1911 Gold Corp. · TSXV:AUMB
1911 Gold — Investor Presentation (February 2021)
26 slides from 1911 Gold's investor presentation, February 2021
Slide 1: Reimagining the Historic Rice Lake Gold Camp
Reimagining the Historic Rice Lake Gold Camp TSX-V: AUMB OTCQX: AUMBF February 2021 1911gold.com
Slide 2: Cautionary Statements
1911gold.co m TSX-V: AUMB Cautionary Statements DISCLAIMER The information provided in this presentation is not intended to be a comprehensive review of all matters concerning 1911 Gold Corporation ("1911 Gold" or, the "Company") and should be read in conjunction with all other disclosure documents
Slide 3: About Us
1911gold.co m TSX-V: AUMB About Us A junior gold producer leading the Top Tier Exploration Manitoba & Ontario: Mining friendly, & Mining Jurisdictions with proven regional potential for next generation of precious metals world-class Au deposits exploration and development. Experienced Regional exper
Slide 4: Corporate Strategy
1911gold.co m TSX-V: AUMB Corporate Strategy EXPLORATION INFRASTRUCTURE REVENUE CREDITS Systematically Leverage existing Minimize dilution with Over $69M in identify and define a infrastructure to quickly revenue from tailings assessment credits and Tier-1 gold resource advance new discoveries repro
Slide 5: Capital Structure
1911gold.co m TSX-V: AUMB Capital C A P I TA L S T R U C T U R E Well-funded To Execute Plans Structure Cornerstone Strategic Investor Shares Outstanding 46,562,396 Strong Insider Support Options and RSUs 4,686,240 Warrants (W. Avg Life - 5.2 years) 2,990,233 Fully-Diluted 53,587,627 Cash Position S
Slide 6: Rice Lake Belt
1911gold.co m TSX-V: AUMB Rice Lake Belt Part of the Uchi Domain: Tier-1 in (Red Lake, Cochenour) Canada in gold endowment (>40M oz.) (Madsen) Western extension of the Red Lake belt, with the same geology and history (Dixie) Hallmarks of a world-class orogenic gold district o Ancient plate margin –
Slide 7: Gold Endowment Potential
1911gold.co m TSX-V: AUMB Gold Endowment RICE LAKE – RED LAKE Potential 100,000 Opportunity for significant new 23,800,000 oz. Au discoveries in the Rice Lake – 10,000 75M oz. Au undiscovered Red Lake district (historical production for known deposits) endowment (42 deposits) Gold Endowment (Koz. Au
Slide 8: Dominant Land Position
1911gold.co m TSX-V: AUMB Dominant Land Position Consolidation = Opportunity Consolidation History of 1911 Gold’s Current Land Position Historically fragmented land position limited previous exploration in the Rice Lake belt - district consolidated primarily over the last 10 years Contiguous land pa
Slide 9: Key Structures Identified
1911gold.co m TSX-V: AUMB Key Structures Identified Identical structural setting to True North deposit identified in Tinney & Bidou True North project areas: o Belt-scale symmetry of 1st, 2nd 2M oz. and 3rd Order structures o Structure controlled by large mass of competent rock o Surrounding rocks f
Slide 10: Evidence of Large-scale Gold Systems
1911gold.co m TSX-V: AUMB Evidence of Large-scale Gold Systems Multiple centres of high-grade gold in bedrock offer significant discovery potential Poundmaker Currie’ s Sampling by 1911 Wanipigow E. Gold confirms the Gold Wallac Horse e widespread Horseshoe presence of high grade gold Distinct clust
Slide 11: Main Gold Zone at Rice Lake > 300m
1911gold.co m TSX-V: AUMB Main Gold Zone at Rice Lake > 300m Green shading corresponds to the search-space of first-pass drilling at Bidou and Tinney High-grade orebodies extend to depth down-plunge Largest orebodies, or most significant portions of orebodies, at True North were developed at vertica
Slide 12: Multiple Large Scale Mineralized Targets
1911gold.co m TSX-V: AUMB Multiple Large Scale Mineralized Targets Highly-prospective setting o Regional-scale structural dome o Kilometre-scale shear structures o Excellent host rocks (Fe- tholeiites) o Historical producers (~300k oz. Au) o High-grade gold showings (coloured dots) o Underexplored,
Slide 13: Tinney Project
