1911 Gold: Near-term Gold Production, Development Potential in Manitoba, Canada
1911 Gold (TSXV:AUMB,OTCQX:AUMBF) focuses on the exploration and development of gold resources in Manitoba, Canada. The company owns a dominant, 62,000 hectare land position in the Rice Lake greenstone belt in Manitoba.
1911 Gold’s strategy is on track in de-risking the existing underground mine geology, expanding its mineral resource base through exploration, and advancing towards production on an accelerated time line by leveraging the existing infrastructure in place.
Key Projects
1911 Gold’s flagship asset is its True North project located in the Rice Lake greenstone belt of southeastern Manitoba, approximately 150 km northeast of Winnipeg. This historically significant mine has produced over 2 million ounces (Moz) of gold and continues to offer substantial exploration upside.
Company Highlights
- 1911 Gold Corporation is a junior gold exploration company and near-term producer with more than 1.1 million ounces of gold resource in an established mining district.
- The company’s assets include a permitted 1,300-ton-per-day mill and tailings facility, and underground mine, reducing time and costs to production
- With a large land package in the Rice Lake belt, 1911 Gold boasts multiple high-potential targets, providing significant resource expansion potential.
- The company is led by a seasoned management team and board with a strong track record of advancing mining projects.
- The company operates in a mining-friendly jurisdiction with hydroelectric power and excellent infrastructure.
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