VANCOUVER, BC, April 11, 2024 /CNW/ - 1911 Gold
Corporation ("1911 Gold" or the "Company") (TSXV:
AUMB) is pleased to announce the appointment of Michele Della Libera as Vice President
Exploration. Mr. Della Libera will
be an integral part of updating the current National Instrument
43-101 resource for the True North underground mine as well as
identifying opportunities for resource growth within the footprint
of the existing infrastructure, and in the surrounding,
63,000-hectare Rice Lake green-stone belt.
"We are pleased to welcome Michele to the 1911 Gold team,"
stated President and CEO Shaun
Heinrichs. "His extensive resource development experience
will add significant strength and depth to our team and comes at a
critical time where our focus is on confirming the mineral
resources within the existing True North underground mine and
surrounding near mine footprint. With Michele's knowledge and track
record of building resources we hope to unlock the potential within
the Rice Lake belt and fully utilize the existing permitted mill
and mine infrastructure."
Mr. Della Libera brings over 30
years of experience as an economic geologist with a background in
exploring diverse precious and base metal systems in the Americas.
He most recently served as the Director of Exploration for New Gold
Inc., with notable accomplishments including the exploration and
delineation of the over 10 million-ounce Blackwater gold-silver
deposit, currently under construction, and the exploration and
reserve expansion of the C-Zone extension to the New Afton
copper-gold deposit, both located in British Columbia, Canada. His background
includes assignments ranging from early-stage generative
exploration programs, resource delineation, deposit modeling and
estimation for advanced technical studies, reserve replacement at
operating mine sites and technical evaluations in support of
business development initiatives. Mr. Della
Libera holds a Master degree in Geological Science
(Structural Geology) from the University of Pisa, Italy and is a registered Professional
Geologist (P.Geo.) with the Association of Professional
Geoscientist in Ontario and
Engineers and Geoscientists of British
Columbia.
About 1911 Gold
Corporation
1911 Gold is a junior explorer that holds a highly prospective,
consolidated land package totalling more than 63,000 hectares
within and adjacent to the Archean Rice Lake greenstone belt in
Manitoba, and also owns the True
North mine and mill complex at Bissett,
Manitoba. 1911 Gold believes its land package is a prime
exploration opportunity, with potential to develop a mining
district centred on the True North complex. The Company also owns
the Apex project near Snow Lake,
Manitoba and the Denton-Keefer project near Timmins, Ontario, and intends to focus on
organic growth and accretive acquisition opportunities in
North America.
1911 Gold's True North complex and exploration land package are
located within the traditional territory of the Hollow Water First
Nation, signatory to Treaty No. 5 (1875-76). 1911 Gold looks
forward to maintaining open, co-operative and respectful
communication with the Hollow Water First Nation, and all local
stakeholders, in order to build mutually beneficial working
relationships.
ON BEHALF OF THE BOARD OF DIRECTORS
Shaun Heinrichs
President and CEO
www.1911gold.com
CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING INFORMATION
This news release may contain forward-looking statements. Often,
but not always, forward-looking statements can be identified by the
use of words such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or describes a "goal", or variation of such words and phrases or
state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved.
All forward-looking statements reflect the Company's beliefs and
assumptions based on information available at the time the
statements were made. Actual results or events may differ from
those predicted in these forward-looking statements. All of the
Company's forward-looking statements are qualified by the
assumptions that are stated or inherent in such forward-looking
statements, including the assumptions listed below. Although the
Company believes that these assumptions are reasonable, this list
is not exhaustive of factors that may affect any of the
forward-looking statements.
Forward-looking statements involve known and unknown risks,
future events, conditions, uncertainties and other factors which
may cause the actual results, performance or achievements to be
materially different from any future results, prediction,
projection, forecast, performance or achievements expressed or
implied by the forward-looking statements. All statements that
address expectations or projections about the future, including,
but not limited to, statements with respect to the terms of the
Offering, the use of proceeds of the Offering, the timing and
ability of the Company to close the Offering, the timing and
ability of the Company to receive necessary regulatory approvals,
the tax treatment of the securities issued under the Offering, the
timing for the Qualifying Expenditures to be renounced in favour of
the subscribers, and the plans, operations and prospects of the
Company, are forward-looking statements. Although 1911 Gold has
attempted to identify important factors that could cause actual
actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors
that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements.
All forward-looking statements contained in this news release
are given as of the date hereof. The Company disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise, except in accordance with applicable securities
laws.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE 1911 Gold Corporation