1911gold.co m TSX-V: AUMB Tinney Project Testing the model D R I L L H O L E C G - 2 0 - 0 0 1 : 9.29 g/t Au over 2.55 m (174.7 to 177.25 m) Phase I Drilling Program (Q4 2019 - Q1 2020) o First-pass drilling of 3 targets o Gunnar dike (host) verified to depth o Several intersecting structures 0.64 g
Slide 14: Bidou Project
1911gold.co m TSX-V: AUMB Bidou Project DRILLHOLE BL-20-002: 2.17 g/t Au over 12.2 m (174.0 to 186.2 m) Testing the model Phase I Drilling Program (Q4 2019 - Q1 2020) o First-pass drilling of 4 targets o 3rd Order structures confirmed o Consistent gold intercepts, locally over significant widths LID
Slide 15: Phase II Drilling Program
1911gold.co m TSX-V: AUMB Phase II Drilling Program Systematic drilling of large-scale structures with clear potential to host significant gold deposits Fully Funded Permitted 5 18,000m PROJECTS TOTAL PROGRAM 14 TARGETS 11 , 0 0 0 m 7,000m 60 FOLLOW-UP DRILLING FIRST-PASS DRILLING DRILLHOLES Tinney
Slide 16: Next Steps
1911gold.co m TSX-V: AUMB Next Steps Continue to aggressively advance towards discovery Ongoing (Q1 2021): o 18,000-metre Phase II drilling program o Super high-resolution drone MAG surveys o 3D IP geophysical surveys Upcoming (H1 2021): Numerous areas o Analysis, modeling and of high-grade interpre
Slide 17: Tailings Reprocessing
1911gold.co m TSX-V: AUMB Tailings Reprocessing Cashflow to fund overhead and minimize dilution LEGEND Sales Oz Sold Cashflow $11.2M $11.2M $10.8M $6.4M 4,997 $5.4M 5,713 4,175 3,285 3,969 $1.6M $2.1M* $0.2M* $2.0M $2.1M 2017 2018 2019 2020* 2021* 80,848 230,427 221,969 224,115 286,667 TONS TONS TON
Slide 18: Strategic Infrastructure
1911gold.co m TSX-V: AUMB Strategic Infrastructure FULLY SIGNIFICANT CENTRALIZED PERMITTED ASSET VALUE LOCATION 1,300 tonnes per day +$200M replacement cost; Historic operations suboptimal mill and mine reduced timeline from as a single-source facility; site infrastructure discovery to production ex
Slide 19: Leadership
1911gold.co m TSX-V: AUMB Leadership RON SHAUN DR. SCOTT CLAYTON HEINRICHS ANDERSON President & CEO CFO VP Exploration Over 40 years of experience in the mining Over 20 years of experience in senior Over 30 years of experience in government geoscience, industry operating in senior executive roles, c
Slide 20: Strategic Advantages
1911gold.co m TSX-V: AUMB Strategic Advantages 1911 Gold Other Exploration Key Strengths Corporation Companies District scale exploration opportunity Condensed timeline to production Capital expenditures required LOWER HIGHER Currently generating revenue Robust exploration model, strategy and method
Slide 21: IR@1911gold.com
604.900.5620 I R @ 1 9 11 G O L D . C O M Suite 1050, 400 Burrard Street Vancouver, British Columbia, Canada V6C 3A6 1911gold.com
Slide 22: Appendix
1911gold.co m TSX-V: AUMB Appendix 22
Slide 23: District History
1911gold.co m TSX-V: AUMB District Birth of a New Gold District o 1881: Gold discovered on Black Island o 1890-91: First geological investigations History o 1911: Rice Lake gold discovery Early days of exploration Early Mine Developments o 1927-1937: Central Manitoba mine o 1932-1968: Rice Lake (San
Slide 24: Exploration Model
1911gold.co m TSX-V: AUMB Exploration Model Mineral Systems Concept (Source, Transport, Sink) Fluid Focusing: o Splays of crustal-scale break o Domains of low mean stress o High differential stress Principal Exploration Targets: o Shear-hosted vein Au o Banded Iron-formation Au Local-scale structura
Slide 25: Exploration Methodology
1911gold.co m TSX-V: AUMB Exploration REGIONAL STRUCTURE Methodology Science-based prediction/detection strategy Systematic, disciplined approach Well-managed, cost-effective execution Definition of Prospective Areas MERGED AND LEVELED HR AMAG o Interpretation of regional aeromagnetic & LiDAR data o
Slide 26: Other Properties
1911gold.co m TSX-V: AUMB Other Manitoba Ontario Properties Apex Tully Denton-Keefer Project Project Project (100% owned) (100% owned) (100% owned) o Historical resource* o Stacked extension o Along projected Focus on Tier-1 (140k tonnes @ 3.3 veins trend of PDF g/t Au) in mafic tuff unit Mining Jur