1911 Gold Corp. · TSXV:AUMB
1911 Gold — Investor Presentation (September 2026)
57 slides from 1911 Gold's investor presentation, September 2026
Slide 1: Corporate Presentation
Manitoba’s Gold Standard: Ready, Permitted, High-Grade CORPORATE PRESENTATION GENERAL UPDATE SEPTEMBER 2026
Slide 2: Cautionary Statements
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 of the Company available o
Slide 3: Technical Disclosure
TECHNICAL DISCLOSURE Preliminary Economic Assessment (PEA) All statements that address expectations or projections about the future, including, but not limited to, statements about the PEA including those under the highlights and the results of the PEA as discussed in this presentation, including wi
Slide 4: Manitoba's Gold Standard
MANITOBA’S GOLD STANDARD READY | PERMITTED | HIGH-GRADE Targeting a Production Decision in 20271 Permitting Completing key development milestones in 2026 Complete Fully Permitted, Existing Infrastructure Significantly reduced development risk Infrastructure In Place Low Capital Intensity Capital eff
Slide 5: Leadership Team
LEADERSHIP TEAM A proven team with a track record spanning discovery, project development, and gold production MANAGEMENT Shaun Heinrichs Éric Vinet Max Satel Michele Della Libera Suzette Ramcharan PRESIDENT & CEO COO CFO VP EXPLORATION VP INVESTOR RELATIONS DIRECTOR +25 years in senior financial an
Slide 6: Capital Structure Overview
CAPITAL STRUCTURE OVERVIEW Capital Structure Share Price Performance (TSXV: AUMB) Shares Outstanding 357.87 M 52 Week High $1.54 52 Week Low $0.492 Stock Options, RSUs, and DSUs 20.33 M 25,000,000 Warrants 40.50 M $1.40 Volume (Millions) 20,000,000 $1.20 Fully-Diluted 418.69 M $1.00 15,000,000 Price
Slide 7: Rice Lake Greenstone Belt
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 True North § Control of entire Greenstone Belt >30 Moz § Prolific Superior Province Production § § Under explored Exhibits All The Hallmarks
Slide 8: True North Complex location map
‘pote : Arp Richardson, © D True North complex @® Pine Falis Hydro Station cities — I Winnipeg», I Red Lake 1 kenora . I Thunder Bay — Highways eis tac Ogonnet Sane heey) ‘Thunder Bay Airport
Slide 9: Regional property map
a) Evolution Rowan Project fe he, WEST RED | 4K! Ontario Legend 4 1911 Property Boundary yi 4S Major Mines «= Faults 9) Uchi Subprovince —— Major Highways
Slide 10: True North Gold Project
TRUE NORTH GOLD PROJECT Ready Permitted High-Grade 10
Slide 11: True North Complex (VRIFY Slides)
TRUE NORTH COMPLEX (VRIFY SLIDES) 11
Slide 12: True North Surface Infrastructure (VRIFY Slides)
TRUE NORTH SURFACE INFRASTRUCTURE (VRIFY SLIDES) 12
Slide 13: True North PEA: Gold Production & Grade Profile
TRUE NORTH PEA: GOLD PRODUCTION & GRADE PROFILE1 Payback 2.2 years and IRR 105% AISC US$1,897/oz NPV5% Cumulative Post-Tax Free Cash Flow LOM Base Case US$3,000/oz Base Case US$3,000/oz $124M $391 M $545 M $119M $114M $112M $100M NPV5% Cumulative Post-Tax $110M Free Cash Flow LOM US$4,000/oz $82M US
Slide 14: VRIFY Slide: True North Underground Development
VRIFY SLIDE: TRUE NORTH UNDERGROUND DEVELOPMENT Level 16 (-720m) Level 26 (-1,176m) 14
Slide 15: VRIFY Slide: Near-Mine Discoveries
VRIFY SLIDE: NEAR-MINE DISCOVERIES 15
Slide 16: VRIFY Slide: True North Underground Infill and Delineation Drilling
