1911 Gold Corp. is pleased to announce the appointment of Gary O'Connor to the Board of Directors as Executive Chair with immediate effect. Mike Hoffman, the outgoing Independent Chair, will continue to serve as a Director of the Company and stand for re-election at the upcoming annual general meeting. "On behalf of myself and the other Directors [...]
1911 Gold Corp. is pleased to announce the appointment of Michele Della Libera as Vice President Exploration. Mr. Della Libera will be an integral part of updating the current National Instrument 43-101 resource for the True North underground mine as well as identifying opportunities for resource growth within the footprint of the existing [...]
1911 Gold Corp. is pleased to report assay results from the Fall 2022 diamond drill program on its Rice Lake Gold Property in Manitoba as well as provide an update on the True North mine complex mineral resource estimate review. The 2022 drill program primarily focused on the historical Central Manitoba gold mine, located approximately 25 [...]
VANCOUVER, BC, Dec. 27, 2023 /CNW/ - 1911 Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement , raising gross proceeds of $3,900,000, with Eric Sprott investing $1,000,000 for a 12.4% ownership position in the Company. The Offering was comprised of a combination of: 51,562,500 non-flowthrough [...]
1911 Gold Corp. ) is pleased to announce that it has upsized its previously announced non-brokered private placement to now raise gross proceeds of C$3,900,000 . The Offering is expected to be comprised of a combination of non-flowthrough units of the Company at $0.06 per Unit, each Unit shall consist of one common share of the Company and one [...]
1911 Gold Corp. is pleased to provide an update on corporate strategy on the near- and long-term plans for the Rice Lake property, including the True North underground mine. The Company also plans to complete a financing to support this strategy, by way of a non-brokered private placement for aggregate proceeds of up to $3,500,000 , with a lead [...]
1911 Gold Corp. ; is pleased to announce that it has negotiated the settlement of $356,500 related to drilling and other consulting services provided to the Company in 2022 in consideration for the issuance of 4,753,333 common shares of the Company at a deemed price of $0.075 per common share. The debt settlement is subject to receipt of all [...]
1911 Gold Corp. is pleased to announce that, based on the positive findings received by Grid Metals Corp. from the scoping study completed by the Primero Group on the True North processing mill, Grid is proceeding with the lease agreement previously announced in the news release on July 18, 2023 . The original letter agreement provided for a 90 day [...]
1911 Gold Corp. announces that it has granted a total of 1,710,000 options to purchase common shares of the Company to officers, directors, employees and consultants pursuant to the Company's Share Option Plan. Such options have an exercise price of $0.10 per common share and expire on August 28, 2028. 1,460,000 options vest as to one-third [...]
1911 Gold Corp. is pleased to announce that it has entered into a purchase agreement with Fulcrum Metals PLC for the sale of its 100% interest in eleven mining claims and a mining lease located northeast of Timmins, Ontario . Pursuant to the terms of the purchase agreement, the Company will receive total consideration comprised of C$800,000 in cash [...]
1911 Gold Corp. is pleased to announce the signing of a letter agreement with Grid Metals Corp. to lease the True North mill complex for future processing of spodumene pegmatite from Grid's Donner Lake Lithium Project in southeastern Manitoba, Canada. Highlights: Significant cash payments on signing and throughout the leasing arrangement. Execution [...]
1911 Gold Corp. is pleased to announce that it has commenced exploration drilling on its 100%-owned Rice Lake gold property in Manitoba. Highlights: Initial drilling will test priority targets at the historical Central Manitoba Mine which produced approximately 160,000 ounces of gold at a grade of 12.6 g/t gold , mostly from within 150 metres of [...]