#Canada #Vancouver #Mineral Resource #1911 Gold #Ogama-Rockland

1911 Gold Corporation's Update on Ogama-Rockland Gold Project

1911 Gold Corporation has recently unveiled a significant update regarding the underground Mineral Resource Estimate (MRE) for its Ogama-Rockland Gold Project. Located approximately 45 kilometers southeast of the True North mine and mill complex in southeastern Manitoba, Canada, this project has garnered attention due to its promising gold yield. The recent findings highlight not only the current resource but also potential for expansion, as more drilling is planned in the upcoming quarters.

Overview of the 2026 Mineral Resource Estimate

The 2026 MRE reveals an inferred resource of approximately 3,314,000 tonnes with a gold grade of 6.68 grams per tonne, equating to a total of around 712,000 ounces of gold. This estimate is premised on data from a comprehensive drilling program, which involved 99 drill holes and yielded nearly 20,000 assay results. The company utilized advanced modeling techniques and software in developing this resource estimate, combining geological data to optimize mining designs. A noteworthy aspect of the resource is its high-grade potential, which remains open to further exploration along strike and down dip.

Identifying Growth Areas

Looking forward, the 2026 MRE indicates several promising zones where additional drilling could increase the indicated resource. Geologists have identified gaps within the current resource envelope, and there are expectations that additional drilling could substantiate these areas as economically viable. The company plans to conduct more drilling in Q4 2026 to assess the extension potential alongside the already established veins.

President and CEO Shaun Heinrichs remarked, "The updated Mineral Resource Estimate at Ogama-Rockland is an important step in advancing our district-scale opportunity centered around our fully built and permitted True North Complex."

Details on Geological and Mining Analysis

The geological evaluation for the Ogama-Rockland site has been extensive, with a total of 8 main and 6 subordinate parallel veins modeled. The mineralized structures are traced over a strike length exceeding 1,500 meters and drilled to depths beyond 600 meters, predominantly occurring within shear zone-hosted quartz veins. Enhanced analytical methods were adopted to ensure that the figures presented in the MRE are credible and reflective of actual mining conditions.

Historical Context

Historically, the site has been significant for gold production. Between 1948 and 1951, the Ogama and Rockland mines produced around 45,000 ounces of gold. This legacy, combined with modern exploration techniques, sets a strong foundation for future operations and assessments.

Next Steps and Future Exploration

With an eye on the future, the company aims to further define the mineral resources through a follow-up surface drilling plan aimed at better understanding the geological makeup of the area. This could include updating stakeholders in the global resource update expected later in 2026, along with a potential production decision in 2027. The strategic development of the Ogama-Rockland project is critical, aligning with broader efforts to ensure sustainable and responsible mining that honors local community relations.

In summary, the advancements in the Ogama-Rockland Gold Project signal a promising horizon for 1911 Gold Corporation. As exploration continues, both investors and community stakeholders will be keenly watching for new developments that could enhance the existing resource portfolio. The geological potential, coupled with an established operation background, strengthens the case for the project’s long-term viability.