1911 Gold Re-establishes Access to Level 26 at the True North Mine
Press Release
Vancouver, BC, April 16, 2026 – 1911 Gold Corporation (“1911 Gold” or the “Company”) (TSXV: AUMB; OTCQX: AUMBF; FRA: 2KY), an advanced gold exploration and development company advancing the fully built and permitted True North Gold Project (“True North”) towards production in 2027, is pleased to announce that the dewatering program at the True North mine has reached approximately 4 metres below Level 26, allowing the Company to commence rehabilitation work on the level. Dewatering to the shaft bottom (including the loading pocket) is expected to be completed before the end of May. Following the completion of rehabilitation work on Level 26, the Company will be able to advance the diamond drilling program in the high-grade 710-711 zone, as well as commence development work necessary for production next year.
View the VRIFY deck which shows the 3D view of the True North underground infrastructure with the mineral resources accessible from Level 26.
Level 26 Operational Highlights
- Logistical Focal Point for Underground Mining: The Level 26 loading pocket is currently the primary mechanism for moving ore to the surface. Accessing this infrastructure is a prerequisite for the test mining and bulk sampling programs scheduled for Level 16 in the coming months.
- Access to High-Grade Zones: Re-entry into Level 26 provides access to the high-grade 710-711 zone, as well as the D Shaft, which serves as the primary access point to the mine’s lower levels, including the Deep East zone.
- Platform for Resource Expansion: Level 26 will provide multiple options for continued underground drilling on high-potential targets, both expanding the existing mineral resources and extending the projected mine life, as well as continuing to follow up on the new discoveries at depth.
Shaun Heinrichs, President and CEO stated, “Re-establishing access to Level 26 is a significant step in our operational sequence for two reasons. First, from a logistical standpoint, it provides the primary hoisting infrastructure and loading pocket required to support our planned test mining on Level 16 later this year. Equally important, Level 26 is critical for accessing the high-grade 710-711 zone, which Klondex Mines briefly mined in 2017, and for positioning us to evaluate the D Shaft to reach the lower levels of the True North mine, including the Deep East zone. Over the coming months, we will re-establish essential services and mobilize drill rigs to further expand the resource base in these areas.”
Crews have commenced clean-up of the shaft area on Level 26, followed by repairing essential compressed air, ventilation, and electrical systems. Following the dewatering of the remaining 50 metres below Level 26, the Company will conduct an inspection and repair of the loading pocket area, which is required for test mining activities scheduled later this year.
Other Site Developments
Over the last several months, the Company has made significant progress in refurbishing and optimizing the mill processing facility, including placing critical deposits on the new crushing circuit to support the scheduled restart timeline. Currently, the mill is scheduled to be operational in mid-2026, excluding the new crushing circuit, which is scheduled for completion later in the year. A new camp facility was recently installed, expanding camp capacity by an additional 36 people, with another camp facility expected in the third quarter of 2026.
The Company continues to acquire necessary mobile mining equipment or place deposits on newly constructed units to be used in both the upcoming test mining activities and the full restart of operations in 2027.
Figure 1: Long Section (Looking North) – True North Mine Infrastructure and Access (Level 26)
About 1911 Gold Corporation
1911 Gold is an advanced gold explorer and developer focused on its 100%-owned True North Gold Project in the Archean Rice Lake Greenstone Belt in Manitoba, Canada. The Company controls a large, highly prospective ~62,000-hectare land package with numerous past-producing gold operations within trucking distance of the fully built and permitted True North mine and mill complex. 1911 Gold is positioning itself to restart operations in 2027 and offers a unique, near-term production opportunity with significant exploration upside. The strategy is to build a district-scale gold mining operation around a central, and readily expandable infrastructure complex to support a socially and environmentally responsible, long-term mining operation with little development risk and a growing mineral resource base.
1911 Gold’s True North complex and the exploration land package are located within and among the First Nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, cooperative, and respectful communications with all of our local communities and stakeholders to foster mutually beneficial working relationships.
ON BEHALF OF THE BOARD OF DIRECTORS
Shaun Heinrichs
President and CEO
For further information, please contact:
Shaun Heinrichs
Chief Executive Officer
(604) 674-1293
ir@1911gold.com
www.1911gold.com
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