1911 Gold Corporation is located in the heart of the world-class Rice Lake gold district within the West Uchi greenstone belt. The Company holds a dominant land position with over 62,000 Hectares, an operating milling facility, an underground mine with one million ounces in mineral resources, and significant upside surface exploration potential.
Rice Lake is a classic Archean greenstone belt, bound by two crustal-scale faults and containing 2 major mine trends containing more than 10 significant deposits. Rice Lake has widespread gold mineralization and is vastly underexplored compared to the Red Lake district in Ontario, with previous exploration narrowly focused on historic showings. 1911 Gold Corporation is combining high-resolution LiDAR and aeromagnetic data along with innovative geological and geochemical surveying techniques to drive exploration success.
The existing infrastructure at Rice Lake includes a fully permitted processing mill (with additional processing capacity), tailings facility, and three underground mines (with over 1M oz in mineral resources at 6.4 g/t Au). Replacement value for this strategic asset is well in excess of $300M.
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1911 Gold Corporation
400 Burrard Street, Suite 1050
Vancouver, BC V6C 3A6 Canada
ir@1911gold.com