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 [...]
1911 Gold Corp. is pleased to report assay results from the Company's maiden exploration drilling program at the Wallace Project on the 100%-owned Rice Lake Property in southeast Manitoba. Highlights: First pass drilling intersected several mineralized structures at Wallace, notably 2.9 g/t gold over 4.3 meters at the Crown-10 target and 1.8 g/t [...]
1911 Gold Corp. is pleased to report assay results from exploration drilling at the 100%-owned Apex Property located near Snow Lake, Manitoba . Highlights: First-pass drilling at Apex intersected high-grade gold mineralization at two targets, including 9.7 g/t gold over 0.45 meters and 15.3 g/t gold over 0.65 metres, the latter within a broader [...]
1911 Gold Corp. announces the commencement of tailings reprocessing operations at the True North complex at Bissett, Manitoba. The Company expects to process between 170,000 and 190,000 tonnes of historical tailings in 2022 to recover approximately 3,500 to 4,000 ounces of gold. Early in 2022 the Company completed a sampling program to characterize [...]
Highlights: 1911 Gold completed 9,202 metres of drilling on priority targets at the Tinney, Bidou and Wallace projects on the Rice Lake property, and at the Apex project near Snow Lake, Manitoba To date, assay results for 5,028 metres of drilling at the Tinney and Bidou projects have been received, with assays pending on 2,528 metres at the Wallace [...]
