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1911 Gold Corporation is located in the heart of the world-class Rice Lake gold district within the West Uchi greenstone belt. The Company holds a dominant land position with over 62,000 Hectares, an operating milling facility, an underground mine with one million ounces in mineral resources, and significant upside surface exploration potential.

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CORPORATE PRESENTATION
High-Grade Regional-Scale
1911 GOLD CORPORATION
Gold Exploration and
Development
Opportunity
December 2023
TSX-V: AUMB | OTC: AUMBF
TSX-V: AUMB | OTC: AUMBF
Disclaimer
The information provided in this presentation is not intended to be a comprehensive review of all matters concerning 1911 Gold Corporation ("1911 Gold" or, the "Company") and should be read in conjunction with
all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy
or adequacy of the information presented.
Forward-looking Statements
This presentation contains statements and information that constitute forward-looking information within the meaning of Canadian securities legislation, referred to herein as "forward‐looking statements". These
statements include, among others, statements with respect to the amount of mineral resources, gold and silver price assumptions, exchange rate assumptions, the Company's potential plans and operating
performance and exploration and development potential of its projects; opportunities to enhance the value of the existing True North Project, capital cost reduction opportunities and other plans and objectives of
1911 Gold. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or
achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others and in addition to those described
elsewhere in this presentation, delays in obtaining or inability to obtain required government or other regulatory approvals, permits or financing, the risk of unexpected variations in mineral resources, grade or
recovery rates, failure of the plant, equipment, processes or infrastructure to operate as anticipated, of accidents, labour disputes, and unanticipated delays in completing other development activities, the risk that
estimated costs will be higher than anticipated and the risk that the proposed mine plan and recoveries will not be achieved, equipment breakdowns and bad weather, the timing and success of future exploration
and development activities, exploration and development risks, mineral resources are not as estimated, title matters, third party consents, operating hazards, metals prices, political and economic factors, actions by
governmental or regulatory authorities including changes in tax laws or incentive programs, competitive factors and general economic conditions. Actual results may vary from those implied or projected by forward-
looking statements and therefore investors should not place undue reliance on such statements. The forward-looking statements herein are made as of the date of this presentation and the Company expressly
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 as required by applicable securities legislation. The
Technical Report for the True North Mine, Bissett, Manitoba, Canada, NI 43-101 Mineral Resource Technical Report, with an effective date of March 31, 2018, can be viewed at www.sedar.com under the 1911
Gold Corporation profile.
Technical Disclosure
The technical information in this presentation has been approved by Dr. Scott Anderson, Ph.D., P.Geo., Vice President of Exploration. Dr. Scott Anderson is a Qualified Person for the purposes of NI 43-101 as well
as a Competent Person (as defined in the JORC Code, 2012 edition) as a practicing member of Engineers Geoscientists Manitoba.
CAUTIONARY STATEMENTS
2
TSX-V: AUMB | OTC: AUMBF
OVERVIEW: 1911 GOLD
3
Fully Permitted Mine, Mill and Infrastructure
⚬ Fully permitted 1,300 tonne/day mill and mine-site infrastructure in place
⚬ Estimated replacement value in excess of $200M
⚬ Permitting new mines in Canada can take +7 years with significant capital expenditures
⚬ +$310M in tax pools available
⚬ +$82M in property assessment credits
Existing 1M oz Gold Resource
⚬ NI 43-101 resource at True North/Rice Lake (1M ounces @ 6.4 g/t Au)
⚬ 2022 Resource review by SLR Consulting identified 4 new zones at True North Mine that could
allow for significant resource expansion
⚬ Over 2M oz of historic gold production
Compelling Regional Scale Gold Exploration Opportunity
⚬ 100% ownership of 62.3k hectares along a very prospective and underexplored greenstone belt
⚬ Widespread gold mineralization identified at surface
⚬ Numerous large multi- kilometer gold targets have been identified, developed and are being
tested
Valuation
⚬ Currently valued at C$6M market cap
⚬ Attractive valuation for investors with potential for explosive upside with a new discovery
TSX-V: AUMB | OTC: AUMBF
Uchi Domain: >40M oz. Gold Endowment
RICE LAKE GREENSTONE BELT
⚬ Rice Lake belt – the western
extension of the Red Lake belt
