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  • 1911 Gold Corporation has reported a substantial update to its mineral resource estimate for the Ogama-Rockland Gold Project, located in Manitoba, Canada.…

1911 Gold Corporation has reported a substantial update to its mineral resource estimate for the Ogama-Rockland Gold Project, located in Manitoba, Canada. The new estimate, effective as of August 6, 2026, reveals an inferred resource of 3,314,000 tonnes at 6.68 grams per tonne (g/t) gold, totaling 712,000 ounces of gold. This development marks a significant increase from previous figures and underscores the potential of the company’s Rice Lake property.

Significant Growth from Previous Estimates

The recent update to the Ogama-Rockland resource estimate represents a marked increase from prior figures. In 2013, 1911 Gold reported an inferred resource of 1.28 million tonnes at 8.17 g/t gold for 337,000 ounces based on 27,873 meters of drilling across 77 holes from 2009 to 2012. The latest estimate is based on a revised drill database incorporating data from 99 drill holes, totaling 34,977 meters of core length and 19,923 individual assay results, reflecting the company’s intensive exploration efforts over recent years.

The updated resource was developed using stopes designed with Deswik MSO, applying a cut-off grade of 2.50 g/t Au and a minimum mining width of 1.20 meters. Despite the increase in tonnage and contained ounces, the resource remains classified as inferred, with no current reserves declared. This classification suggests that while the potential is promising, further exploration and development are necessary to advance the project to a more definitive stage.

Strategic Positioning and Future Exploration

Located approximately 45 kilometers from the True North mine and mill complex, the Ogama-Rockland project is a strategic asset within 1911 Gold’s 100%-owned Rice Lake property. The project benefits from its proximity to established mining infrastructure, which could facilitate future development. The company’s ongoing work, including the sampling of historical drill cores, has been instrumental in updating the resource estimate and will continue to play a critical role in future exploration activities.

1911 Gold has stated its intent to proceed with additional exploration and resource work at Ogama-Rockland. This aligns with the company’s broader strategy to enhance the value of its asset portfolio through targeted exploration and development efforts. While specific next steps have not been detailed, the company’s recent activities suggest a focus on further delineating and expanding the resource base.

Implications for the Gold Sector

The significant increase in the Ogama-Rockland resource estimate not only strengthens 1911 Gold’s position in the mining sector but also highlights the ongoing potential of Manitoba as a key region for gold exploration and development. The province has seen increased interest from mining companies due to its favorable geology and supportive regulatory environment.

For investors and industry stakeholders, the updated estimate provides a clearer picture of the project’s potential, although it remains crucial for 1911 Gold to convert these inferred resources into measured and indicated categories through further exploration and drilling. This transition is vital for securing financing and advancing the project toward production.

As 1911 Gold continues its exploration efforts, the company may attract further attention from both investors and potential partners interested in joint ventures or acquisitions. The updated resource estimate underscores the company’s commitment to unlocking value from its assets and could position 1911 Gold as a significant player in the Canadian gold mining landscape.

Looking ahead, the focus will be on how 1911 Gold navigates the next phases of exploration and resource development at Ogama-Rockland. The outcomes of these efforts will be pivotal in determining the project’s viability and the company’s long-term growth potential in the competitive gold sector.

Editorial Note: This article is an independent analysis based on publicly available information and press releases. MineListings.com is not affiliated with the companies mentioned. The views expressed are those of our editorial team and do not represent the official position of any company discussed. For the most accurate and complete information, readers should refer to the original source materials and company filings.

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Sources: This article synthesizes publicly available filings, exchange data, and government reports as cited.
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