1911 Gold Reports Additional Results from Underground Delineation Drilling at True North
1911 Gold Reports Additional Results from Underground Delineation
Drilling at True North
Vancouver, British Columbia, April 2, 2026 – 1911 Gold Corporation ("1911 Gold" or the "Company")
(TSXV: AUMB; OTCQX: AUMBF; FRA: 2KY) is pleased to provide additional 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 ten (10) drill holes for 1,464 metres (“m”) from the underground delineation
drill program on the mineral resources outlined within the mine plan in the recent True North 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 confirmed continuity of gold (“Au”) mineralization within the Hinge Zone
(“Hinge”) V-810 vein as outlined in the PEA mine plan for the early years of mining, located
adjacent to Level 16 (695 metres below surface).
• Hinge Delineation Drill Program – the latest drill results reported complete this program for
Hinge, with the following highlighted results:
o UG16-26-038: Intersected 9.51 grams per tonne (“g/t”) Au over 3.50 m (at 133.80 m downhole
depth), including 12.70 g/t Au over 0.70 m, and 30.70 g/t Au over 0.60 m
o UG16-26-046: Intersected 12.00 g/t Au over 1.00 m (at 128.80 m downhole depth), and 7.44
g/t Au over 0.50 m (at 132.00 m downhole depth)
o UG16-26-041: Intersected 6.71 g/t Au over 2.00 m (at 117.00 m downhole depth), including
11.40 g/t Au over 0.80 m
o UG16-26-042: Intersected 5.78 g/t Au over 1.10 m (at 118.00 m downhole depth), including
6.46 g/t Au over 0.50 m
o UG16-26-043: intersected 4.10 g/t Au over 1.40 m (at 112.90 m downhole depth), including
5.59 g/t Au over 0.70 m
• Additional drilling is planned to test the extension of the V-810 vein at Hinge between the current
resource and Level 16, located 25m down plunge
Shaun Heinrichs, President and CEO stated, “Drilling has confirmed mineralization within the targeted
V-810 vein within Hinge, an area that will be considered for test mining activities later in the year . These
additional results are in line with previous delineation drilling at Hinge with a consistent core of higher-grade
gold mineralization approximately 40 m wide extending approximately 100 m down plunge. 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, as well as exploration and resource expansion drilling . We currently have two drills
on surface and plan to mobilize a third underground drill rig over the next month which will continue to
provide infill and resource expansion results as we expand our resource base in 2026 and advance towards
the planned mine restart in 2027.”
The underground infill and delineation drill program has 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. The latest results
reported conclude the current delineation drill program on the Hinge V-810 vein, with thirty-one (31) drill
holes completed to date for a total of 4,608 m. Results from the delineation drilling on Hinge V-810 will be
incorporated into the project database to improve the vein wireframe modelling and to update the resources
and stope designs to support an optimized mine plan.
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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 were mobilized in early February to test the near-surface extensions of gold
mineralization previously intersected at the San Antonio West, SAM SE and Shore target s. Drilling is
progressing on all targets, and additional results will be released as they become available.
Figure 1: Isometric View (looking NW) of True North Mine-Hinge Zone
Figure 2: Plan View-True North Mine (Level 16)-Hinge Delineation Drilling
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Table 1: Select Significant Drill Results from Hinge 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 UG16-25-038 133.80 137.30 3.50 9.51 Delineation
Including 133.80 134.50 0.70 12.70 Delineation
And 136.70 137.30 0.60 30.70 Delineation
Hinge V-810 UG16-26-039 No Significant Results Delineation
Hinge V-810 UG16-26-040 121.80 122.30 0.50 6.15 Delineation
Hinge V-810 UG16-26-041 117.00 119.00 2.00 6.71 Delineation
Including 117.60 118.40 0.80 11.40 Delineation
Hinge V-810 UG16-26-042 118.00 119.10 1.10 5.78 Delineation
Including 118.60 119.10 0.50 6.46 Delineation
Hinge V-810 UG16-26-043 112.90 116.20 3.30 2.99 Delineation
Including 112.90 114.30 1.40 4.10 Delineation
Including 112.90 113.60 0.70 5.59 Delineation
Hinge V-810 UG16-26-044 No Significant Results Delineation
Hinge V-810 UG16-26-046 128.80 129.80 1.00 12.00 Delineation
UG16-26-046 132.00 132.50 0.50 7.44 Delineation
Hinge V-810 UG16-26-047 141.00 142.50 1.50 2.29 Delineation
Hinge V-810 UG16-26-048 113.30 114.30 1.00 2.51 Delineation
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
Discussion of Results - Hinge (V-810) Infill and Delineation Drilling
The latest Hinge Zone (V -810) delineation drill r esults from the last ten (10) drill holes totaling 1,464 m
confirmed the continuity of gold mineralization within proposed stopes outlined in the recent PEA mine plan.
