1911 Gold Reports Additional Gold Intercepts at Tinney
1911 Gold Reports Additional Gold Intercepts at Tinney
TORONTO, ON, May 11, 2021 – 1911 Gold Corporation ("1911 Gold" or the "Company") (TSX-V: AUMB)
(OTCQX: AUMBF) is pleased to report results from five additional exploration drillholes at the Tinney
project, within its 100% owned Rice Lake exploration properties in Manitoba. The Company has now drill
tested a little more than half of the exposed strike length of the Gunnar porphyry intrusion, the principal
control on the gold system at Tinney, to depths up to 450 meters. The widespread presence of gold
mineralization, and intense alteration and veining intersected at depth, demonstrates potential for both scale
and grade in this system.
Highlights:
• Drillhole EO-21-018 intersected several zones of gold mineralization within and adjacent to
the Gunnar porphyry, including a shear vein with abundant visible gold that returned 47.5
g/t gold over 1.0 metre, within 36.6 g/t gold over 1.3 metres
• Drillholes EO-21-008 and EO-21-010 yielded wide intercepts of gold mineralization within the
Gunnar porphyry, which is strongly fractured, altered and veined across nearly its entire
width in these drillholes, at depths in excess of 400 metres
• Drillhole TS-21-010 yielded several intercepts, including 13.7 g/t gold over 0.5 metres
associated with quartz veinlets containing visible gold in the Gunnar porphyry
“With the recent phase of drilling now successfully completed at Tinney, our exploration team continues to
analyze and interpret the newly-acquired data in order to refine our 3D geological model and delineate
areas for follow -up drilling on these previously -untested targets ”, commented Dr. Scott Anderson, Vice
President Exploration. “At 450 metres vertical depth, drillhole EO-21-010 is the deepest drillhole completed
to date on this target and hit intense alteration and veining with strongly anomalous gold over a true width
of 15 metres in the porphyry, which is particularly encouraging as it clearly points to excellent potential at
depth in this system”.
Included in this release are three drillholes collared from ice-based setups on Tinney Lake to test structural
intersections at depth within the Gunnar porphyry, as well as two drillholes collared on land to further
delineate the extents of mineralized zones intersected by the Company in previous drilling. To date, the
Company has completed 10,264 metres of drilling in 32 wide-spaced drillholes at Tinney, testing three
separate targets over a strike length of approximately 1.2 kilometres (Figure 1). Numerous targets have yet
to be tested along this kilometres -scale gold system, which had not previously seen modern systematic
exploration and remains open in all directions.
Tinney Project
The principal exploration targets in the Tinney Project area are arranged along the Gunnar porphyry – a
large synvolcanic intrusion that has been traced along strike on surface for 2.4 kilometres and hosts, at its
southern extent, the historical high-grade Gunnar deposit (1936–1941; 100,000 ounces produced at 11.9
g/t Au). Drilling at Tinney is focused on the northern portion of the porphyry, targeting structures within the
porphyry and its host rocks, as well as structural intersections at the contacts of the porphyry. New drilling
indicates that gold mineralization is hosted by shear veins (e.g., EO-21-018; Figure 2) as well as much
wider, more diffuse, stockwork/sheeted vein systems, with the latter principally developed in the porphyry;
both locally contain coarse visible gold. These styles of veining are comparable to the two main vein sets
that formed major orebodies at the 3-million-ounce Rice Lake gold deposit at Bissett, Manitoba.
Pending the outcome of further refinements to the geological model, next steps are being planned to include
infill drilling in select areas to tighten drillhole spacing and confirm continuity of gold mineralization and
structure, as well as deeper drilling on various targets along the Gunnar porphyry .
Table 1: Selected gold intercepts from drillholes at the Tinney project.
Project, Hole ID(1) Easting Northing Length Az. Incl. From To Length(2) Gold(3)
Target (NAD83, UTMZ15N) (m) (deg.) (deg.) (m) (m) (m) (g/t)
Tinney, EO-21-018 340538 5638959 281 200 -60 119.25 119.85 0.60 0.92
Edna-Otter 144.75 146.05 1.30 36.58
inc. 144.75 145.75 1.00 47.50
222.80 224.30 1.50 0.62
229.00 232.35 3.35 0.21
EO-21-010 340812 5638830 458 227 -75 351.00 361.15 10.15 0.22
366.00 370.00 4.00 0.20
438.00 438.90 0.90 0.53
EO-21-008 340819 5638786 401 235 -65 241.35 246.70 5.35 0.45
254.50 258.70 4.20 0.28
265.15 266.85 1.70 1.96
EO-21-007 340818 5638786 256 230 -55 NSV
Tinney, TS-21-010 341147 5638223 455 200 -60 72.60 74.70 2.10 0.77
Tinney Shear 301.00 301.50 0.50 13.70
304.70 305.20 0.50 3.43
(1) Numbering reflects order in which drillholes were planned, rather than sequence of drilling
(2) Represents drillcore length; true widths are presently unknown
(3) Intervals are weighted averages at minimum 0.2 g/t Au and 0.5 grade x width multiple; NSV, no significant values
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 fracti ons. 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. Blanks are
also inserted after heavily mineralized or visible-gold–bearing samples. Results are routinely evaluated for
accuracy, precision and contamination.
Qualified Person Statement
Technical information in this news release has been 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
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 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 l ist 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 anticipat ed,
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