Vancouver – October 06, 2026 -- 1911 Gold Corporation (TSXV: AUMB) (OTCQX: AUMBF) (FRA: 2KY) reported assay results confirming gold mineralization extensions beyond the 2024 Mineral Resource Estimate at its wholly-owned True North Gold Project in southeast Manitoba, with intercepts including 32.90 g/t Au over 0.50 m and 21.20 g/t Au over 0.60 m.
Drilling confirms high-grade extensions at the 710-711 and 007 zones
The results stem from ten diamond drill holes totaling 4,562 metres, drilled from Level 16, 720 metres below surface, as part of the underground resource expansion program. On the 710-711 vein system, hole UG16-26-079 intersected 7.55 g/t Au over 5.00 m, including 16.65 g/t Au over 1.20 m and 32.90 g/t Au over 0.50 m. Hole UG16-26-060 returned 32.40 g/t Au over 1.10 m, while UG16-26-054 delivered 6.84 g/t Au over 2.50 m, including 16.60 g/t Au over 0.50 m.
On the 007 vein system, UG16-26-060 intersected 21.20 g/t Au over 0.60 m and 9.92 g/t Au over 0.60 m. Hole UG16-26-085 returned 7.65 g/t Au over 3.40 m, including 19.60 g/t Au over 0.60 m.
Mineralization extends up to 120 metres beyond existing resource limits
Of five holes testing extensions above the 710-711 Zone, all successfully intercepted gold-mineralized quartz-carbonate veins up-plunge, extending mineralization by 60 metres and over a strike length of 115 metres. Three holes testing below the 007 Zone extended mineralization by 120 metres over a strike length of 150 metres. Two additional holes testing eastward extensions of 710-711 returned no significant results.
CEO links results to district-scale development strategy
Shaun Heinrichs, President and CEO of 1911 Gold, said the latest high-grade results from the 710-711 and 007 zones, combined with previously released results from the L10 Zone, confirm the potential to add new resources at True North and support the company's strategy to build a district-scale gold project. The results will feed into an updated mineral resource estimate currently underway.
Completed drill program totals nearly 46,000 metres across 149 holes
The exploration program, launched from surface in October 2024 and from underground in early October 2025, is now complete, comprising 103 surface holes totaling 28,475 metres (including four abandoned before target depth) and 46 underground holes totaling 17,346 metres.
Updated resource estimate targeted for completion in Q4 2026
The updated mineral resource estimate will incorporate exploration drilling alongside infill and delineation results, and is scheduled for completion in the fourth quarter of 2026. It will include three new discoveries -- San Antonio West, San Antonio Southeast, and Shore -- as well as extensions to the L10, 710-711, 007 and Hinge zones.
Infill drilling continues with three rigs, a fourth pending Level 26 rehabilitation
The company's ongoing infill and delineation drill program, focused on areas planned for test mining in the early years of the Preliminary Economic Assessment mine schedule, is being run from underground with three drill rigs -- two on Level 16 and one from the Hinge decline. A fourth rig will be mobilized once rehabilitation of Level 26 is complete.