V.P. Exploration, 1911 Gold Corporation
1911 Gold Corporation: Unique District-Scale Opportunity in an Established Gold Camp
1911 Gold Corp. is a junior explorer and producer that owns the fully-permitted True North mine and mill complex at Bissett, Manitoba. The Company also holds more than 58,000 hectares of mineral dispositions on the Rice Lake greenstone belt, located along a crustal-scale fault and tectonic suture that extends 100 km eastward to the prolific Red Lake belt in Ontario, which boasts more than 30 million ounces of past gold production. This highly favourable geological setting, coupled with the company’s consolidated land position in the historically fragmented Rice Lake gold district, present considerable strategic and exploration advantages.
1911 Gold is actively exploring its 100% owned properties with the goal of identifying additional sources of ore to augment the existing mineral resource of the True North deposit, estimated to contain approximately 1 million ounces of gold in all categories. With an overall budget of $8M, the exploration program is on pace to complete over 13,000 m of surface diamond drilling in 2022. The Company also continues to operate the True North facility, with 2022 forecast production of approximately 4,000 ounces of gold from reprocessing historical tailings.
With an experienced management team, clear corporate strategy, clean balance sheet, well-funded exploration program, strong project portfolio in an established operating jurisdiction, and systematic approach to exploration, the Company is well positioned to generate significant value through discovery.
Scott Anderson is the Vice President Exploration of 1911 Gold Corporation and has 30 years of experience in government geoscience, mineral exploration, academia and independent consulting, specializing in structural and mineral deposits geology. Prior to his appointment in 2018, Scott was the Chief Geologist of Precambrian Geoscience with the Manitoba Geological Survey. Scott is a registered professional geoscientist with Engineers Geoscientists Manitoba and an Adjunct Professor in the Department of Geological Sciences, University of Manitoba. He holds geology degrees from the University of Manitoba (BSc, Hons) and Dalhousie University (PhD).