VRIFY SLIDE: TRUE NORTH UNDERGROUND INFILL AND DELINEATION DRILLING 16
Slide 17: Underground Development: Drift Development Commences From Level 16
UNDERGROUND DEVELOPMENT: DRIFT DEVELOPMENT COMMENCES FROM LEVEL 16 True North Mine: Section View – L10 and Hinge Zones – Initial Planned Development Initial Work: • Focused on completion of first 140 m of ramp access into the L10 target area • Will support drill bay access for infill and delineation
Slide 18: Resource Expansion Drilling: Drilling at L10 Confirms Extensions
RESOURCE EXPANSION DRILLING: DRILLING AT L10 CONFIRMS EXTENSIONS True North Mine-Isometric View (looking NW) – L10 and 710-711 Zones Geological Setting: • L10 is located on the intersection of the Shoreline Basalt unit and the regional east- west steeply north-dipping L10 Shear Zone • The L10 Shear
Slide 19: Mining Method & Approach
MINING METHOD & APPROACH 19
Slide 20: Mining Method: Optimizing the Operations
MINING METHOD: OPTIMIZING THE OPERATIONS Historical Issues Optimized Approach § Inadequate Mining Methods: bulk tonnage (>3 m) long- § Optimize Mining Methods: Fit the mining method to the hole open stope mining (Up to 500% in grade dilution) orebody characteristics (long hole, sub-level up/down hol
Slide 21: Mining Method: Narrow Vein Long Hole Open Stoping
MINING METHOD: NARROW VEIN LONG HOLE OPEN STOPING Ideal for steep, narrow ore bodies (<2m wide) It uses precise, small-diameter downhole drilling (often <20m) to blast ore, which falls to a draw-point for extraction à Offers high selectivity to reduce waste and dilution Methodology Drilling rigs are
Slide 22: Mining Method: Right Sized Development
MINING METHOD: RIGHT SIZED DEVELOPMENT DRIFT SIZE A larger drift size on top and lower bench, will influence potential dilution if blasting is not controlled • Mining a 1.5 m vein in a 4.5 m wide ore drift allows for an overhang of 3 m generally on one side of the stope with little support over a ve
Slide 23: Exploration Potential
EXPLORATION POTENTIAL 23
Slide 24: True North Gold Project: Resource Target Areas
TRUE NORTH GOLD PROJECT: RESOURCE TARGET AREAS True North Project Geology Geological Setting § Centrally located within the Rice Lake Greenstone Belt § Archean orogenic gold deposit, north dipping and extending at depth § Gold mineralization associated with: § § § Historical drilling focused on only
Slide 25: True North: Near-Mine Discoveries and Current Resource
TRUE NORTH: NEAR-MINE DISCOVERIES AND CURRENT RESOURCE *Baker Level 10 (-447m) Level 16 (-720m) Level 26 (-1,176m) Nea-Mine Discoveries: • *NEW Baker Target • San Antonio Southeast (SAM SE Target) • Shore Target • San Antonio West (SAM W Target) 25
Slide 26: Exploration Drilling Continues to Return High-Grade Results
EXPLORATION DRILLING CONTINUES TO RETURN HIGH-GRADE RESULTS SAM SE, SHORE AND THE NEW BAKER TARGET AT TRUE NORTH Potential to add near-mine resources, close to existing infrastructure Highlights § Drilling tested the resource potential of the SAM SE and Shore targets § Surface drilling consisted of
Slide 27: True North Gold Project: New Targets
TRUE NORTH GOLD PROJECT: NEW TARGETS Potential Extension of New Targets New Discoveries Extend At Depth § Recent drilling tested the depth extensions from underground: § SAM SE § Shore Target § Follow-up drilling will continue to test gap areas and depth extensions § SAM W, SAM SE and Shore § Furthe
