Proactive - Interviews for investors podcast

1911 Gold CEO discusses encouraging True North drilling assays and next steps

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1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) CEO Shaun Heinrichs talked with Proactive's Stephen Gunnion about the latest drilling results at the company’s True North project and what they mean for plans to restart mining operations. Heinrichs explained that the underground drill program, which began in the fall, has already completed more than 10,000 metres of drilling and is now beginning to deliver a steady stream of assay results. The drilling focused on two key target areas that could support bulk sampling and test mining activities planned for 2026. The results helped confirm the company’s geological model while also tightening drill spacing to improve resource confidence. Heinrichs noted that the program was designed to move parts of the resource toward a higher confidence classification, saying the company aimed to reduce drill spacing to around 12–15 metres compared with the typical 30-metre spacing used for indicated resources. He also highlighted encouraging results at the Hinge vein, where the company observed wider mineralized zones than expected in some areas. Heinrichs said the work has provided a solid base for moving ahead with development at the Hinge and L10 targets. “We were very surprised, pleasantly surprised and happy, obviously, to find areas that were wider than what was in the previous model,” Heinrichs told Proactive. Looking ahead, the company expects to begin underground development at L10 within the coming weeks before shifting focus to the Hinge area. Initial milestones investors should watch include the first underground blasting at the True North mine in roughly eight years, followed by the first stopes being mined later in the year as part of bulk sampling and early test mining activities. These steps are intended to support a gradual ramp-up toward a planned full mine restart in 2027 while generating gold ounces during the current year. For more insights like this, visit the Proactive YouTube channel, give this video a like, subscribe to the channel and enable notifications so you never miss future updates. #1911Gold #GoldMining #TrueNorthMine #GoldExploration #MiningStocks #JuniorMining #GoldStocks #TSXV #ResourceInvesting #MiningNews #AUMB #GoldProduction

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