1911 Gold Corporation

TSXV:AUMB Stock Report

Market Cap: CA$303.4m

1911 Gold Management

Management criteria checks 2/4

1911 Gold's CEO is R. Heinrichs, appointed in Mar 2022, has a tenure of 3.58 years. total yearly compensation is CA$324.50K, comprised of 69.3% salary and 30.7% bonuses, including company stock and options. directly owns 1.47% of the company’s shares, worth CA$4.46M. The average tenure of the management team and the board of directors is 2.6 years and 1.5 years respectively.

Key information

R. Heinrichs

Chief executive officer

CA$324.5k

Total compensation

CEO salary percentage69.34%
CEO tenure3.6yrs
CEO ownership1.5%
Management average tenure2.6yrs
Board average tenure1.5yrs

Recent management updates

Recent updates

Weekly Picks: ⛏️ The Gold Play With Permits, A Plan And Real Momentum And 2 More Picks

Sep 24
Weekly Picks: ⛏️ The Gold Play With Permits, A Plan And Real Momentum And 2 More Picks

Fully Permitted Gold Mine with 50 Baggers Potential

1911 Gold – Updated Snapshot (September 2025) Latest verified facts The company commenced a PEA on the True North restart in late August 2025 with AMC Consultants; a short trial mining campaign (3–5 months) is planned to validate methods and economics ahead of a bulk sample. Newswire+1 Corporate presentation (Sept 9, 2025) shows 262.32M shares outstanding (296.19M fully diluted) and ~C$15.2M cash including a recent financing.
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If gold reaches $4,000 per oz

Current Resource Base: The company has a significant resource base, including:True North Mine: 1 million oz at 6 gpt.Ogama-Rockland: 300,000 oz at 8 gpt.Assuming they find additional resources, let’s
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A case for TSXV:AUMB to reach USD$2.69 (CAD$3.70) by 2030 (15X).

Indicated Resources: 3.52 million tonnes at 4.4 g/t gold (499,000 oz)

We're Keeping An Eye On 1911 Gold's (CVE:AUMB) Cash Burn Rate

Apr 07
We're Keeping An Eye On 1911 Gold's (CVE:AUMB) Cash Burn Rate

CEO Compensation Analysis

How has R. Heinrichs's remuneration changed compared to 1911 Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-CA$10m

Mar 31 2025n/an/a

-CA$8m

Dec 31 2024CA$325kCA$225k

-CA$5m

Sep 30 2024n/an/a

-CA$3m

Jun 30 2024n/an/a

-CA$2m

Mar 31 2024n/an/a

-CA$2m

Dec 31 2023CA$324kCA$229k

-CA$2m

Sep 30 2023n/an/a

-CA$3m

Jun 30 2023n/an/a

-CA$4m

Mar 31 2023n/an/a

-CA$7m

Dec 31 2022CA$315kCA$220k

-CA$11m

Sep 30 2022n/an/a

-CA$12m

Jun 30 2022n/an/a

-CA$12m

Mar 31 2022n/an/a

-CA$9m

Dec 31 2021CA$246kCA$205k

-CA$9m

Sep 30 2021n/an/a

-CA$7m

Jun 30 2021n/an/a

-CA$5m

Mar 31 2021n/an/a

-CA$7m

Dec 31 2020CA$221kCA$193k

-CA$6m

Sep 30 2020n/an/a

-CA$7m

Jun 30 2020n/an/a

-CA$6m

Mar 31 2020n/an/a

-CA$8m

Dec 31 2019CA$170kCA$170k

-CA$8m

Sep 30 2019n/an/a

-CA$12m

Jun 30 2019n/an/a

-CA$27m

Mar 31 2019n/an/a

-CA$27m

Dec 31 2018CA$100kCA$100k

-CA$33m

Compensation vs Market: R.'s total compensation ($USD232.54K) is below average for companies of similar size in the Canadian market ($USD531.50K).

Compensation vs Earnings: R.'s compensation has increased whilst the company is unprofitable.

CEO

R. Heinrichs (51 yo)

3.6yrs
Tenure
CA$324,500
Compensation

Mr. R. Shaun Heinrichs, BBA, CA, CPA (Illinois), served as Chief Financial Officer, Corporate Secretary and Director at Ring the Bell Capital Corp. He serves as President, CEO and Director at 1911 Gold Cor...

Leadership Team

NamePositionTenureCompensationOwnership
Gary O'Connor
Executive Chair1.5yrsCA$78.75k0.88%
CA$ 2.7m
R. Heinrichs
President3.6yrsCA$324.50k1.47%
CA$ 4.5m
Carmen Amezquita Hernandez
Chief Financial Officer3.5yrsCA$84.70kno data
Michele Libera
Vice President of Exploration1.8yrsCA$167.48k0.011%
CA$ 34.5k
Shaun Drake
Corporate Secretaryno datano data0.011%
CA$ 32.2k
2.6yrs
Average Tenure
54.5yo
Average Age

Experienced Management: AUMB's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gary O'Connor
Executive Chair1.5yrsCA$78.75k0.88%
CA$ 2.7m
R. Heinrichs
President3.6yrsCA$324.50k1.47%
CA$ 4.5m
Michael Hoffman
Independent Director7.4yrsCA$33.34k0.68%
CA$ 2.1m
Anna Ladd-Kruger
Independent Director1.2yrsCA$5.00k0.038%
CA$ 115.0k
Blair Schultz
Independent Director1.3yrsCA$10.00k1.49%
CA$ 4.5m
1.5yrs
Average Tenure
55yo
Average Age

Experienced Board: AUMB's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/07 11:26
End of Day Share Price 2025/10/07 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

1911 Gold Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul O'BrienVelocity Trade Capital Ltd