1911 Gold's Significant Exploration Results at True North
On September 10, 2026, 1911 Gold Corporation announced notable assay results from its underground resource expansion drill program at the True North Gold Project located in southeastern Manitoba, Canada. This project is part of the company's larger Rice Lake Gold property, covering approximately 62,000 hectares within the Rice Lake Greenstone Belt.
The assessment focused on the L10 Zone and its connection to the adjacent 710-711 Zone, a critical move to enhance resource expansion theories. Recent drilling has confirmed this connection, verified during an expansive program that covered 2,955 meters through eight diamond drill holes. The highlights of the assay results showed some significant gold intersections that could potentially reshuffle the resource estimate landscape.
Among the standout findings were:
- - UG16-26-072: 10.73 grams per tonne (g/t) of gold over an intersected length of 8.90 meters at a downhole depth of 245.30 meters, including an incredible 49.50 g/t Au over 0.80 meters.
- - UG16-26-076: 50.61 g/t Au over 1.60 meters at a depth of 219.20 meters, reflecting exceptional mineralization.
- - Additional intersections reported included 8.72 g/t Au over 1.70 meters and 3.58 g/t Au over 3.60 meters from various drill holes as well.
These drill results underscore the L10 Zone's potential for growth, confirming its extensions beyond the previously estimated resources. The complexity of mineralization correlates with the structural dynamics in the area, particularly the intersection of the Shoreline Basalt unit and the L10 Shear Zone, where significant gold-bearing veins have been developed. The characteristics of these veins, largely filled with quartz and various alteration minerals, indicate favorable conditions for commercial gold mining.
Shaun Heinrichs, President and CEO of 1911 Gold, emphasized that the ongoing exploration has been crucial in understanding the mine's potential. He stated, “Our exploration program has systematically tested the true size potential of the True North mine lease area. These high-grade results affirm a key connection between L10 and the larger 710-711 Zone, aligning with our targeting goals.”
The recently reported results will contribute to a global mineral resource estimate anticipated for release in the fourth quarter of 2026, incorporating discoveries from both surface and underground drilling initiatives.
Moreover, these achievements signify a robust strategy by 1911 Gold to utilize its existing infrastructure for resource expansion, aiming for a district-scale gold mining operation that aligns with both environmental stewardship and operational efficiency. The significance of the current drilling results will shape not only the upcoming resource estimates but also decision-making for resuming operations at the True North site.
With already twenty completed drill holes, the future drilling plans for 2027 are under consideration, contingent on the outcomes of the resource update. The strategic resource planning is reinforced by a focus on coherent, respectful engagement with local First Nation communities, emphasizing the company's commitment to sustainable and socially responsible mining.
In summary, 1911 Gold Corporation is strategically positioning itself to enhance its gold exploration initiatives at the True North Project. With the ongoing success in drilling and strong assay results from the L10 Zone, the corporation is gearing up to capitalize on its promising resource potential, which bears significant implications for the company's future operations and investment prospects.