Northwire Canada EditionMonday, August 3, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

1911 Gold Positions Itself as an Emerging Gold Producer with Long-Term Growth Opportunities

Cash-Rich and Mine-Ready: 1911 Gold Overcomes Regulatory Hurdle to Fund 2027 True North Restart

By The Northwire Desk — AI Analysis Jan 15, 2026 · 07:01 AUMB · 0.955 1911 Gold Corporation
Executive Summary

The most recent news (January 15, 2026) provides a comprehensive corporate and operational wrap-up of 2025 and an aggressive outlook for 2026. Key highlights include the successful raising of C$36.2 million in 2025, which provides a current cash buffer of approximately $26 million. The company successfully re-entered the True North underground mine, commenced drilling from Level 16, and is on the verge of releasing a Preliminary Economic Assessment (PEA) in the "coming weeks." Drill results from the 2025 surface program confirmed high-grade shoots at San Antonio West, with intercepts including 62.40 g/t Au over 1.0m and 58.66 g/t Au over 1.4m.

Material Impact

The news is Material - Positive as it confirms 1911 Gold has successfully navigated a significant regulatory challenge from late 2025 (where the TSXV initially denied a financing) to emerge with a fortified balance sheet and its development timeline intact. - Financing Resilience: Despite the TSXV appeal denial in November 2025, the company successfully closed an upsized C$23 million financing in December 2025. This ensures the 2026 exploration and rehabilitation programs are fully funded. - Execution on Projections: The company is hitting its stated milestones. The move from surface to underground drilling occurred on schedule (October 2024-2025), and the PEA remains on track for Q1 2026. - Resource Confidence: The 1.1 million oz Au resource (Indicated and Inferred) remains the backbone, but the high-grade near-mine discoveries at San Antonio West suggest potential for resource expansion that could improve the economics of the upcoming PEA.

AUMB · Price
Company Overview

1911 Gold owns the True North Gold Project in Bissett, Manitoba. The project includes a fully permitted 1,300 tonne-per-day (tpd) processing facility and a 1.1M oz Au resource. The company controls the entire Rice Lake Greenstone Belt (over 60,000 hectares). The flagship True North mine is currently in care and maintenance, with a strategic plan to restart production in 2027 by utilizing existing infrastructure and newly discovered high-grade zones near the mine.

Read the original news release →

More from 1911 Gold Corporation

Jul 30, 2026 · 07:02

1911 reports high-grade gold intersections near its mine during post-financing consolidation efforts.

Drill Results Jul 29, 2026 · 08:41

1911 raised $35.65 million at $0.64 per share to fund the 2027 restart of its project amid ongoing scrutiny of its preliminary economic assessment.

Financings Jul 23, 2026 · 20:15

1911 GOLD ANNOUNCES FILING OF FINAL SHORT FORM PROSPECTUS IN CONNECTION WITH $31 MILLION BOUGHT DEAL FINANCING

Financings Jul 02, 2026 · 21:01

1911 Gold Issues Clarification of February 2026 PEA Disclosure

Regulatory Jun 17, 2026 · 18:38

1911 Gold upsizes its bought deal to $31 million to fund the True North restart, though dilution and offtake constraints remain a concern.

Financings Jun 16, 2026 · 16:16

1911 Gold secured a $20m bought deal to fund the True North restart despite dilution and execution risks.

Financings