1911 Gold Corp. announces that it has granted a total of 760,000 options to purchase common shares of the Company to officers, directors and employees pursuant to the Company's Share Option Plan. Such options have an exercise price of $0.78 per common share and expire on August 27, 2025. The options vest as to one-third immediately and one-third after the first and second anniversaries of the date of grant. The Company [...]
1911 Gold Corp. is pleased to provide initial results from the 2020 field exploration program on the 100% owned Rice Lake Gold Properties in Manitoba, including high-grade gold assays obtained from surface grab sampling of several targets. Highlights 858.21 g/t gold from the newly discovered Woodchuck target and 97.58 g/t from the Lemming target, both within the Bidou project area, along kilometre-scale structures [...]
1911 Gold Corp. today provides an update with respect to the Company's planned Annual General and Special Meeting and the proposed directors, as well as an update regarding the True North operations. The AGM will be held on August 26, 2020, at the offices of Bennett Jones LLP, 2500 Park Place, 666 Burrard Street, Vancouver, British Columbia, V6C 2X8 at 8:00 a.m. The information circular and other relevant materials are [...]
1911 Gold Corp. is pleased to announce that it has closed its previously announced "bought deal" private placement of 8,200,000 common shares in the capital of the Company that will qualify as "flow-through shares" of the Income Tax Act ) for aggregate gross proceeds of $5,208,000 . The Flow-Through Shares were issued in two tranches with tranche one consisting of 4,275,000 Flow-Through Shares issued to purchasers [...]
1911 Gold Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters in connection with a bought deal private placement of 8,200,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) for aggregate gross proceeds of $5,208,000 . The Flow-Through Shares will be issued in two tranches. Tranche one will [...]
1911 Gold Corp. is pleased to provide an update on the 2020 tailings reprocessing operation at the company's True North complex in Manitoba. As of May 20, 2020, the Company successfully returned all essential operating personnel to site on an incremental basis commencing April 29, 2020. To date the COVID-19 mitigation procedures have been adopted by site personnel and continue to provide a safe working environment for all [...]
1911 Gold Corp. is pleased to report the remaining results from the Phase I exploration drilling program at its 100% owned Rice Lake gold properties in Manitoba. Highlights: Drillhole TS-20-006 returned 2.25 g/t Au over 3.7 metres, including 13.92 g/t Au over 0.5 metres; this drillhole was collared on the Tinney Shear target 50 metres southeast of previously-reported drillhole TS-20-003, which returned 26.42 g/t Au over [...]
1911 Gold Corp. is pleased to announce the commencement of the 2020 tailings reprocessing season at the company's True North complex in Manitoba. The Company is currently returning personnel to True North in stages to allow for the measured implementation of COVID-19 mitigation procedures, with plans to commence full operations by the third week of May. The Company's employees predominantly reside within the Province of [...]
Highlights: Drillhole TS-20-003 intersected a shear-hosted quartz vein with visible gold at the previously-untested Tinney Shear target, yielding 26.42 g/t Au over 2.03 m, including 50.85 g/t Au over 1.03 m; Drillhole TS-20-004, collared 290 m along strike from TS-20-003 on the Tinney Shear, intersected multiple zones of gold mineralization, highlighted by a shear-hosted vein with visible gold in strongly altered felsic [...]
1911 Gold Corp. advises that it has implemented plans to minimize, to the extent possible, the risks to it's employees, the business and the communities within which it operates from the coronavirus disease outbreak. To date, there have been no known or suspected cases of COVID-19 reported at the Company's True North operations in Bissett, Manitoba. However, as most of the company's employees travel to the True North site [...]
Highlights: Drillhole BS-19-001 intersected a shear vein system over a 16.2 m core length at the previously untested Bidou Shear target, yielding multiple anomalous gold assays, and highlighted by a visible gold intercept that returned 9.40 g/t Au over 0.7 m; Drillhole BS-19-001, collared 100 m along strike to the east of BS-19-002 at the Bidou Shear target, intersected multiple zones of gold mineralization, highlighted [...]
1911 Gold Corporation is pleased to announce that it has begun first phase exploration drilling at its 100% owned Rice Lake gold properties. This district-scale land package is located in the Archean Rice Lake greenstone belt of southeastern Manitoba, within the prolific West Uchi geological domain, which also hosts the Red Lake gold camp in adjacent Ontario. The Phase 1 program will entail up to 10,000 metres of [...]