1911 Gold– True North PEA Metrics, Near-Mine & Regional Exploration Targets, Key Upcoming Milestones скачать в хорошем качестве

1911 Gold– True North PEA Metrics, Near-Mine & Regional Exploration Targets, Key Upcoming Milestones

Shaun Heinrichs, President and CEO of 1911 Gold Corp (TSXV: AUMB) (OTCQX: AUMBF), joins me for a comprehensive visual exploration and development update for advancing their True North Project, which includes a permitted mine and mill complex located on the Company’s 100%-owned Rice Lake Gold property, in Manitoba, Canada. Shaun outlines the #exploration opportunity, on a brownfield site, moving rapidly towards the development of a mining district centered on expanding gold resources and eventually moving back into #production at the True North complex. We unpack the key metrics from the Preliminary Economic Assessment (PEA), released to market on February 10th. Shaun also highlights that this PEA is modeled off only a portion of the prior 2018 resource estimate, and doesn’t include any of their drilling over the last 2 years, or the ongoing drilling they are doing this year. Towards the end of this year the Company will be releasing an updated Resource Estimate incorporating the data from the last few years of drilling, and then an updated PEA incorporating that larger resource model. The initial PEA released this month outlines a robust gold mining operation utilizing the fully built and permitted infrastructure, including shafts, underground workings, and the processing and tailings management facility. 1911 Gold has estimated the infrastructure replacement value as being in excess of $400 million. The plan targets steady-state production of 58,114 ounces per annum with a mine life of 11 years. PEA Highlights: • Robust Economics (After-tax): At a long-term gold price of US$3,000 per ounce (“oz”) there is a Net present value (“NPV”) (5%) of $391 million, internal rate of return (“IRR”) of 105%, and a payback period of 2.2 years • At a constant gold price of US$4,800/oz, the NPV(5%) grows to $998 million, with no calculated IRR due to no years with a negative cash flow, and an almost immediate payback period of under 1.0 year. • Fully Permitted, Low Capital Project: Initial capital expenditures (“Capex”) of $59.2 million, utilizing the currently built and permitted payable infrastructure. Additional Capex of $46.7 million during the first 2 years of ramp-up. • Processing: Average diluted mill head grade of 4.32 grams per tonne gold (“g/t”, “Au”) with gold recoveries of 93.5% over the LOM. • Cash Costs and AISC: Producing gold at a cash cost of US$1,390/oz and all in sustaining cost (“AISC”) of US$1,897/oz. • Near-Term Production: Production due to start in the first half of 2027 with test mining and a bulk sample planned for the second half of 2026. • Production Growth: 1911 Gold has identified excellent potential to increase production by developing recently discovered zones such as San Antonio Southeast, San Antonio West, and Shore which are adjacent to existing infrastructure and not included in the study, in addition to regional targets. This led us into the ongoing aggressive exploration program underway at surface for shallow high-grade targets as well as at depth, at their 2 new discoveries: the San Antonio West and San Antonio Southeast. The ongoing drilling is expanding the known resources of around 1.1 million ounces of gold in all categories. With regards to regional targets, there was a 2,200-metre (“m”) diamond drill program completed in December at the Ogama-Rockland gold deposit, located approximately 27 kilometres (“km”) southeast of the True North Gold Project. One surface drill rig was mobilized and commenced drilling on December 12, 2025, and focused on resource expansion and confirmation drilling, with a separate resource update due out from this area later this year. If you have any questions for Shaun regarding 1911 Gold Corp, then please email them into me at Shad@kereport.com. . • In full disclosure, Shad is a shareholder of 1911 Gold at the time of this recording and may choose to buy or sell shares at any time. . . Click below to follow the latest news from 1911 Gold Corp: https://www.1911gold.com/news/press-r... . . Visit our new Substack for a summary of this interview - https://kereport.substack.com/ . Click here to follow Shad's market commentary on Substack: https://excelsiorprosperity.substack.... . Listen to the podcast on our website: https://www.kereport.com/ Subscribe to our Podcast on Spotify: https://rebrand.ly/Spotify_subscribe . . For price quotes on metals and commodities visit - https://clearcommodity.net/ . . Follow us on social media: 🔗   / thekereport   . . Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.