Slide 28: Exploration Potential: Key Areas of Focus
EXPLORATION POTENTIAL: KEY AREAS OF FOCUS Target area in a mirrored setting § Belt-scale symmetry of 1st, 2nd and 3rd Order structures § Structure controlled by large mass of competent rock § Dilational structures in shadow of pluton § Surrounding rocks fractured and faulted during later deformation
Slide 29: Regional Scale Land Position
REGIONAL SCALE LAND POSITION Control of Rice Lake Greenstone Belt Rice Lake Greenstone Belt contains numerous large-scale target areas § First-time consolidation of property package (over 61,647 hectares) § Centrally-located True North mine facilities § 90km long Gold Belt § Historical production at
Slide 30: Ogama-Rockland Gold Project: MRE Update Highlights
OGAMA-ROCKLAND GOLD PROJECT: MRE UPDATE HIGHLIGHTS DISTRICT-SCALE POTENTIAL 2026 Inferred Mineral Resources Tonnage (t) Gold Grade (g/t) Contained Gold (oz) 3,314,000 6.68 712,000 Notes: 1. The effective date of the 2026 MRE is August 6, 2026, and is based upon all exploration data available up to A
Slide 31: VRIFY Slide: Ogama-Rockland Vein Wireframes (NNW View)
VRIFY SLIDE: OGAMA-ROCKLAND VEIN WIREFRAMES (NNW VIEW) 31
Slide 32: VRIFY Slide: Ogama-Rockland 2026 MRE Update
VRIFY SLIDE: OGAMA-ROCKLAND 2026 MRE UPDATE Resource Block Model g/t Au (view looking SSE) Resource Block Model g/t Au (view looking SSE) Vein Wireframes (view looking NNW) 32
Slide 33: Hub and Spoke Opportunity
HUB AND SPOKE OPPORTUNITY: TO SUPPORT PHASE I: Near Mine Exploration Targets +100KOZ OPERATION • NEW TARGETS - SAM W, SAM SE, Shore Target – 2026 MRE Update expected in Q4 • + newly developing Baker Target • Resource expansion potential outside of the 2024 MRE • Cartwright • Hinge, Cohiba, 007, SG1
Slide 34: 2026 Catalysts & News Flow
2026 CATALYSTS & NEWS FLOW Q2 Q3 Q4 Q1 2027 Update MRE for Global MRE Update MRE & Economic Studies PEA Ogama-Rockland Ogama-Rockland; SAM W, SAM SE Surface Exploration Drilling & Shore Targets at True North Ogama Rockland, Other Regional Targets Resource expansion drilling on known zones / Undergro
Slide 35: Appendix
Slide 36: De-Risking the Path to Production: Auramet Credit Facility
DE-RISKING THE PATH TO PRODUCTION: AURAMET CREDIT FACILITY US$30M Credit Facility Use of Proceeds Lender Auramet International Funds will be used to advance critical Term 2 years operational milestones at True North, Interest Rate 12% per annum including: Tranche 1 US$15M • Surface and Underground M
Slide 37: True North PEA: Highlights
TRUE NORTH PEA: HIGHLIGHTS The 2026 True North PEA outlines the strong project potential based on the 2024 Mineral Resource Estimate: Indicated Resources 499koz (3.5Mt @ 4.41 g/t Au) & Inferred Resources 644koz (5.5Mt @ 3.65 g/t Au) Significant Strong After-Tax Economics* (Base Case - US$3,000/oz Pr
Slide 38: True North PEA: Overview
TRUE NORTH PEA: OVERVIEW Key advantages are existing, permitted infrastructure and potential to reduce timeline to production Exchange Rate (CDN:USD): 1.39 Base Case Spot Prices PROJECT ECONOMICS Units Pre-Tax Post-Tax Post Tax Gold Price US$/oz US$3,000 US$3,000 US$4,800 Initial Capital Expenditure
