1911 Gold Corporation (TSXV: AUMB) announced today the assay results from the 100% owned Apex Gold property in the Snow Lake Mining District in northern Manitoba. Highlights from the grab samples collected include mineralization as high as 1,240 g/t gold.
“The highly prospective Apex Gold Property has rapidly advanced to drill-ready status and the Company looks forward to testing a number of very compelling drill targets that show strong potential for significant discovery,” said 1911 Gold Vice President – Exploration Scott Anderson.
The mining firm also shared that 52% of the samples collected out of the property have returned assays greater than 1 g/t gold, and 18% returned assays greater than 5 g/t gold.
The Apex Gold property covers a total of 2,200 hectares, with the gold mineralization hosted mainly by the Rex Lake pluton. In 2021, the firm cut a 17 line-kilometre grid for a geophysical survey across the major trend of gold mineralization and the western contact of the pluton.
The company said it continues to process data from the 2021 field exploration program conducted on the property. Results will be assessed to identify targets for a planned 2,500-metre exploration drilling in Q1 to Q2 2022.
1911 Gold last traded at $0.335 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