Drill holes were planned to intersect the modelled vein on a nominal 15 m spacing to upgrade indicated
resources to the measured resource category. 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
The V-810 vein is hosted by a dacitic lapilli tuff unit, characterized by northwest trending shear and
extensional stockwork style veins and vein breccias subparallel to the stratigraphy and are predominantly
comprised of whit e quartz with accessory Fe -carbonate and albite, containing thin bands of tourmaline -
sericite-pyrite and chlorite. Gold is associated with pyrite, with free native gold also occurring. Geological
interpretation and assay results for holes highlighted in this release support the definition of an approximate
120 m long and 100 m wide zone plung ing N13E/52° hosted within the dacitic lapilli tuffs unit and the
intersection of the regional mineralized Hinge shear zone.
Eight (8) of the ten (10) drill holes completed intercepted the vein, with overall average widths as expected
including UG16-25-041 which intersected 6.71 g/t Au over 2.00 m (at 117.00 m downhole depth), including
11.40 g/t Au over 0.80 m; UG16-25-042 which intersected 5.78 g/t Au over 1.10 m (at 118.00 m downhole
depth; and UG16-25-046 which intersected 12.00 g/t Au over 1.00 m (at 128.80 m downhole depth), and
7.44 g/t Au over 0.50 (at 132.00 m downhole depth). Data interpretation defines a classic “pinch-and-swell”
geometry of shear hosted veins both on strike and vertically with a consistent core of higher -grade gold
mineralization approximately 40 m wide extending approximately 100 m down plunge ( see press release
dated March 11, 2026, “1911 Gold Confirms Resource Continuity in Underground Infill and Delineation
Drilling at True North”) which returned results including 10.03 g/t over 1.10 m Au (at 136.80 m downhole
depth), including 14.50 g/t Au over 0.50 m in hole UG16 -25-006; 10.79 g/t Au over 2.20 m (at 119.70 m
downhole depth) in hole UG16 -25-015, including 14.60 g/t Au over 1. 10 m; 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 in hole UG16-25-017.
Vein wireframe update and assay results from the delineation program will support the update d resource
estimate and the mine plan optimization for this area.
Additional drilling is planned to test the potential extensions of the Hinge V-810 vein above Level 16, which
is located 25m down plunge.
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Figure 3: Section AA’ (Looking West) - Hinge V-810 Vein Delineation Drilling
(Select Significant Results)
Figure 4: Section BB’ (Looking West) - Hinge V-810 Vein Delineation Drilling
(Select Significant Results)
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Figure 5: Section CC’ (Looking West) - Hinge Vein V-810 showing Delineation
(Select Significant Results)
Figure 6: Inclined Long Section (Looking North)-Hinge V-810 Vein Infill and Delineation Drilling
(Select Significant Results within Planned Stope Design)
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Table 2: Select Significant Drill Results from Hinge 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 UG16-26-038 126.00 127.00 1.00 3.87 Delineation
Hinge V-810 UG16-26-039 88.20 89.30 1.10 3.26 Delineation
Hinge V-810 UG16-26-041 102.50 103.10 0.60 2.47 Delineation
Hinge V-810 UG16-26-041 103.90 104.70 0.80 2.64 Delineation
Hinge V-810 UG16-26-042 105.00 105.80 0.80 4.66 Delineation
Hinge V-810 UG16-26-048 81.70 82.60 0.90 2.49 Delineation
Hinge V-810 UG16-26-048 133.80 134.30 0.50 4.22 Delineation
Hinge V-810 UG16-26-048 142.90 144.00 1.10 2.42 Delineation
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. Preliminary interpretation indicates a potential vein system parallel
to the Hinge vein V-810, which occurs 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).
Further interpretation is ongoing to define potential mineralization continuity to support vein wireframe
modelling.
The Company also wishes to clarify disclosure in its news release dated March 11 , 2026. An interval
disclosed in the “Drilling Highlights” on the first page, previously reported for drill hole UG16 -25-006 as
10.03 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, should have been disclosed as 10.03 g/t Au over 1.10 m (at 136.80 m downhole depth),
including 14.50 g/t Au over 0.50 m (where the information is reported correctly in Table 1 of the release).
This correction does not materially impact the interpretation of the drill results.
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)
UG16-26-038 Hinge V-810 313217 5656163 -465 22 29 150
UG16-26-039 Hinge V-810 313217 5656163 -465 28 33 150
UG16-26-040 Hinge V-810 313216 5656163 -465 16 33 144
UG16-26-041 Hinge V-810 313216 5656163 -464 9 35 141
UG16-26-042 Hinge V-810 313216 5656163 -464 14 39 144
UG16-26-043 Hinge V-810 313216 5656163 -464 20 49 150
UG16-26-044 Hinge V-810 313215 5656163 -465 356 30 141
UG16-26-046 Hinge V-810 313216 5656163 -465 10 14 141
UG16-26-047 Hinge V-810 313217 5656163 -465 19 18 156
UG16-25-048 Hinge V-810 313217 5656163 -464 27 43 147
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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, 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
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.
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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
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 programs, 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 the actual results
and timing of these planned events); 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 f rom those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking statements.
In addition, readers are directed to review the detailed risk discussion in the Company’s Annual
Management’s Discussion & Analysis for the year ended December 31, 202 5, filed on SEDAR+, which
discussions are incorporated by reference in this news release, for a fuller understanding of the risks and
uncertainties that affect the Company’s business and operations.
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.