Slide 39: True North PEA: Existing Infrastructure & Capital Cost Requirements
TRUE NORTH PEA: EXISTING INFRASTRUCTURE & CAPITAL COST REQUIREMENTS Site Mill Total Capital Costs Infrastructure Description Total Capital Cost § Targeted run-rate of § Permitted TMF constructed (millions) up to 1,350 tpd (PEA in 2013 Mining Development* $333.5 targeting 1,215 tpd) § Operational 150
Slide 40: True North PEA: Mining
TRUE NORTH PEA: MINING Mining Areas and Projected Production* Access Deposit Tonnes Grade Ounces Shaft/Decline Zone t g/t Au oz 710 Complex 1,163,297 4.67 174,812 Deep East 196,967 4.94 31,309 A Shaft L24 189,780 3.83 23,393 Cartwright 284,082 4.14 37,849 A Shaft Sub-total 1,834,128 4.53 267,363 • M
Slide 41: True North PEA: Tailings Management Facility (TMF)
TRUE NORTH PEA: TAILINGS MANAGEMENT FACILITY (TMF) Located 1.6 km north of the process plant in an area naturally defined by bedrock ridges around a low flat area • Tailings pumped from the processing plant to the TMF via pipeline • Transported as slurry (34% solids by weight) • East Tailings Manage
Slide 42: True North PEA: Opportunities
TRUE NORTH PEA: OPPORTUNITIES The PEA outlines several initiatives that may enhance the Project including: Processing Capacity: Waste Reduction and Operational Efficiency Opportunities: • Existing Processing Capacity - Additional capacity • Integrated Underground Waste Management currently exists wi
Slide 43: True North PEA: Labour and Economic Impact
TRUE NORTH PEA: LABOUR AND ECONOMIC IMPACT Leveraging a highly experienced site leadership team that continues to attract top-tier technical talent to grow our workforce, while fostering a culture rooted in SAFETY, RESPONSIBILITY and OPERATIONAL EXCELLENCE KEY POSITIONS FILLED JOBS CREATION ECONOMIC
Slide 44: 1911 Gold: ESG & Sustainability
1911 GOLD: ESG & SUSTAINABILITY On the Right Track Social Responsibility Environmental Responsibility § Fully permitted § Renewable Electricity Low carbon 100% Opportunity to § Over 90% of the work force locally based electrify entire footprint hydro-electric § Major employer of First Nations operat
Slide 45: True North PEA: 2024 Mineral Resource Estimate
TRUE NORTH PEA: 2024 MINERAL RESOURCE ESTIMATE EFFECTIVE DATE: AUGUST 29, 2024 Resource Indicated Inferred Area Tonnage Gold Grade Contained Gold Tonnage Gold Grade Contained Gold (Name) (t) (g/t) (Oz) (t) ( g/t) (Oz) Cartwright 274,000 3.31 29,000 361,000 3.56 41,000 Hinge 247,000 4.27 34,000 156,0
Slide 46: Resource Estimate: Sensitivity by Gold Grade
RESOURCE ESTIMATE: SENSITIVITY BY GOLD GRADE True North Resource Update Sensitivity Grade Indicated Inferred Gold Grade Tonnage Gold Grade Contained Gold Tonnage Gold Grade Contained Gold (g/t) (t) (g/t) (oz) (t) (g/t) (oz) 2.00 2,781,000 5.23 468,000 4,852,000 3.96 618,000 2.25 2,530,000 5.54 451,0
Slide 47: Ogama-Rockland Gold Project: 2026 MRE Update
OGAMA-ROCKLAND GOLD PROJECT: 2026 MRE UPDATE Inferred Mineral Resources § Based on a drill hole database rebuilt by 1911 Gold Tonnage (t) Gold Grade (g/t) Contained Gold (oz) personnel with an effective date of August 6, 2026 3,314,000 6.68 712,000 § Total of 99 drill holes, total core length of Not
Slide 48: Ogama-Rockland: 2026 MRE Update
