10:52 AM EST, 11/10/2025 (MT Newswires) -- 1911 Gold ( AUMBF ) , up 6% on last look, on Monday said the Manitoba Mineral Development Fund (MMDF) has approved a $300,000 grant to support the ongoing underground drill program at the True North Gold Project in southeast Manitoba.

Proceeds from the grant will be allocated directly toward the underground delineation drill program which comprises 9,000 meters in 80 drill holes, focussed on upgrading the current resources within two target areas scheduled for test mining next year. The test mining is intended to validate the planned mining method and economics.

1911 Gold ( AUMBF ) is progressing toward the restart of operations in early 2027.

Shares are up $0.05, to $0.85, on the TSX Venture Exchange.

Price: 0.85, Change: +0.05, Percent Change: +6.25