1911 Gold’s flagship is the True North project near Bissett, Manitoba, about 160 km northeast of Winnipeg in the Rice Lake greenstone belt. It is a past-producing narrow vein orogenic gold system that has produced over 2 million ounces historically through five different operators. The asset comes with a fully built and permitted 1,300 TPD mill, shafts, and tailings facility sitting on top of the existing resource. The company also holds the Apex project in Snow Lake and the Denton-Keefer project in Timmins, both non-core. The conversation focused on the path to restarting True North in H1 2027, the 50,000 metre drill program, mining method and dilution control, and the funding gap to production.
The post 1.1M Ready-to-Mine Ounces, But is 3.6 g/t Really Economical Underground? first appeared on Resource Talks.