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1911 Gold Corporation Announces Appointment of Carmen Amezquita as Chief Financial Officer

Press Release

Toronto, Ontario, April 4, 2022 – 1911 Gold Corporation (“1911 Gold” or the “Company”) (TSX-V: AUMB) (OTCQX: AUMBF) is pleased to announce the appointment of Carmen Amezquita, CPA, CA, as Chief Financial Officer of 1911 Gold Corporation effective April 1, 2022.

Carmen has extensive experience in the resource sector, having served as the Chief Financial Officer and Corporate Controller for mining companies with both producing mines and exploration properties. Prior to that, she worked in the audit and assurance group at PricewaterhouseCoopers LLP. Carmen received her Chartered Accountant designation in 2010 and holds a Bachelor of Arts degree from the University of British Columbia (“UBC”) as well as a Diploma in Accounting from UBC Sauder School of Business.

Shaun Heinrichs, President and CEO commented: “Since the spin out of 1911 Gold from Klondex Mines Ltd. in 2018, Carmen has worked with the Company in the Corporate Controller capacity, assisting in maintaining our ongoing compliance requirements and exhibiting exceptional resourcefulness as well as a strong understanding of the mining industry. This promotion to CFO is a well-deserved progression for Carmen and I look forward to continuing our working with her in this expanded, senior capacity.”

In connection with her appointment as Chief Financial Officer, Carmen has been granted 150,000 options to purchase common shares of the Company pursuant to the Company’s Share Option Plan. Such options have an exercise price of $0.38 per common share and expire on April 1, 2027. The options vest as to one-third immediately and one-third after the first and second anniversaries of the date of grant.

About 1911 Gold Corporation

1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more than 58,000 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns the True North mine and mill complex at Bissett, Manitoba, where it is reprocessing historic tailings on a seasonal basis. 1911 Gold believes its land package is a prime exploration opportunity, with potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Tully and Denton-Keefer projects near Timmins, Ontario, and intends to focus on both organic growth opportunities and accretive acquisition opportunities in North America.

1911 Gold’s True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, in order to build mutually beneficial working relationships.

For further information, please contact:

Shaun Heinrichs
President and CEO
(604) 674-1293
[email protected]
www.1911gold.com

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