1911 Gold Corp. · TSXV:AUMB
1911 Gold — Investor Presentation (March 2024)
21 slides from 1911 Gold's investor presentation, March 2024
Slide 1: Corporate Presentation
High-Grade Gold in Manitoba, Canada Corporate Presentation March 2024 TSX-V: AUMB | OTC: AUMBF
Slide 2: Cautionary Statements
TSX-V: AUMB | OTC: AUMBF 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 o
Slide 3: Overview: 1911 Gold Corporation
TSX-V: AUMB | OTC: AUMBF Overview: 1911 Gold Corporation Fully Existing Large Portfolio Compelling Permitted 1M oz Gold of Gold Investment and Built Resource Prospects Opportunity 3
Slide 4: Capital Structure
TSX-V: AUMB | OTC: AUMBF Capital Structure Share Performance Price Volume (Millions) Deep Value Opportunity $1.0 2.0 $0.8 1.6 Cornerstone Strategic Investors $0.6 1.2 $0.4 0.8 Strong Insider Support $0.2 0.4 $0.0 0.0 No Debt Sep '19 Jan '20 May '20 Sep '20 Jan '21 May '21 Sep '21 Jan '22 May '22 Sep
Slide 5: Leadership
TSX-V: AUMB | OTC: AUMBF Leadership Focused on Performance and Value Creation Shaun Heinrichs Carmen Amezquita Dr. Scott Anderson President and CEO CFO VP Exploration Over 20 years of experience in Over 10 years working in the Over 30 years of experience in government senior corporate finance roles
Slide 6: Rice Lake Greenstone Belt
TSX-V: AUMB | OTC: AUMBF Rice Lake Greenstone Belt Uchi Sub-Province: >40M oz Gold Endowment Rice Lake Belt – The Western Extension of The Red Lake Belt Located in Manitoba, Canada Control of entire Greenstone Belt True North Prolific Superior Province >200Moz Gold Production Under explore
Slide 7: Dominant Land Position
TSX-V: AUMB | OTC: AUMBF Dominant Land Position Regional Consolidation Control of Rice Lake Greenstone Belt This is the first time this property package (over 63,000 hectares) has been consolidated. Predecessors never had this opportunity. True North Mine Covers 75 km of the prolific Wanipigow F
Slide 8: Rice Lake Greenstone Belt
TSX-V: AUMB | OTC: AUMBF Rice Lake Greenstone Belt Structural Setting of the Rice True Gold Camp Archean Greenstone Gold Camps Rice Lake Gold Camp Gold Endowment Potential Regional-scale fault structures 100% owned by 1911 Gold Orogenic gold systems Multiple gold showings Dilational jo
Slide 9: 1911 Gold- Sustainability
TSX-V: AUMB | OTC: AUMBF 1911 Gold- Sustainability ESG: Proven track record Social Responsibility Environmental Responsibility Fully permitted Renewable Electricity Over 90% of the work force locally based Low carbon 100% Opportunity to electrify footprint hydro-electric entire operation Maj
Slide 10: Strategic Asset
TSX-V: AUMB | OTC: AUMBF Strategic Asset Fully Permitted Significant Asset Value Centralized Processing Facility 1,300 +$300 million Hub and Spoke Operation tonnes per day replacement cost Multiple potential ore sources within trucking mill and mine site infrastructure reduced timeline from discover
Slide 11: The Plan: True North Mill
TSX-V: AUMB | OTC: AUMBF The Plan True North Mill Infrastructure Processing Maintenance Permitted 1,300tpd mill and tailings Historical 94% gold recovery. Currently in care and maintenance - management facility costs covered under existing power Readily expandable to 2,200tpd sharing and mil
Slide 12: True North Mine Resource and Reserves
TSX-V: AUMB | OTC: AUMBF True North Mine Resource Category Tons Gold Grade Gold Grade Gold Oz Resource and Reserves (Underground) (x1000) (oz/t) (g/t) (x1000) Measured 599 0.209 7.17 125 Indicated 1,409 0.219 7.51 308 Resource History Measured & Indicated 2,007 0.216 7.41 433 Inferred 3,586 0.169 5.
Slide 13: True North Mine Resource Upside
TSX-V: AUMB | OTC: AUMBF True North Mine Resource Upside High-grade gold drilled as Longitudinal section (Looking NW) extensions to current resources Within existing infrastructure -1000’ Current resource: 1.0Moz @ 6.38 g/t Gold Decline Potential expansion opportunities identified by past dril
Slide 14: True North Mine: Resource Targets
TSX-V: AUMB | OTC: AUMBF True North Mine: Resource Targets Multiple targets identified for resource expansion Significant areas drill defined with >3g/t gold cut off Cohiba 2022 review of the Resource Estimate completed by SLR Hinge Consulting identified four areas L13 of resource potential Cartwr
Slide 15: Regional Scale Exploration Potential
TSX-V: AUMB | OTC: AUMBF Regional Scale Exploration Potential Hub and Spoke Opportunity Rice Lake Greenstone Belt contains numerous large-scale target areas Multiple gold deposits, historical production and resource potential Near Term Areas of Interest Ogama Rockland Historic resource (2013) of
Slide 16: Comparable Valuations
TSX-V: AUMB | OTC: AUMBF Comparable Valuations 1911 Gold Significantly Undervalued Relative to Peers Advanced Canadian Gold Developers Corporate Project Location Type Ownership Permit Mill Phase Market EV TEV/oz Total Resource Capex Status Cap Au Resource Grade Bellevue Gold Bellevue AUS U/G 100% Pe
Slide 17: Significant Re-Rating Potential
TSX-V: AUMB | OTC: AUMBF Significant Re-Rating Potential 1911 Gold Trading at a Significant Discount to Net Asset Value Market Valuation vs. Net Asset Value P/NAV Analysis Market Insitu Base case 10% Cash NAV Estimate $P / NAV Valuation Valuation @ 1911 Gold $80/oz Au C$117.3M C$31.0M C$3.2M (C$0.86
Slide 18: The Plan
TSX-V: AUMB | OTC: AUMBF The Plan Resource Engineering: Growth & Review Mine Planning Development Rebuild and Update Resource Build Credible and Feasible Plan Demonstrate the ability to grow with Well Respected the resource and potential for Current detailed review and Professionals scale on the p
Slide 19: Contact
Contact 1911 Gold Corporation Suite 1050, 400 Burrard Street Vancouver, BC V6C 3A6, Canada Shaun Heinrichs 604.900.5620 ir@1911gold.com 1911gold.com TSX-V: AUMB | OTC: AUMBF
Slide 20: Appendix
TSX-V: AUMB | OTC: AUMBF Appendix 20
Slide 21: Grid Lease Terms
TSX-V: AUMB | OTC: AUMBF Grid Lease Terms True North Mill Complex: Maintenance Summary Grid to lease the mill (with a toll milling option to 1911 Gold) over the Term for the processing of lithium ore. Grid will operate and maintain the mill, 1911 Gold will maintain remaining site infrastructure and