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1911 Gold Further Consolidates the Rice Lake District
1911 Gold Further Consolidates the Rice Lake District Canada NewsWire ...
About this update from 1911 Gold Corp.
[{"type":"text","content":"\n \n \n \n 1911 Gold Further Consolidates the Rice Lake District\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n June 7, 2021\n \n /CNW/ -\n \n 1911 Gold\n \n \n Corporation\n \n (\"1911 Gold\" or the \"Company\") (TSXV: AUMB) (OTCQX: AUMBF) is pleased to announce that it has signed a definitive agreement dated\n \n June 7, 2021\n \n , with StrikePoint Gold Inc. (\"StrikePoint\") (\n \n TSX-V: SKP\n \n ) with respect to the acquisition of 100 per cent interest in StrikePoint's Angelina Property (the \"Property\"), located approximately 20 kilometres southeast of\n \n Bissett, Manitoba\n \n , site of the Company's True North mill and tailings facilities.\n \n \n \n \n \n \n \n \n \n The Property comprises 17 contiguous mining claims, totalling 2,300 hectares, that adjoin the Company's\n \n Central Manitoba\n \n and Cryderman properties. These three properties, thus consolidated, extend continuously along the Rice Lake greenstone belt for over 19 kilometres and include highly prospective geology, several past-producing mines and significant gold showings, and the Company's active Tinney and Bidou exploration projects.\n \n \n \n Scott Anderson\n \n , Vice President, Exploration, commented: \"This acquisition further consolidates the Company's dominant, 55,600 hectare, land position in the Rice Lake greenstone belt, which represents the western extension of the prolific\n \n Red Lake\n \n belt in adjacent\n \n Ontario\n \n . The Property connects the Company's\n \n Central Manitoba\n \n and Cryderman properties, covering a major structural corridor in the eastern Rice Lake belt that is a focus of the Company's exploration activities. With over\n \n $500,000\n \n in available excess work credits, the Property also provides 1911 Gold with added flexibility in managing its land holdings. Additionally, we look forward to following up on the quality exploration work completed by StrikePoint from 2010 to 2012 at Angelina, which included detailed mapping, prospecting, ground magnetic and induced polarization su...