1911 Gold CEO on High-Grade Targets, Mill Restart, and $4,700 Gold
1911 Gold re-established access to level 26 at the True North Mine, said CEO Sean Heinrichs. The dewatering program has reached approximately 4 metres below level 26, allowing the company to commence rehabilitation work on the level. The company will now be able to advance the diamond drilling program in the high-grade 710-711 zone, as well as commence development work necessary for production next year.
Heinrichs discussed the company's preliminary economic assessment, which outlines an 11-year mine life averaging 48,000 ounces per year, while noting that the next iteration of the PEA — due…
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