Announcement • May 26
1911 Gold Corporation Reports High-Grade Drill Results from Ogama-Rockland Gold Deposit
1911 Gold Corporation provided assay results from the surface resource expansion and confirmation diamond drill program at the Ogama-Rockland Gold Deposit, located approximately 45 kilometres by road, southeast of the operational and fully permitted True North Gold Project, located in southeast Manitoba, Canada. Ogama-Rockland is one of several historical gold producers within trucking distance of the True North mine and mill complex. The deposit hosts a current NI 43-101 inferred resource, as detailed in the technical report dated November 15, 2013, entitled, "A Technical Review of the Ogama-Rockland Deposit on the Rice Lake Property, Manitoba, Canada, for Bison Gold Resources Inc." This program consisted of eight surface diamond drill holes for 2,410 metres designed to confirm the updated geological interpretation and test the extensions of the mineralized veins outside of the 2013 mineral resource estimate. In addition, the company sampled the drill core from 15 historical drill holes for 429 metres (totaling 439 samples) previously not sampled, in preparation for an updated mineral resource estimate expected towards the end of the second quarter of 2026. Drill results from the surface resource expansion and confirmation drilling program recently completed at Ogama-Rockland returned the following highlighted results: OR-25-001 intersected 10.41 grams per tonne gold over 3.40 metres (at 343.80 metres downhole depth), including 32.40 grams per tonne gold over 1.00 metre; OR-26-004 intersected 46.10 grams per tonne gold over 0.60 metre (at 74.30 metres downhole depth); OR-25-001 intersected 7.84 grams per tonne gold over 0.70 metre (at 38.20 metres downhole depth); OR-26-004 intersected 5.57 grams per tonne gold over 0.80 metre (at 248.00 metres downhole depth); OR-26-006 intersected 3.51 grams per tonne gold over 1.00 metre (at 158.30 metres downhole depth). Assay results from sampling of historical drill core returned the following significant results: OG-11-008 intersected 18.10 grams per tonne gold over 0.70 metre (at 272.30 metres downhole depth); OG-11-008 intersected 3.21 grams per tonne gold over 1.21 metres (at 277.26 metres downhole depth). 1911 Gold is in the process of updating the mineral resource estimate for Ogama-Rockland, expected towards the end of the second quarter of 2026. Metallurgical test work is being conducted on a composite drill core sample to confirm the suitability of the True North processing facility for the recovery of gold from Ogama-Rockland. Upon completion of the updated mineral resource estimate, Ogama-Rockland will be considered for inclusion in an updated and expanded preliminary economic assessment. The company, under its previous name Havilah Mining, drilled five surface diamond resource-confirmation holes in 2018, totaling 1,881 metres. Drilling from this program included the following significant results: OG-18-002 intersected 9.82 grams per tonne gold over 3.90 metres (at 347.12 metres downhole depth), including 100.54 grams per tonne gold over 0.34 metre; OG-18-004 intersected 2.83 grams per tonne gold over 12.01 metres (at 476.50 metres downhole depth), including 6.43 grams per tonne gold over 4.75 metres, including 35.28 grams per tonne gold over 0.34 metre; OG-18-002 intersected 16.40 grams per tonne gold over 1.71 metres (at 64.89 metres downhole depth), including 90.79 grams per tonne gold over 0.30 metre; OG-18-001 intersected 18.71 grams per tonne gold over 0.91 metre (at 90.12 metres downhole depth), including 55.23 grams per tonne gold over 0.30 metre. Ogama-Rockland is the most advanced regional target situated in the southeast portion of the company's Rice Lake Exploration Properties, in an area with a number of historical high-grade gold producers and prospective exploration targets. The Ogama-Rockland gold deposit is comprised of the historic Ogama and Rockland producing gold mines, which collectively produced approximately 45,000 ounces of gold between 1948 and 1951 at a grade of 11.20 grams per tonne gold. The deposit is hosted in steeply north-east dipping north-west trending quartz shear veins and stockworks with associated pyrite, chalcopyrite, pyrrhotite mineralization and sericite, chlorite alteration, located in brittle-ductile structures within a multiphase tonalite-granodiorite on the southeast margin of the Ross River pluton. The veins have been traced for over 1,500 metres and drilled to depths of 400 metres. Nine major veins have been modelled within the main area of the mineralized system and confirmed in recent drilling with five additional subordinate parallel veins modelled. The drill program was designed to confirm the occurrence and extensions of modelled veins to the northwest over a distance of 200 metres beyond previous drilling and to test the extensions of veining to the southeast in one drill hole in an 85 metre step-out. The updated interpretation of the modelled veins was confirmed in all eight drill holes intersecting the quartz veins as predicted. Seven of the eight drill holes intersected significant gold mineralization associated with the modelled veins. Drill hole OR-25-001 was collared 40 metres to the southeast of historical drill hole OG-12-025 intersecting all of the veins targeted, and confirming the down-dip extensions of the V06 vein by over 50 metres, intersecting 10.41 grams per tonne gold over 3.40 metres (at 343.80 metres down hole depth), including 32.40 grams per tonne gold over 1.00 metre and extending the V40 vein at depth by over 75 metres, intersecting 1.66 grams per tonne gold over 1.10 metres (at 405.60 metres downhole depth). Drill hole OR-25-002, was drilled as a 60 metre step-out to the northwest of drill hole OR-25-001 intersecting the veins as predicted but with no significant results. Drill hole OR-25-003, a 45 metre step out to the northwest of hole OR-25-002, intersecting the veins as modelled and returning 0.33 grams per tonne gold over 3.20 metres at 251.0 metres downhole depth. Drill hole OR-26-004, an 85 metre step out to the northwest of hole OR-25-003, confirming the V01, and V02 veins intersecting 2.55 grams per tonne gold over 1.00 metre at 179.20 metres downhole depth, and 46.10 grams per tonne gold over 0.60 metre (at 74.30 metres downhole depth), and extended the depth extensions of the V40 vein by over 50 metres, intersecting 5.57 grams per tonne gold over 0.80 metre (at a 248.00 metres downhole depth). Drill hole OR-26-005 was drilled as a 50 metre step out to the northwest of hole OR-26-004, confirming vein V01, intersecting 3.39 grams per tonne gold (at a downhole depth of 208.20 metres) and vein V06 intersecting 3.51 grams per tonne gold over 1.00 metre (at a downhole depth of 158.30 metres). Drill hole OR-26-006 was drilled to undercut the vein system by 50 metres below drill holes OR-26-004 and OR-26-005, intersecting vein V02 returning 3.51 grams per tonne gold over 1.00 metre (at 158.30 metres downhole depth).
