This is Exactly How 1911 Gold Is De-Risking Its Path to Production
Summary
1911 Gold lines up steady catalysts — ongoing drill results, test mining by end-2026 — before a full production restart in 2027 from permitted, fully built infrastructure.
An expanded Mineral Resource Estimate (MRE — the tally of mineable ounces) lands in Q4 2026, with the definitive mine plan to follow in early 2027.
The CEO argues the differentiator is permitted, fully built infrastructure plus a 62,000-hectare land package holding past-producing mines within 45 minutes' trucking of the mill.
Three structures within 300 meters of current workings and the Algoma Rockland satellite could lift production quickly, since miners access them without ramping from surface.
The binding constraint is people, not geology — the CEO says hiring skilled local staff across geology, engineering, and operations remains a constant scramble.
Key points on 1911 Gold
- The CEO says 1911 Gold is on track for test-mining production toward the end of 2026 and a full restart of production in 2027, with rehabilitation of parts of the underground mine already advancing in parallel.
- A major mineral resource update is expected by Q4 2026, which the CEO says will show more ounces, a longer mine life, and higher grade, to be followed by the definitive mine plan in early 2027.
- The CEO argues the company's edge over Rice Lake peers is fully permitted, already-built infrastructure plus a 62,000-hectare land package holding four mines in a permitted mine lease area and multiple unexplored past producers within about 45 minutes' trucking of the central mill.
- Three new near-mine structures within 300 meters of current workings can be reached with minimal development, which the CEO says could expand production capacity and the resource quickly, and the drilled Algoma Rockland satellite is set to be the first near-mine source fed to the mill.
- The main hurdles are people and equipment, which the CEO says are being managed through steady local hiring under a technical team working with Eric Vignette and flexible sourcing of rental or used equipment.
Don Duret's takeaways
- Top takeaway The CEO says Don Duret ranked 1911 Gold as his number one pick after meeting the company at the Denver Precious Metals Conference, and calls that recognition a real catalyst for the stock.