OGAMA-ROCKLAND : 2026 MRE UPDATE Inferred Resources by Vein Vein Tonneage Gold Grade Contained Gold (Name) (t) (g/t Au) (oz) V01 117,000 3.70 13,900 V02 269,000 7.36 63,800 V04 905,000 5.89 171,600 V06 427,000 5.36 73,500 V10 68,000 3.33 7,300 V13 26,000 3.67 3,000 V15 319,000 7.80 79,900 V20 27,000
Slide 49: Ogama-Rockland: Resource Sensitivity by Gold Grade
OGAMA-ROCKLAND: RESOURCE SENSITIVITY BY GOLD GRADE Ogama-Rockland Resource Update Sensitivity of the Block Model to Gold Grade Cut-Off Sensitivity Grade Inferred Gold Grade Tonnage Gold Grade Contained Gold (g/t) (t) (g/t) (oz) Values Reported from the 2.00 4,924,000 4.83 764,000 Resource Grade-Shel
Slide 50: True North Gold Project: New Targets
TRUE NORTH GOLD PROJECT: NEW TARGETS Potential Extension of New Targets New Discoveries Extend At Depth § Untested potential at depth on both surface discoveries § Hosted within the San Antonio Gabbro Unit § Completed drill testing shallow targets from surface § Started to drill test depth extension
Slide 51: True North Project: Significant New Target Areas
TRUE NORTH PROJECT: SIGNIFICANT NEW TARGET AREAS New Discoveries from Surface § Two discoveries, third target developing § Multiple significant intercepts, extending to over 500 metres § Near mine infrastructure § SAM West target § Outside current resource § Open to depth § Extends to the Cartwright
Slide 52: Hinge: Successful Infill and Delineation Drilling
HINGE: SUCCESSFUL INFILL AND DELINEATION DRILLING Hinge (V-810) Infill and Delineation Drilling* The V-810 vein modelled in this zone had an average width of 1.2 m, diluted to 1.5 m minimum width in the PEA mine plan Drill holes intercepted the modelled vein structure within the targeted V-810 vein
Slide 53: Basic Stope Dimensions
BASIC STOPE DIMENSIONS Basic Stope Shape 2026 PEA study standardized stope at 1.5m vein width Ore Drive • In practice, vein widths will range from 0.8 m to 3 m • Things that we will need to adapt: • Drift size top & bottom • Drill hole pattern • Powder factor • Drilling precision • Things that will
Slide 54: Mining Method: Importance of Definition Drilling
MINING METHOD: IMPORTANCE OF DEFINITION DRILLING Plan View Definition drilling is a key part Example of Incorrectly Planned of the planning process Development • Helps engineering to align development with the correct vein position • Holes will be drilled at various angles to identify and assess act
Slide 55: Mining Method: Blast Design – Drill & Blast Pattern
MINING METHOD: BLAST DESIGN – DRILL & BLAST PATTERN Changes to hole diameter (64mm vs 76mm), burden, spacing, # of drill holes/ rings You impact Powder Factor Powder Factor should be • Record all details and apply any changes one at a time (and verify results) between • The right combination will be
Slide 56: Strategic Asset
Strategic Asset Fully Permitted Significant Asset Value Centralized Processing Facility 1,350 +$400 million ‘Hub and Spoke’ Operation tonnes per day estimated replacement cost Multiple potential ore sources within trucking mill and mine site infrastructure reduced timeline from discovery to producti
Slide 57: Contact Us
Contact Us 1911 Gold Corporation Suite 1050, 400 Burrard Street Vancouver, BC V6C 3A6, Canada Suzette Ramcharan VP, Investor Relations 647-284-5315 ir@1911gold.com 1911Gold.com TSX-V: AUMB | OTCQX: AUMBF | FRA: 2KY