# 1911 Gold Targets 2027 Restart of Fully Permitted True North Mine in Manitoba Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/1911-gold-targets-2027-restart-of-fully-permitted-true-north-mine-in-manitoba--5413f913-519d-4ac3-9f47-fb136fe4ccf6 Original source: https://www.cruxinvestor.com/posts/1911-gold-targets-2027-restart-of-fully-permitted-true-north-mine-in-manitoba Publisher: cruxinvestor Original announcement: 2026-09-15T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: 1911 Gold Corporation - Ticker: AUMB - Exchange: Unavailable - Region: Manitoba - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-15 11:04:48 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary 1911 Gold is targeting a 2027 production restart at its fully permitted True North mine in Manitoba, supported by strong PEA economics. Recent drilling has confirmed a high-grade link between zones, and the company is preparing a global resource update for Q4 2026. Reasoning: The document reports high-grade drill results that extend known mineralization and provides updated resource figures for Ogama-Rockland, supporting a district-scale growth thesis. - Positive factor: High-grade drill intercepts confirming mineralized link - Positive factor: Significant inferred resource at Ogama-Rockland - Positive factor: Fully permitted project with existing infrastructure - Positive factor: Strong PEA economics \(105% IRR\) - Negative factor: Upcoming debt amortisation in April 2027 - Negative factor: Historical operating difficulties with dilution Facts used in scoring: 5 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 50.61 g/t Au is exceptionally high grade. Evidence · text > 50.61 g/t Au over 1.60 metres **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The Ogama-Rockland resource is stated as inferred. Evidence · text > Ogama-Rockland ... now stands at 712,000 ounces at 6.68 g/t Au ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/1911-gold-targets-2027-restart-of-fully-permitted-true-north-mine-in-manitoba--5413f913-519d-4ac3-9f47-fb136fe4ccf6#fact-drill-facts-0) True North · gold Needs review: drill\_no\_hole\_id #### Identity - Project: True North - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: AUMB #### Geometry - Grade: 10.73 - Grade Unit: g/t - Intercept: 8.9 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Mining Method: underground #### Location - Location: L10 zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: 10.73 g/t over 8.9m is a strong intercept for an underground target. - Positive factor: High grade intercept Evidence · text > 10.73 g/t Au over 8.90 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/1911-gold-targets-2027-restart-of-fully-permitted-true-north-mine-in-manitoba--5413f913-519d-4ac3-9f47-fb136fe4ccf6#fact-drill-facts-1) True North · gold Needs review: drill\_no\_hole\_id #### Identity - Project: True North - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: AUMB #### Geometry - Grade: 50.61 - Grade Unit: g/t - Intercept: 1.6 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Mining Method: underground #### Location - Location: 710-711 zone - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: 50.61 g/t is an exceptional high-grade intercept. - Positive factor: Bonanza grade intercept Evidence · text > 50.61 g/t Au over 1.60 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/1911-gold-targets-2027-restart-of-fully-permitted-true-north-mine-in-manitoba--5413f913-519d-4ac3-9f47-fb136fe4ccf6#fact-drill-facts-4) Ogama-Rockland · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Ogama-Rockland - Commodity: gold - Region: canada\_mb - Reported Region: canada\_mb - Ticker: AUMB #### Geometry - Grade: 6.68 - Grade Unit: g/t #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Significant new resource addition to the district. - Positive factor: New inferred resource estimate Evidence · text > Ogama-Rockland ... now stands at 712,000 ounces at 6.68 g/t Au #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/1911-gold-targets-2027-restart-of-fully-permitted-true-north-mine-in-manitoba--5413f913-519d-4ac3-9f47-fb136fe4ccf6#fact-resource-facts-2) True North · gold #### Identity - Project: True North - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: AUMB #### Resource scope - Estimate type: resource - Resource group id: resource:c9fdd9c82ef474d4acdc - Deposit or zone: True North #### Resource Data - Category: indicated - Tonnes: 3500000 - Grade: 4.41 - Grade Unit: g/t - Contained Metal: 499000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Provides the base for the 2024 MRE. - Positive factor: Solid indicated resource Evidence · text > 499,000 ounces indicated \(3.5 million tonnes at 4.41 g/t Au\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/1911-gold-targets-2027-restart-of-fully-permitted-true-north-mine-in-manitoba--5413f913-519d-4ac3-9f47-fb136fe4ccf6#fact-resource-facts-3) True North · gold #### Identity - Project: True North - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba - Ticker: AUMB #### Resource scope - Estimate type: resource - Resource group id: resource:149cd6d12d90578b747b - Deposit or zone: True North #### Resource Data - Category: inferred - Tonnes: 5500000 - Grade: 3.65 - Grade Unit: g/t - Contained Metal: 644000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-15T00:00:00.000Z Reasoning: Large inferred component provides significant upside but lower confidence. - Positive factor: Significant inferred tonnage - Negative factor: Inferred category limits confidence Evidence · text > 644,000 ounces inferred \(5.5 million tonnes at 3.65 g/t Au\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.