08:09 AM EST, 11/11/2025 (MT Newswires) -- 1911 Gold ( AUMBF ) reported Tuesday the latest high-grade assays from the True North gold project within the Rice Lake property in Manitoba.

Highlights from the San Antonio West target include 24.83 grams per tonne (g/t) gold over 2.60 meters, including 46.00 g/t gold over 1.00 meters, including 63.20 g/t gold over 0.50 meters, 28.80 g/t gold over 0.50 meters, and 32.40 g/t gold over 0.50 meters.

"These high-grade intercepts demonstrate the strength of the True North mineralized system and highlights the continued opportunity to outline new zones of mineralization adjacent to existing infrastructure," President and Chief Executive Officer Shaun Heinrichs said.

The results were from 1911 Gold's ( AUMBF ) 20,398 meters of drilling as part of the 2025 surface exploration drill program, which focused on new targets defined by favorable host rocks and mineralized structural settings within the True North Mine footprint.

"With the transition to underground drilling, we will accelerate resource growth across multiple target areas building towards a sustainable restart of operations," Heinrichs said.

1911 Gold's ( AUMBF ) share price jumped 10% on Monday to $0.88 on the TSX Venture Exchange.