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1911 Gold Receives Exploration Grant from Manitoba Mineral Development Fund
1911 Gold Receives Exploration Grant from Manitoba Mineral Development Fund Can...
About this update from 1911 Gold Corp.
[{"type":"text","content":"\n \n \n \n 1911 Gold Receives Exploration Grant from Manitoba Mineral Development Fund\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 Sept. 1, 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 the Company has been approved for a\n \n $300,000\n \n grant from the Manitoba Mineral Development Fund (\"MMDF\") to support the 2021 field exploration program and advance its 100% owned Rice Lake gold exploration properties in\n \n Manitoba\n \n .\n \n \n \n \n \n \n \n \n \n Proceeds from this grant will go directly to fund the ongoing 2021 field exploration program, which commenced in May with an overall budget of\n \n $1.2 million\n \n . This program continues to advance six project areas towards discovery, and involves geological mapping, prospecting, outcrop stripping, surficial geochemistry and geophysical surveys, conducted by the Company's\n \n Manitoba\n \n -based exploration team, comprising 18 geologists and summer student assistants from local universities. To date in 2021, approximately 5,000 samples have been collected for geochemical and assay analysis. New data from this program will be combined with historical data and the Company's new high-resolution drone magnetic survey data to define targets for the 2021–2022 exploration drilling program commencing in the fall.\n \n \n The MMDF was launched by the Government of\n \n Manitoba\n \n in\n \n August 2020\n \n with the specific goal of jump-starting mineral and economic development initiatives throughout the province. The MMDF is administered through the Manitoba Chambers of Commerce and aims to support new economic development opportunities that capitalize on existing assets and infrastructure across\n \n Manitoba\n \n , such as the Company's True North mine, mill and tailings facilities located at\n \n Bissett, Manitoba\n \n .\n \n \n \n Ron Clayton\n \n , President and CEO, stated, \"We are pleased to receive this support from the Manit...