 1.50 2.84
214.90 215.60 0.70 2.06
237.60 238.10 0.50 3.62
247.30 248.30 1.00 1.06
249.30 249.80 0.50 10.40
275.90 276.40 0.50 3.65
SAM West TN-25-059 339.70 340.80 1.10 2.07
SAM West TN-25-060 215.20 216.30 1.10 1.87
237.20 237.80 0.60 3.97
240.20 241.20 1.00 1.13
241.20 242.00 0.80 3.44
252.30 254.50 2.20 0.57
290.20 290.90 0.70 0.63
313.30 314.80 1.50 1.12
Table 3: True North; Drill Hole Details
Drill Hole
(Number)
`Target
(Name)
Northing*
(m)
Easting*
(m)
Elevation
(masl)
Azimuth
(°)
Inclination
(°)
Depth
(m)
TN-25-039 SAM West 5655810 311885 251 197 -70 131
TN-25-041 SAM West 5655810 311885 251 230 -45 110
TN-25-044 Gate 5655940 312204 257 129 -56 176
TN-25-046 Gate 5655940 312204 257 106 -48 269
TN-25-047 Gate 5655940 312204 257 74 -59 372
TN-25-049 Gate 5655800 312446 250 89 -45 194
TN-25-050 Gate 5655800 312446 250 71 -52 269
TN-25-056 SAM West 5655890 311918 259 350 -71 302
TN-25-057 SAM West 5655890 311918 259 327 -57 320
TN-25-058 SAM West 5655895 311924 251 56 -72 299
TN-25-059 SAM West 5655933 311986 248 348 -73 377
TN-25-060 SAM West 5655935 311991 256 327 -65 389
*Coordinates are provided in UTM NAD83 Zone 15
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)
Core samples are collected by sawing the drill core in half along the axis, with one-half sampled, placed in
plastic sample bags, labelled, sealed and the other half retained for future reference. 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 a junior explorer that holds a highly prospective, consolidated land package totaling more than
61,647 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. 1911 Gold believes its land package is a prime
exploration opportunity, with the 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 communi cation 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
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
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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 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 with respect to the terms of the Offering, the use of proceeds of the
Offering, the timing and ability of the Company to close the Offering, the timing and ability of the Company
to receive necessary regulatory approvals, the tax treatment of the securities issued under the Offering, the
timing for the Qualifying Expenditures to be renounced in favour of the subscribers, and 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 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.
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.
SOURCE: 1911 Gold Corporation