1911 Gold Corporation holds 100% interest in strategic gold assets in Manitoba and Ontario, Canada, in Tier I mining districts with proven potential for world-class gold deposits, and is focused on advancing these assets to create long-term value for our shareholders.
The Company’s flagship assets are the True North Complex at Bissett, Manitoba, including a modern permitted processing facility, tailings management area, underground mine infrastructure and the True North Gold Deposit.
In March 2018, the True North Gold Deposit was estimated to contain a Measured Resource of 125,000 ounces gold at 7.16 g/t gold, an Indicated Resource of 308,000 ounces gold at 7.51 g/t gold, and an Inferred Resource of 605,000 ounces gold at 5.79 g/t gold, for a global resource of 1,038,000 ounces gold in all categories (5,076,225 tonnes at 6.37 g/t gold).
The surrounding district-scale Rice Lake exploration properties have exceptional exploration upside, covering an 80-kilometres-long segment of the highly prospective Rice Lake greenstone belt, the eastern extension of which includes the Red Lake gold district in Ontario, one of the largest and highest-grade gold districts in Canada, with more than 30 million ounces of gold production.
In Ontario, the Company’s assets also include highly prospective exploration properties in the world-class (>70 million ounce) Timmins-Porcupine Gold Camp of the Abitibi greenstone belt – one of the premier goldfields in the world – including the Tully property, located 25 kilometres north of Timmins, and the Denton-Keefer property, located 30 kilometres southwest of Timmins along the Porcupine-Destor Fault.
In Manitoba, the Company also holds the Apex exploration property, located within the Snow Lake district of the prolific Flin Flon greenstone belt, host to world-class gold, base metal and gold-rich base metal deposits.
Collectively, these assets present a significant value proposition to 1911 Gold’s shareholders, with exposure to upside exploration potential in several of Canada’s premier mineral districts, along with modern processing capability and historical resources at the Company’s flagship True North asset in Manitoba.