1911 Gold

What 1911 Gold does

1911 Gold Corporation is a junior gold producer and exploration company operating in the Rice Lake greenstone belt in Manitoba, Canada. The company controls a dominant land position of over 61,647 hectares and holds the True North Complex, which includes a fully permitted 1,300 tonnes-per-day processing facility, an underground mine with multi-zone access (1,219-metre A-shaft plus ramp system to 1,675 metres vertical depth), a tailings management area, and a 200-room camp. Mineral resources stand at 499,000 ounces indicated and 644,000 ounces inferred, with the district historically producing over 2 million ounces of gold.

The company's core product is the True North Gold Project, where ore is processed via crushing, grinding, gravity concentration, flotation, and a six-stage carbon-in-pulp (CIP) circuit with 93.5% nameplate recovery. 1911 Gold also conducts seasonal tailings reprocessing and holds exploration-stage assets including the Rice Lake and Central Manitoba claim blocks, Ogama-Rockland, Denton-Keefer (Ontario), and Apex (near Snow Lake). The company produces gold doré bars that are shipped to refineries for sale on global commodity markets.

1911 Gold is pre-revenue and is currently advancing toward commercial production targeted for H1 2027, supported by a Preliminary Economic Assessment that projects 58,114 ounces per year at US$1,390/oz cash cost and US$1,897/oz AISC over an 11-year mine life, with a US$59.2 million initial capex, US$391 million after-tax NPV (5%), and 105% IRR at US$3,000/oz gold. Capital is sourced through equity financings led by Haywood Securities, a US$30 million secured credit facility with Auramet International (carrying a 100% gold offtake provision), and grants from the Manitoba Mineral Development Fund. The company is publicly listed on TSX-V (AUMB), OTCQX (AUMBF), and Frankfurt (2KY).

Name

1911 Gold

Legal name

1911 Gold Corporation

Website

https://1911gold.com

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

1911 Gold Corporation is a junior gold producer advancing the True North Gold Project in Manitoba, Canada, targeting commercial production restart in H1 2027 with 58,114 oz/year steady-state output from a fully permitted processing facility and underground mine on a 62,000-hectare land position.

Ownership category

akta.pro rank

Product category

Gold Mining

NAICS

Gold Ore and Silver Ore Mining (21222), Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Gold Mining (IMAKAEAA)

Keywords

• Gold mining
• Mineral exploration
• Gold production
• Precious metals
• Underground mining

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Gold Production and Sales: The company produces gold doré bars from its True North processing facility which are shipped to refineries prior to sale. Historical production from True North exceeded 2 million ounces. Future revenue will come from restart of commercial production targeted for H1 2027 at steady-state production of 58,114 ounces per annum.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

1911 Gold Corporation is a junior gold producer focused on exploring, developing, and producing gold from its True North Gold Project in Bissett, Manitoba. The company operates a fully permitted 1,300 tonnes per day processing facility and an underground mine, producing gold doré bars for shipment to refineries and sale on global commodity markets. The company holds a district-scale land position of over 61,647 hectares in the Rice Lake greenstone belt and is targeting restart of commercial gold production in 2027 at a steady-state rate of 58,114 ounces per annum.

Product overview

1911 Gold Corporation is a junior gold exploration and development company operating in Manitoba, Canada. The company's core asset is the True North Gold Project, which includes a fully-permitted 1,300 tpd processing facility with tailings management infrastructure, and an underground mine with existing mineral resources. The company also operates tailings reprocessing to recover gold from historical mining waste. The portfolio includes the Rice Lake Exploration Properties (~62,000 hectares), the True North Complex, the Ogama-Rockland Gold Deposit, and additional exploration properties in Manitoba and Ontario. The company is targeting production restart in 2027.

