1911 Gold Corporation
1911 Gold owns a fully built and permitted mine and mill complex at True North, Manitoba, within a roughly 61,600-hectare land package in the Rice Lake greenstone belt, and released PEA-level restart economics (C$391M after-tax NPV5%, 105% IRR) in early 2026 while advancing toward a pre-feasibility study and a targeted 2027 production restart.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Executive Chair of 1911 Gold Corporation. 40+ years of mineral exploration and development experience; prior roles at Moneta Gold, Dundee Resources and Freeport-McMoRan.
President and Chief Executive Officer of 1911 Gold Corporation. 25+ years of senior financial/operational mining roles; former CFO and CEO of Veris Gold Corp. CPA, Simon Fraser University.
Chief Operating Officer of 1911 Gold Corporation. 30+ years of technical/operational mining experience; previously Senior VP Operations at New Gold and General Manager at the Rainy River mine.
Chief Financial Officer of 1911 Gold Corporation. 23 years of natural resources and capital markets experience; recently CFO of Battery Mineral Resources Corp, with 15 years in investment banking.
VP Exploration at 1911 Gold Corporation. Economic geologist with 30+ years of precious/base metals experience; former Director of Exploration at New Gold. Master's in Geological Science.
VP Investor Relations at 1911 Gold Corporation. 24+ years of metals/mining experience, including at Nighthawk Gold and Kirkland Lake Gold.
Corporate Secretary of 1911 Gold Corporation. Providing corporate secretarial services to reporting issuers since 2000; member of the Chartered Governance Institute.
Mine Superintendent at 1911 Gold Corporation. 20 years in the Red Lake gold camp; recently Mine Operations Superintendent at the Madsen Mine.
Mill Superintendent at 1911 Gold Corporation. 40 years of milling/processing experience; recently Mill Manager at the Madsen Mine and a 24-year Ontario Mine Rescue member.
Environmental Superintendent at 1911 Gold Corporation. 17 years across mining, oil & gas, agriculture and heavy construction; BSc Geology, Brandon University.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Eric Sprott, the best-known financier in junior gold, held about 17.2% of 1911 Gold (42,622,068 shares) after subscribing C$1.86M for 9,288,734 shares at C$0.20 in the C$13.2M bought-deal offering that closed 17 Jul 2025 -- a release the company titled an "increased" investment, taking him from roughly 16.7%. He has been diluted since by two later raises he is not named in, including a C$35.65M bought deal in July 2026, but even assuming he sat both out his position would still be around 13-14%. No producer or strategic investor holds a stake, and that July 2025 subscription is the most recent insider buying on record.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
On July 2, 2026, following a British Columbia Securities Commission review, 1911 Gold issued a clarification retracting statements from its February 10, 2026 True North PEA news release that had overstated the certainty of the results. The company confirmed no production decision has been made and is updating its technical report and investor materials for NI 43-101 compliance. The PEA remains conceptual, relies partly on inferred resources, and is not equivalent to a PFS or FS -- treat any economics from the original February release with added caution until the corrected materials are available.
1911 Gold's independent PEA (by AMC Mining Consultants) for the True North Gold Project restart, southeastern Manitoba, announced 10 Feb 2026: after-tax NPV5% of C$391M and after-tax IRR of 105% at a long-term gold price of US$3,000/oz (rises to C$998M NPV at a constant US$4,800/oz; pre-tax figures are C$527M NPV / 118% IRR). Project capital C$478M, 2.2-year payback. 11-year mine life, steady-state production of 1,215 t/d averaging 58,100 oz/yr payable gold (Years 3-8), 527,100 oz total LOM production, using the fully built and permitted True North infrastructure (shafts, underground workings, mill, tailings facility). Underlying resource (updated MRE, effective 29 Aug 2024, announced 20 Nov 2024, NI 43-101 report by Lions Gate Geological Consulting filed 23 Dec 2024): Indicated 3,516,000 t at 4.41 g/t for 499,000 oz, Inferred 5,490,000 t at 3.65 g/t for 644,000 oz.