
businessMay 13, 20265:47pending
1911 Gold expands True North mineralization beyond current resource
About this episode
1911 Gold Corporation CEO Shaun Heinrichs joined Steve Darling from Proactive to provide an update on underground resource expansion drilling at the company’s True North Gold Project in Manitoba.
The latest assay results include 12 drill holes totaling 3,608 metres from the underground exploration program targeting the L10 Zone. Heinrichs explained that drilling focused on extending mineralized veins beyond the boundaries of the current 2024 Mineral Resource Estimate (MRE).
The program successfully intersected gold mineralization along extensions of the V-1010, V-1012, V-1020, V-1030, and V-1040 veins, while also potentially linking the L10 Zone with the larger 710-711 Zone at depth.
Results to date suggest that mineralization has been extended by as much as 160 metres down-plunge and up to 80 metres along strike. One of the standout intercepts came from hole UG16-26-055, which returned 5.48 grams per tonne gold over 9.20 metres, including higher-grade intervals of 7.52 g/t gold over 4.10 metres and 14.80 g/t gold over 1.00 metre.
The company said its ongoing exploration programs continue to identify new targets and resource growth opportunities that could potentially support increased production and extend mine life at True North.
1911 Gold currently has two underground drill rigs operating, with a third rig expected to be mobilized in the coming weeks. The expanded program includes infill and delineation drilling focused on areas included in the preliminary economic assessment mine plan, as well as exploration drilling targeting new zones and resource expansion opportunities.
Management noted that results from both underground and surface drilling campaigns are expected to contribute to a global resource update planned for later this year. Additional assay results will be released as they become available.
#proactiveinvestors #1911goldcorporation #1911gold #tsxv #aumb #otcqx #aumbf #GoldExploration #TrueNorthMine #GoldMining #TrueNorthProject #GoldExploration #Mining #ManitobaMining #Drilling #ResourceExpansion #JuniorMining
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