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1911 Gold Corporation AUMBF
$0.75 -$0.01-1.66% OTC PK
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Company Overview

1911 Gold Corporation is a Canada-based junior gold exploration and development company focused on advancing high-grade gold assets in Canada, primarily within the Archean greenstone belts of Manitoba. The company operates in the precious metals mining industry, with activities spanning mineral exploration, resource development, and limited mine rehabilitation and evaluation. Its business model is centered on delineating and expanding gold resources with the objective of future production or strategic transactions.

The company’s principal assets are the True North Mine and the surrounding Rice Lake Property, which together form a historically productive gold district. 1911 Gold’s strategic positioning is based on its control of a consolidated land package in an established mining jurisdiction with existing underground infrastructure, past production history, and significant exploration upside. The company traces its origins to the restructuring of assets formerly held by San Gold Corporation, with 1911 Gold emerging as the successor entity focused on disciplined redevelopment and exploration of those assets.

Business Operations

1911 Gold’s operations are organized around a single core business focus: gold exploration and evaluation within the Rice Lake Greenstone Belt. Revenue generation is currently not derived from active gold production; instead, the company allocates capital toward exploration drilling, geological modeling, metallurgical testing, and maintenance of existing underground and surface infrastructure at the True North Mine. Historical production data from predecessor operators informs current targeting and development strategies.

Operations are exclusively domestic, concentrated in Canada, with technical programs supported by internal geological teams and specialized mining contractors. The company controls key mining assets, including underground workings, processing facilities (currently on care and maintenance), and an extensive land package hosting multiple gold deposits and prospects. No material joint ventures or producing subsidiaries have been publicly confirmed based on available filings; data inconclusive based on available public sources regarding any active third-party operating partnerships.

Strategic Position & Investments

The strategic direction of 1911 Gold emphasizes resource growth through systematic exploration, validation of historical data, and potential reactivation of the True North Mine under improved economic conditions. Growth initiatives have included phased drilling programs targeting near-mine and regional targets, as well as modernization of geological databases to support updated resource estimates compliant with current reporting standards.

The company’s asset base itself represents its primary investment focus, with capital deployment directed toward enhancing the value of the Rice Lake Property. While 1911 Gold resulted from the acquisition and consolidation of legacy San Gold assets, no significant new acquisitions or divestitures have been conclusively documented in recent public disclosures. The company’s exposure to emerging technologies is limited to industry-standard advancements in exploration analytics and mining evaluation; data inconclusive based on available public sources regarding proprietary or novel technological platforms.

Geographic Footprint

1911 Gold’s geographic footprint is concentrated entirely in Manitoba, Canada, with corporate headquarters in Vancouver, British Columbia. The company’s operational influence is localized within the Rice Lake Greenstone Belt, approximately 150 kilometers northeast of Winnipeg, an area with established access to power, roads, and skilled labor.

While the company does not maintain international operations or investments, its listing on Canadian and U.S. public markets provides access to a broader global investor base. Strategic relevance is therefore tied to Canada’s role as a stable and mining-friendly jurisdiction rather than to multinational operational reach.

Leadership & Governance

1911 Gold is led by an executive team with experience in mining operations, capital markets, and mineral exploration, reflecting a governance philosophy centered on technical rigor, capital discipline, and asset-focused value creation. The leadership’s strategic vision emphasizes cautious advancement of legacy assets while maintaining flexibility in response to gold market conditions.

Key executives include:

  • Shaun HeinrichsPresident & Chief Executive Officer
  • Michael HannanChief Financial Officer
  • Dennis BebkoVice President, Exploration
  • Timothy HenneberryChairman of the Board

The board and management team collectively oversee corporate governance, exploration strategy, and stakeholder engagement, with an emphasis on regulatory compliance and transparent disclosure aligned with Canadian securities regulations.

Data complied by narrative technology. May contain errors

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