09:44 AM EDT, 03/11/2026 (MT Newswires) -- 1911 Gold ( AUMBF ) on Wednesday said drilling results from the underground drill program at its wholly-owned operational and fully permitted True North Gold project, located in southeast Manitoba, Canada, confirmed the continuity of gold (Au) mineralization
In a statement it said this was within the mineral resources outlined in the Preliminary Economic Assessment mine plan for the early years of mining on the V-810 vein within the Hinge Zone, and the V-1030/V-1040 vein within the L10 Zone, both located adjacent to Level 16 of True North.
"The drilling at Hinge and L10 not only confirms the continuity of gold mineralization in these veins but also demonstrates that these zones are wider on average than previously modelled," said Chief Executive Shaun Heinrichs. "The ongoing drill program is focussed on infill and delineation drilling in areas that are included in the first years of mining within the PEA mine plan and support the bulk sample and test mining activities scheduled for later this year."
The company said current development drilling continues to focus on upgrading and delineating the resources for the initial years of the mine schedule and supporting the upcoming bulk sampling and test mining activities.
Shares of the company were last seen down more than 4% on Wednesday, having closed up 6.1% on Tuesday on the TSX Venture Exchange.
Price: 1.18, Change: -0.03, Percent Change: -2.48