1911 Gold (TSXV: AUMB) this morning released assay results from drilling conducted at their True North Gold Project in Manitoba. A total of five drill holes saw assay results released, with the holes intersecting gold mineralization within the San Antonio West target.
Highlights from the results include:
- TN-25-061: 10.00 g/t gold over 0.50 metres from a depth of 247.8 metres
- And 8.75 g/t gold over 2.60 metres from a depth of 294.0 metres
- TN-25-064: 24.83 g/t gold over 2.60 metres from a depth of 490.0 metres
- And 2.94 g/t gold over 3.10 metres from a depth of 271.6 metres
- TN-25-067: 4.04 g/t gold over 5.80 metres from a depth of 467.6 metres
- And 5.23 g/t gold over 2.50 metres from a depth of 272.50 metres
- TN-25-071: 6.73 g/t gold over 1.40 metres from a depth of 307.6 metres
Surface drilling conducted at San Antonio West target is said to have confirmed quartz vein hosted gold mineralization to a depth of 630 metres, which is found parallel to the historic San Antonio ore body.
Drill holes also intersected mineralization at shallower depths in an area referred to as the Annex target, which is found within a dacitic volcaniclastic unit. Gold mineralization here is associated with quartz shear veins and vein breccias, with the target now defined along 120 metres of strike and to 160 metres vertically, with the target remaining open up and down dip. The Annex target is said to be an emerging target within the mine footprint, with follow up modeling to determine whether this a new potential ore source close to the current mine infrastructure.
“These high-grade intercepts demonstrate the strength of the True North mineralized system and highlights the continued opportunity to outline new zones of mineralization adjacent to existing infrastructure. With the transition to underground drilling, we will accelerate resource growth across multiple target areas building towards a sustainable restart of operations,” commented Shaun Heinrichs, CEO of 1911 Gold.
While the surface drill program at True North was wrapped up in September, underground drilling continues with two rigs currently operational. Rehabilitation work on the mine infrastructure is also set to commence soon, while a new 2,200 metre surface drill program is currently in the permitting stages.
1911 Gold last traded at $0.88 on the TSX Venture.
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