#Canada #Vancouver #TRUE NORTH #1911 Gold #L10 Zone

1911 Gold Confirms Resource Expansion at True North

In recent developments, 1911 Gold Corporation has announced promising results from its drilling program at the True North Gold Project. Conducted in southeastern Manitoba, Canada, this underground drilling initiative aims to expand the mineral resources of the L10 Zone, revealing significant extensions of gold mineralization below the previously assessed levels.

Drilling Program Overview

The company's exploration efforts involved twelve drill holes, totaling 3,608 meters, specifically targeting the L10 Zone adjacent to Level 16 of the True North Mine. The primary goal was to assess the mineralization extensions beyond the current mineral resource estimates (MRE) for 2024. Importantly, results indicate potential links between the L10 and the larger 710-711 Zone, suggesting promising growth opportunities for the site's future mining capabilities.

Significant Findings

Among the standout results, drill hole UG16-26-055 showed an intersection of 11.54 grams per tonne of gold over 3.70 meters, with even higher grades noted at certain intervals. Other noteworthy intersections included:

• - UG16-25-001: 9.78 g/t Au over 0.50 m
• - UG16-25-002: 3.00 g/t Au over 7.20 m
• - UG16-26-050: 8.10 g/t Au over 1.40 m

These results signify that the extensions of the L10 Zone potentially reach over 160 meters in depth and 80 meters along the strike, which enhances the value of the project.

Expert Insights

Shaun Heinrichs, the President and CEO of 1911 Gold, expressed excitement over the drilling results, indicating that the continuous gold mineralization discovered sets the stage for prospective advancements in production and increases the longevity of the mine. With two drill rigs actively engaged underground and a third set to mobilize soon, exploration is underway to further delineate areas expected to yield significant resources.

The Future of True North

As 1911 Gold continues its exploration initiatives, the potential for expanding the resource base appears robust. The company aims to test new targets and refine existing models while focusing on near-mine exploration. Additionally, the update released indicated that a substantial global resource update is anticipated later in the year.

Moreover, ongoing drill results from both surface and underground explorations are expected to further inform and refine the resource estimates, potentially leading to expanding operations post-restart in 2027. This strategic focus on resource expansion is complemented by responsible approaches to local stakeholder engagement, particularly with surrounding First Nation communities.

Conclusion

In conclusion, 1911 Gold's recent drilling results at the True North Gold Project not only reinforce the existing assets but also pave the way for future exploration and resource growth. With a solid foundation in place and supportive geological structures, the company is poised for impressive advancements in the gold mining sector. As new data surfaces, stakeholders will be keenly watching 1911 Gold's trajectory in the months ahead.