1911 Gold CEO discusses True North exploration plans after drilling expands mineralization - ICYMI

1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) earlier this week reported further underground drilling results from the True North task successful Manitoba, with absorption highlighting beardown assets enlargement imaginable wrong the L10 shear portion and the deeper 710-711 zone.

Speaking with Proactive, CEO Shaun Heinrichs said the company’s latest 12-hole, 3,600 metre drilling run continued to present encouraging results arsenic 1911 Gold advances some assets maturation and improvement readying astatine the project.

Heinrichs explained that the existent underground programme has 2 main objectives: preparing areas for planned trial mining aboriginal this twelvemonth and expanding the company’s mineral assets basal done infill and delineation drilling.

According to Heinrichs, the existing mineral assets estimation captured lone astir 35% of humanities drill information from erstwhile operators, creating opportunities to grow known mineralization by targeting gaps betwixt humanities high-grade intercepts.

The institution has reported encouraging continuity successful the L10 shear zone, which absorption believes connects straight to the Sam Southeast people antecedently drilled from surface.

Heinrichs stated that “we are seeing important imaginable upside connected the L10 and the 710, 711 zone,” adding that the caller drill holes person helped show continuity betwixt deeper mineralized areas and shallower targets.

Management besides sees operational advantages processing wrong the expanding zones. Heinrichs noted that the institution whitethorn yet entree parts of the mineralized strategy from some the True North workings and the adjacent Hinge excavation infrastructure, perchance improving aboriginal mining flexibility.

1911 Gold is present adding a 3rd underground drill rig astatine the Hinge ramp mine. The further rig volition initially absorption connected infill drilling astir planned trial mining areas earlier shifting toward the downdip hold of the Sam Southeast people from underground platforms.

Heinrichs said drilling from underground positions would let the institution to people mineralization much efficiently and assistance adjacent remaining gaps betwixt antecedently reported intercepts.

The institution expects each caller drilling information to lend toward an updated mineral assets estimation planned for aboriginal this year. Investors volition apt beryllium watching intimately for grounds of assets growth, improved assurance categories and imaginable improvement timelines arsenic 1911 Gold continues advancing the True North task toward aboriginal accumulation decisions.