TRUE NORTH COMPLEX

Overview

OverviewProcessing FacilityTailings OperationUnderground MineTrue North Gold Deposit

As one of 1911 Gold’s flagship assets, the True North Complex is a key component of our overall corporate strategy to develop a district-scale gold exploration and mining operation around a centralized ore processing facility in the Rice Lake greenstone belt.

The True North Complex includes a modern, fully-permitted 1,300 tonnes per day processing facility, tailings management area and reprocessing operation, underground mine infrastructure (currently under temporary closure), and the True North Gold Deposit.

Existing infrastructure at True North, combined with the high-grade mineral resource, provides a solid foundation on which to build a modern long-life mining and processing operation. The site also includes the necessary infrastructure to maintain operations, including all-season road access, grid hydroelectric power and broadband communications, as well as on-site maintenance shops, assay laboratory, warehouse, fuel storage facilities and administrative offices. The site also includes a 200-room camp facility, including kitchen, dining, recreation and fitness facilities.

The True North Complex is located adjacent to the town of Bissett on the north shore of Rice Lake, approximately 150 kilometres northeast of the city of Winnipeg, Manitoba. It is situated on mineral dispositions held 100% by the Company, comprising two contiguous Mineral Leases (ML63 and ML13433), totaling 1,092 hectares.

Of historical note, the True North mine has produced more than 2 million ounces of gold over a mine life that has spanned close to 100 years, including 36 years of continuous production (1932–1968) from the historical San Antonio Gold Mine.