Differentiator

Problem solved

Functional benefit

Products and services

• True North Gold Project 1911 Gold's flagship gold mining asset featuring a fully permitted 1,300 tonnes per day processing facility, tailings management area and reprocessing operation, and underground mine infrastructure in Bissett, Manitoba. The project targets steady-state production of 58,114 ounces of gold per annum with an 11-year mine life based on the 2024 Mineral Resource Estimate, with commercial production restart targeted for 2027.
• Rice Lake Exploration Properties A district-scale exploration land package totaling over 61,647 hectares covering the most prospective portions of the Rice Lake greenstone belt in Manitoba. The property includes two large claim blocks (Rice Lake and Central Manitoba) with significant past-producing mines and multiple exploration targets, explored using high-resolution LiDAR, aeromagnetic data, and innovative geological and geochemical surveying techniques.
• Tailings Reprocessing Operations Seasonal operation (April to November) recovering gold from historical tailings at Rice Lake using excavator windrowing within the Tailings Management Area for dewatering, with processing at 55 tonnes per hour and a target rate of 1,300 tonnes per day. From 2018 through 2022, the operation produced approximately 24,742 ounces of gold from a 110-hectare Tailings Management Area with remaining estimated resources of 15,166 ounces of gold.
• Ogama-Rockland Gold Deposit Historic gold deposit located approximately 25 km southeast of the True North Complex. The Ogama and Rockland mines produced approximately 50,000 ounces of gold between 1948 and 1951 at a reported grade of 11.2 g/t Au. The company is conducting exploration drilling and resource verification programs at the site.
• Denton-Keefer Property Exploration property near Timmins, Ontario included in the company's portfolio of exploration assets.
• Apex Exploration Property Exploration property in Manitoba near Snow Lake, with grab samples returning up to 1,240 grams per tonne gold.
• True North Processing Facility Modern ore processing facility at the True North Complex consisting of crushing, milling, centrifugal gravity concentration, and flotation circuits. The facility includes a six-stage carbon-in-pulp (CIP) circuit for gold recovery with name-plated recovery of 93.5% based on a feed grade of 5.5 g/t Au. Current capacity is 1,300 tonnes per day with plans to return to 2,300 tonnes per day with additional crushing capability.

Quantifiable outcome

• 58,114 oz/year steady-state gold production at cash cost US$1,390/oz and AISC US$1,897/oz
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Hollow Water First NationcoreStrategic or Co-development Partner · 26 May 2026Community relationship with Hollow Water First Nation whose traditional territory includes the True North complex and Rice Lake exploration land package. Company maintains cooperative and respectful communications for mutually beneficial working relationships.
• Black River First NationcoreStrategic or Co-development PartnerCommunity relationship with Black River First Nation whose traditional territory includes the True North complex and exploration land package.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Maple Gold Mines: Canadian junior gold explorer with a large Quebec land package; smaller and earlier-stage than 1911 Gold but operates in a similar greenstone-belt exploration model.

Others

• Auramet International: Precious-metals-focused financier providing offtake, debt, and equity capital to junior and mid-tier miners; relevant as 1911 Gold's US$30M credit facility counterparty and a key industry ecosystem participant.

Direct peers

• Wesdome Gold Mines: Canadian-focused gold producer operating underground mines with on-site mills; comparable scale, jurisdiction (Ontario/Quebec), and brownfield production-restart profile to 1911 Gold.
• Orezone Gold Corporation: Junior gold developer transitioning into a producer with a single flagship asset; similar market cap range, single-asset concentration, and mill-build narrative to 1911 Gold.
• Troilus Gold Corporation: Canadian junior gold developer with a district-scale land package in Quebec working through feasibility and permitting; comparable single-asset developer profile with TSX-V listing.
• Marathon Gold Corporation: Canadian junior developer advancing a multi-million-ounce gold project toward production; similar pre-revenue developer stage with mill construction and underground/open-pit mine plan.
• Argonaut Gold: Intermediate North American gold producer with multiple operating mines and active development projects; closest direct comparable in size and stage to 1911 Gold's True North restart.

Broad incumbents

• IAMGOLD Corporation: Intermediate gold producer with Canadian operating assets (Côté Lake) and development pipeline; broader portfolio but overlapping jurisdiction and gold-focused operations.
• Equinox Gold Corp. Multi-asset gold producer with Canadian operating mines (Greenstone, Mesquite); relevant comparable for production economics, AISC, and Canadian gold operations.
• Alamos Gold Inc. Intermediate gold producer with significant Canadian operations (Island Gold) and a track record of acquiring and developing junior assets; comparable mining jurisdiction and underground gold expertise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/1911-gold-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds10 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 1911 Gold