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1911 Gold (FRA:2KY) confirms high-grade gold mineralization at its True North mine, including 50.61 g/t Au, ahead of a Q4 2026 resource estimate update.
1911 Gold Corporation has intersected high-grade gold mineralization at its True North mine, including a peak result of 50.61 grams per tonne (g/t) Au over 1.60 meters, as the company works to expand its resource base [1]. These results, derived from an eight-hole underground drill program, confirm a geological connection between the L10 Zone and the larger 710-711 Zone, providing critical data for an upcoming global mineral resource estimate scheduled for the fourth quarter of 2026 [1].
| At a glance | |
|---|---|
| Peak Assay Result | 50.61 g/t Au over 1.60 m |
| Program Scope | 2,955 meters across 8 holes |
| Resource Update | Q4 2026 |
| Target Area | L10/710-711 Complex Link |
The latest drilling targeted the "L10/710-711 Complex Link," a zone located outside of the current 2024 mineral resource estimate [1]. Among the notable intercepts, drill hole UG16-26-072 returned 10.73 g/t Au over 8.90 meters, while UG16-26-076 confirmed the 50.61 g/t Au grade at a downhole depth of 219.20 meters [1]. These findings validate the company's hypothesis regarding the continuity of the vein systems between the two zones, which are situated within the True North mine lease area [1].
The company has now completed 20 drill holes totaling 6,563 meters as part of its current expansion effort [1]. According to management, the high-grade nature of these intercepts supports the potential for increasing the mine's resource profile [1]. Geological wireframe modeling is currently underway, and the final data will be integrated into a global resource update that combines the True North project with the Ogama-Rockland Gold Project [1].
The L10 Zone remains open approximately 200 meters down-plunge and 200 meters along strike, suggesting further exploration upside [1]. Currently, 1911 Gold is operating three drill rigs underground, with a fourth rig expected to be mobilized following the completion of rehabilitation work on Level 26 [1]. While the company has confirmed these geological links, it noted that additional results from ongoing infill and delineation drilling are pending and will be released once assays are received [1].
The successful confirmation of the L10/710-711 link provides the company with a clearer geological model as it prepares for its year-end resource reporting. Whether these high-grade intercepts translate into a material expansion of the mine's economic reserves remains the central question for the upcoming resource estimate.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Sep 12, 2026 · How we report
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