1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) earlier this week reported results from the latest 30 drill holes completed as part of its ongoing underground exploration program at the True North mine, highlighting the discovery of a new mineralized target while continuing to expand known gold-bearing corridors. Speaking with Proactive, CEO Shaun Heinrichs said the latest update marked the beginning of a series of exploration announcements following the completion of the company's financing.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) has closed its previously announced bought deal financing, raising gross proceeds of C$35.65 million, including the full exercise of the underwriters' over-allotment option. The financing consisted of 7.81 million units priced at C$0.64 each, 27.31 million Canadian development expenses flow-through units priced at C$0.793 each, and 11.96 million Canadian exploration expenses flow-through units priced at C$0.752 each.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) has entered into an agreement with Haywood Securities for a bought deal financing worth $20 million. The Manitoba-focused gold explorer will issue units priced at $0.64 each, Canadian development expense flow-through units at $0.793 each, and Canadian exploration expense flow-through units at prices ranging from $0.752 to $1.011.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) has reported assay results from a surface resource expansion and confirmation drilling program at its Ogama-Rockland gold deposit in southeastern Manitoba, as the company advances work toward an updated mineral resource estimate expected by the end of the second quarter of 2026. The Ogama-Rockland deposit is located about 45 kilometres southeast of the company's permitted True North mine and mill complex and is considered one of several regional targets that could support future production growth using existing infrastructure.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) earlier this week provided an update on progress at its True North mine, where the company has reached a key milestone in its dewatering program, enabling access to a critical underground level. In an interview with Proactive, CEO Shaun Heinrichs said the development marks an important step toward planned test mining activities.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) said it has been named a 2026 Top 50 Company by the TSX Venture Exchange, ranking fourth overall after posting sharp gains in 2025. The company, which trades on the TSXV under the symbol AUMB, said its share price rose 468% last year, while its market capitalization increased 1,026%, earning it a spot on the 2026 TSX Venture 50 list.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) has outlined progress made in 2025 and its plans for 2026 as it advances toward a potential restart of its 100%-owned True North gold mine in southeastern Manitoba. During 2025, the company said it transitioned into an advanced-stage developer with near-term production potential, supported by exploration success, re-entry into the underground mine, and the launch of its first underground drill program.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF) chairman Gary O'Connor talked with Proactive about the company's latest exploration and development plans in southeast Manitoba. The conversation centred around drilling at the Ogama-Rockland deposit and advancing the True North Gold Project.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF) said it has begun a 2,200-metre diamond drilling program at its Ogama-Rockland gold deposit in Manitoba, as it looks to expand and confirm resources near its True North gold project. The program comprises eight surface drill holes targeting down-dip and along-strike extensions of high-grade, shallow gold mineralization hosted in quartz veins.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF) said its common shares have begun trading on the OTCQX Best Market in the United States, marking an upgrade from lower-tier OTC markets and expanding access for US investors. The company's shares will trade on OTCQX under the ticker symbol AUMBF, while continuing to trade on the TSX Venture Exchange in Canada and on the Frankfurt Exchange in Germany.