Manitoba Mining Review 2020/21 issue

Page 32

Reimagining the historic Rice Lake gold district By Scott Anderson, Ph.D., P.Geo, Vice President, Exploration, 1911 Gold Corporation

1911 Gold Corporation (the “Company” or “1911 Gold”) is a

that boasts well over 40 million ounces of past gold production,

junior gold explorer and producer that holds more than 57,000

resources, and reserves.

hectares of mineral dispositions in Tier-1 exploration and mining jurisdictions with proven potential for world-class gold deposits, including the Rice Lake and Snow Lake districts in Manitoba, and the Timmins district in Ontario. The company’s consolidated, district-scale (54,000 hectares) land position in the historically fragmented and underexplored Rice Lake greenstone belt, coupled with the permitted and operational 1,300 tonnes-per-day mill and tailings facility (the True North complex) at Bissett, Manitoba, are critical strategic assets, setting 1911 Gold apart from its peers. Together with a significant revenue stream from the reprocessing of historical tailings, which produces approximately 5,000 ounces of gold per year, and funds ongoing operational and corporate costs, thus minimizing

exploration program of its Rice Lake land package with highresolution aeromagnetic and LiDAR surveys, acquisitions of additional prospective ground, data compilations, and a highly successful field exploration campaign involving mapping, prospecting, and surficial geochemistry. Using a systematic, science-based exploration approach, the company efficiently advanced two projects to first-pass drill testing, including six targets with no record of previous drilling. Highlights of the Phase I drilling program, completed between November 2019 and March 2020, are listed below (please refer to the 1911 Gold website for additional details).

shareholder dilution, the Company’s assets present a significant

2019–2020 Phase I Exploration Drilling Program – Highlights:

value proposition for shareholders.

• 26.4 g/t Au over 2.0 metres (DDH TS-20-003) from the Tinney

The Rice Lake project covers a 70-kilometre segment of a crustalscale break referred to as the Wanipigow Fault, which defines an ancient craton margin and represents a critical regional control on orogenic gold deposits. The Rice Lake belt is the western extension of the prolific Red Lake greenstone belt, located approximately 100 kilometres to the east along strike in Ontario,

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Commencing in 2019, 1911 Gold initiated an aggressive regional

Manitoba Mining Review 2020-2021

Shear target • 43.3 g/t Au over 0.7 metres (DDH TS-20-004) from the Tinney Shear target • 9.3 g/t Au over 2.6 metres (DDH CG-20-001) from the Cougar target • 2.2 g/t Au over 12.2 metres (DDH BL-20-002) from the Bidou South target


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