1911 Gold Reports Significant Drill Results Linking L10 and 710-711 Zones

1911 Gold Corporation has announced significant drill results from its underground resource expansion program at the True North Gold Project in Manitoba, Canada. The latest assays confirm the link between the L10 Zone and the larger 710-711 Zone, potentially expanding the mineral resource base of the project.

According to the company, the drilling program, conducted at the underground Level 16 (-720 m depth), tested the extensions of the L10 vein system and its connection to the 710-711 vein system. Eight diamond drill holes, totaling 2,955 meters, were completed as part of this effort. Notable results include 10.73 grams per tonne (g/t) of gold over 8.90 meters in drill hole UG16-26-072, including 16.12 g/t over 5.40 meters and 49.50 g/t over 0.80 meters. Another significant result was 50.61 g/t gold over 1.60 meters in UG16-26-076, including 65.80 g/t over 1.00 meters.

Shaun Heinrichs, President and CEO of 1911 Gold Corporation, stated, "These high-grade results confirm a critical connection between the L10 and 710-711 Zones, delivering exactly the kind of upside we were targeting." Heinrichs added, "The results underscore the growth potential of the True North mine lease area, which is central to our district-scale opportunity."

The company has now completed a total of 20 drill holes, totaling 6,563 meters, as part of the resource expansion program on L10. Eleven of these holes have confirmed the link between the L10 and 710-711 Zones. Additional drilling results from the True North area, including resource expansion and infill drilling, are pending and will be released once assays are received.

Exploration of the L10 Zone, which is located on the intersection of the Shoreline Basalt unit and the L10 Shear Zone, has revealed significant mineralization. Gold-bearing veins are associated with extensional stockwork and breccia veins, as well as steeply north-dipping shear veins. The veins are predominantly composed of quartz with accessory minerals, and gold is associated with minor pyrite and free native gold.

The findings from the current exploration program are expected to be incorporated into the company's fall resource estimate, which is anticipated in the fourth quarter of 2026. The estimate will also consider surface and underground exploration drilling at nearby discoveries, as well as resource expansion drilling at L10. Follow-up drilling is planned for 2027, once all data has been compiled and following the completion of the resource update.

1911 Gold Corporation's True North complex and exploration land package are situated within the Archean Rice Lake Greenstone Belt and are accessible via the main A Shaft on the Level 16 drift. The company is positioning itself to potentially restart operations in the future, with significant exploration upside. The strategy is to build a district-scale gold mining operation around centralized and expandable infrastructure to support a socially and environmentally responsible, long-term mining operation with minimal development risk and a growing mineral resource base.