1911 Gold advances True North Mine dewatering and prepares for restart

1911 Gold Corporation CEO Shaun Heinrichs joined Steve Darling from Proactive to provide an update on progress at the True North mine, highlighting key milestones in the company’s dewatering and rehabilitation efforts. Heinrichs reported that the dewatering program has reached approximately four metres below Level 26, enabling crews to begin rehabilitation work on that level. Dewatering to the bottom of the shaft is expected to be completed before the end of May. Once rehabilitation on Level 26 is finished, the company plans to advance diamond drilling in the high-grade 710–711 zone and begin development work required to support a return to production next year. Crews have already started cleanup activities in the shaft area on Level 26, followed by repairs to essential systems, including compressed air, ventilation, and electrical infrastructure. After dewatering the remaining 50 metres below Level 26, the company will inspect and repair the loading pocket, a critical step for test mining activities scheduled later this year. In parallel, 1911 Gold has made significant progress upgrading its mill processing facility. This includes placing deposits on a new crushing circuit to support the planned restart timeline. The mill is currently expected to be operational by mid-2026, excluding the new crushing circuit, which is scheduled for completion later in the year. To support increased activity, a new camp facility has been installed, adding capacity for 36 personnel, with an additional camp expansion planned for the third quarter of 2026. The company is also continuing to secure mobile mining equipment, either through acquisitions or deposits on new units, to support upcoming test mining and a full operational restart targeted for 2027. #proactiveinvestors #1911goldcorporation #1911gold #tsxv #aumb #otcqx #aumbf #GoldExploration #TrueNorthMine #GoldMining #MineRestart #Dewatering #MiningOperations #HighGradeGold #DiamondDrilling #MineDevelopment #ProcessingPlant #MiningInfrastructure #ResourceDevelopment #ExplorationUpdate #CanadianMining #JuniorMining