Investment Highlights for 1911 Gold Corporation (TSX-V: AUMB | OTCQX: AUMBF)

1911 Gold Corporation
400 Burrard Street, Suite 1050
Vancouver, BC V6C 3A6 Canada
Phone: (604) 900-5620
www.1911gold.com

• Built, Permitted Restart Asset. 1911 Gold controls the fully built and permitted True North Gold Project in Manitoba, including a centralized processing facility rated at 1,350 tonnes per day, which is readily expandable. This provides an advantage over many earlier-stage gold companies that face substantial permitting, construction, and infrastructure hurdles.
  
  
• Defined Restart Path with Positive PEA Economics. The Company’s 2026 PEA outlines a base case restart plan targeting first production in H1 2027. Using a long-term gold price assumption of US$3,000 per ounce, the PEA estimates after-tax economics of C$391 million NPV (5%), a 105% IRR, and a 2.2-year payback, supported by an 11-year mine life and approximately 527,136 ounces of life-of-mine payable gold production.
  
  
• Meaningful Current Resource Base. The 2024 MRE provides a current technical foundation for redevelopment, totaling approximately 1.1 million ounces of gold, including 499,000 ounces of Indicated resources grading 4.41 g/t Au and 644,000 ounces of Inferred resources grading 3.65 g/t Au.
  
  
• District-Scale Land Position. 1911 Gold controls a 61,647-hectare property package across a major portion of the Rice Lake greenstone belt, while the current resource is confined to the much smaller mineral lease footprint. This distinction is important because it indicates the current resource captures only part of the broader exploration and development opportunity.
  
  
• Hub-and-Spoke Growth Potential. The True North Complex is being positioned as the central processing hub for a broader district-scale strategy, with multiple past-producing mines, additional targets, and potential satellite ore sources located within trucking distance of the mill that could support future mine-life extension and regional growth over time.
  
  
• Substantial Existing Asset and Data Value. The Company controls a built and permitted mine and mill complex with the replacement value of the surface infrastructure estimated at more than C$400 million, along with a technical database that management believes would cost more than C$150 million to replicate. These assets provide the Company with a meaningful foundation of infrastructure, geological knowledge, and operational history that would be difficult, costly, and time-consuming for a new entrant to recreate.
  
  
• Historically Productive Camp. The broader property package is tied to a long history of gold mining in the Rice Lake district, with more than 2.3 million ounces of historic gold production. This production pedigree supports the geological credibility of the camp and helps frame True North as part of an established gold district rather than an isolated exploration asset.
  
  
• Additional Resource Growth Potential. The Company continues to highlight meaningful upside beyond the current mine plan, including near-mine discoveries, untested shear zones, and regional targets, such as Ogama-Rockland. Recent underground infill and delineation drilling at True North also confirmed continuity in key early mine-plan areas and identified mineralization outside the current resource model, supporting both mine planning and possible future resource expansion.
  
  
• Supportive Jurisdiction and Structural Advantages. 1911 Gold highlights Manitoba as a mining-friendly jurisdiction supported by hydro power, road access, local labor, and provincial support. The Company also points to approximately C$93 million in assessment credits, roughly C$310 million in tax pools, and the absence of royalties as attributes, all which may enhance the project’s strategic value.
  
  
• Improved Market Visibility. The Company’s profile appears to have strengthened alongside growing recognition of the restart opportunity at True North. Recent milestones include recognition as a 2026 TSX Venture 50 company, ranking fourth overall, and an upgrade to the OTCQX market intended to broaden visibility and accessibility for U.S. investors. 
  
  
• Experienced Leadership Team and Board. 1911 Gold is led by President and CEO Shaun Heinrichs and supported by executives across finance, exploration, operations, and investor relations, including Max Satel, Michele Della Libera, Éric Vinet, and Suzette Ramcharan. The board, chaired by Gary O’Connor, adds further technical, operating, financial, and governance experience, which is relevant as the Company advances from exploration and study work toward restart execution. 
  
  
• Improved Near-Term Financial Position. At December 31, 2025, 1911 Gold reported C$23.6 million in cash and cash equivalents and C$14.5 million in working capital, reflecting the C$23.0 million financing completed in December 2025. Liquidity improved further after year-end when the Company closed the initial US$15.0 million draw under its US$30.0 million secured Auramet credit facility on March 9, 2026. Proceeds are intended to support equipment purchases, underground development, and installation of a new crushing circuit at True North. These steps appear to better support the 2026 work plan, although the broader restart still depends on continued access to capital and successful execution.