12:13 PM EST, 02/04/2025 (MT Newswires) -- 1911 Gold ( AUMBF ) Tuesday released assay results from 10 drill holes of the exploration-drilling program currently in progress at the True North Project on the Rice Lake Gold property in Manitoba.

Drill results confirmed the extension of quartz vein hosted, near-surface gold mineralization on both the San Antonio West and Hinge East targets.

Best results included 3.45 meters testing at 2.85 grams per tonne of gold and 4.84 gpt of gold over 3.7 meters

"Now that we are seeing the initial results from our first phase of drilling, we are excited about the potential for a parallel vein structure at San Antonio West, as well as the possible near-surface mineralization at Hinge East," said chief executive Shaun Heinrichs. "A second drill rig will mobilize in the coming weeks as we expand the drill program and continue advancing these targets alongside the ongoing drilling underway at the San Antonio Southeast target."

The company's shares were last seen down $0.005 to $0.195 on the TSX Venture Exchange.

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