Highlights: Fully-funded and permitted 2022 exploration drilling campaign is progressing as planned and on-pace to complete an initial 12,000 metres of drilling, testing multiple targets at the Rice Lake and Apex Gold Properties in Manitoba Eight drillholes, totalling 2,259 metres, have been completed at the Tinney Project, including the deepest drillhole to date, EO-22-026, at 533 metres Drillhole EO-22-026 intersected [...]
1911 Gold Corp. announces that it has granted a total of 825,000 options to purchase common shares of the Company to officers and directors pursuant to the Company's Share Option Plan. Such options have an exercise price of $0.35 per common share and expire on February 2, 2027. The options vest as to one-third immediately and one-third after the first and second anniversaries of the date of grant. About 1911 Gold [...]
Highlights: Fully-funded and permitted winter 2022 exploration drilling campaign has commenced, with plans for an initial 11,000 metres of drilling to test multiple targets at the Rice Lake and Apex Gold Properties in Manitoba A seasoned mid-tier Canadian gold producer recently acquired an 8.9% interest in the Company after completing significant due diligence over the last summer 1911 Gold has a cash balance of $9.9 [...]
1911 Gold Corp. is pleased to announce that it has closed its previously announced "upsized" brokered private placement for aggregate gross proceeds of $8,000,000, which includes the full exercise of the agents' option. Pursuant to the Offering, the Company issued 20,500,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act. The Flow-Through Shares were issued in two tranches [...]
1911 Gold Corp. is pleased to announce that, based on significant investor demand, the Company has increased the size of the previously announced "best efforts" private placement from $5,000,000 to $7,000,000 from the sale of 17,375,000 common shares of the Company that qualify as "flow-through shares" of the Income Tax Ac. The Flow-Through Shares will be issued in two tranches. Tranche one will consist of up to 6,000,000 [...]
1911 Gold Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity, as agent and sole book-runner, in connection with a best efforts, private placement of up to 11,425,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Actfor aggregate gross proceeds of up to C$5,000,000. The Flow-Through Shares will be issued in two tranches. Tranche one will [...]
1911 Gold Corp. is pleased to provide an exploration update for its 100% owned Apex Gold Property, located in the prolific Snow Lake Mining District in northern Manitoba. Highlights: Assay values up to 1,240 g/t gold obtained from grab samples of quartz veins and altered wallrock associated with fault systems cutting the Rex Lake Pluton, adjacent to the crustal-scale Crowduck Bay Fault High-grade gold is associated with [...]
1911 Gold Corp. is pleased to provide an update on its ongoing 2021 field exploration program at the 100% owned Rice Lake properties in Manitoba. Highlights: Assay values up to 50.3 g/t gold from rock grab and channel samples of quartz-sulphide veins and altered wallrock associated with kilometre-scale fault systems cutting a regional-scale fold in Balmer -equivalent rocks at the Wallace project Assay values up to 143.3 [...]
1911 Gold Corp. is pleased to announce that the Company has been approved for a $300,000 grant from the Manitoba Mineral Development Fund to support the 2021 field exploration program and advance its 100% owned Rice Lake gold exploration properties in Manitoba. Proceeds from this grant will go directly to fund the ongoing 2021 field exploration program, which commenced in May with an overall budget of $1.2 million. This [...]
1911 Gold Corp. is pleased to announce that it has signed definitive agreements for the acquisition of 100 per cent interest in two exploration properties located approximately 20 kilometres east of Bissett, Manitoba, site of the Company's True North Complex. The Palomar Lake Property, held by a consortium of three local prospectors , comprises 15 contiguous mining claims, totalling 1,073 hectares, that adjoin the [...]
1911 Gold Corp. provides a progress update for the ongoing district-scale exploration program and the 2021 tailings operations at its flagship 100%-owned Rice Lake Gold property in Manitoba. 2021 Field Exploration Program The Company continues active exploration in six project areas, spanning more than 70 kilometres of strike along the prolific Rice Lake-Red Lake belt, as part of its 2021 exploration program. Geological [...]
1911 Gold Corp. is pleased to announce that it has signed a definitive agreement dated June 7, 2021, with StrikePoint Gold Inc. with respect to the acquisition of 100 per cent interest in StrikePoint's Angelina Property , located approximately 20 kilometres southeast of Bissett, Manitoba, site of the Company's True North mill and tailings facilities. The Property comprises 17 contiguous mining claims, totalling 2,300 [...]