⚬ Exhibits all the hallmarks of a
world-class orogenic gold district:
• Ancient plate margin
• Regional ‘breaks’ / crustal-scale faults
• 'Temiskaming' basins
• Fertile source rocks
• Favourable host rocks
• Large-scale alteration centres
• Complex second and third-order faults
• Structural traps
• Widespread gold occurrences
• Diverse styles of gold mineralization
• Over 2.3 million ounces production
4
TSX-V: AUMB | OTC: AUMBF
Ancient Plate Margins Produce
World-class Orogenic Gold
Deposits
FAVORABLE MAJOR STRUCTURES
⚬ Rice Lake belt is situated on an
ancient tectonic plate margin – one
of the best-defined Archean plate
margins world-wide
⚬ This plate margin has produced
several gold districts, including
Red Lake and Pickle Lake
⚬ Plate margins are defined by
abrupt changes in geology,
marked by crustal-scale faults
⚬ Typically apparent in regional
geophysical data, most importantly
gravity data (map at right) which
tracks changes in the density of
the earth’s crust
5
Key hallmarks: Crustal-scale faults; Mantle-derived rocks; Juxtaposed rocks of different age,
isotopic signature and tectonic setting; Fault-controlled (‘Temiskaming’) sedimentary basins;
Crustal density breaks/gradients as revealed by gravity data
Rice Lake
(~2.3M oz. Au)
Red Lake
(>30M oz. Au)
TSX-V: AUMB | OTC: AUMBF
Consolidation History of 1911 Gold’s Current Land Position
DOMINANT LAND POSITION
6
Regional Scale Opportunity
⚬ Historically fragmented land
position limited previous
exploration – district consolidated
primarily over the past 10 years
⚬ Contiguous land package held by
1911 Gold is the largest ever
assembled for the belt, totalling
58,672 hectares
⚬ Covers 75 km of the Wanipigow
Fault and the Rice Lake and
Central Manitoba mine trends,
with production of 2.3M oz. Au
⚬ Centrally-located True North mine,
mill and tailings management
facilities
TSX-V: AUMB | OTC: AUMBF
THE PLAN
7
Geology:
Resource Review
• Review completed by SLR in 2022
confirmed the Measured and
Indicated Resource is real
• 4 large drill defined (not mined)
zones identified as areas of
potential resource growth
• Gary O'Connor joining 1911 as
lead technical advisor. Gary has
over 35 years experience in the
mining industry with significant
involvement in the discovery and
development in a number of
• Gary will work closely with 1911
and SLR to conduct a thorough
review of the geology.
Engineering:
Mine Planning
• Experienced underground mine
engineer, Michael Willett, who has
extensive experience in the Abitibi
greenstone belt, currently working
through existing underground mine
plans.
• Initial scope will focus on building
an optimized mine plan based on
the completed resource work and
assist in target generation.
• Review and assess the capital
requirements to dewater and
rehabilitate the underground mine
in preparation for exploration,
development and production.
Growth and
Development
• Commence underground
exploration on identified areas
if resource growth
once underground access us
restored
• Evaluate regional
opportunities including the
past producing CM Mine and
past drilling results to identify
potential resources
• Consolidate property in the
area to increase existing
resource expansion potential.
TSX-V: AUMB | OTC: AUMBF
RICE LAKE MILL COMPLEX
Significant Infrastructure in Place
⚬ Permitted, 1,300 tpd mill and tailings facility
with potential for expansion
⚬ Mill recovery historically 94% for underground
ore with significant recovery through gravity
⚬ Operated until November 2022 for tailings
reprocessing, recent startup testing has not
identified any outstanding issues
⚬ Care & Maintenance costs associated with
the mill to be largely addressed by recently
announced deal with Grid Metals and power
supply agreement with a local data center
⚬ Mill lease agreement provides $7.7M in
milestone payments, $3-4M in annual
production related payments, and significant
upgrades to the mill and tailings facility
⚬ Brownfields projects (Central Manitoba,
Ogama Rockland) in close proximity to the
mill
8
TSX-V: AUMB | OTC: AUMBF
TRUE NORTH MINE (RICE LAKE MINE)
9
High-grade gold within existing
infrastructure with significant potential to
expand known zones
⚬ Historical resource: 1 million ounces at 6–7 g/t gold
⚬ Potential expansion opportunities identified by past
drilling
⚬ Strategic land acquisition opportunities near mine
possible
⚬ Significant mineralized intercepts in the last drill
program under Klondex in late 2017, including:
32-17-022
1.1m @ 163.9 g/t Au
635-17-017
23.4’ @ 0.4 opt Au
6350 710 Drilling
635-17-017
7.5’ @ 0.67 opt Au
32-17-014
1.8m @ 0.86 opt Au
32-17-016
4.8m @ 26.9 g/t Au
32-17-024
6.0’ @ 0.86 opt Au
32-17-017A
3.9m @ 47.9 g/t Au
Longitudinal section (looking NW)
635-17-017
7.1m @ 12.3 g/t Au
635-17-017
2.3m @ 19.0 g/t Au
32-17-024
6.0m @ 24.4 g/t Au
635-16-024
12.5m @ 11.9 g/t Au
635-17-020
1.8m @ 45.9 g/t Au
- 635-17-007: 2.3m @ 20.9 g/t Au - 32-17-014: 1.8m @ 26.8 g/t Au
- 635-17-017: 7.1m @ 12.3 g/t Au - 32-17-022: 1.1m @ 179.9 g/t Au
- 635-17-020: 1.8m @ 50.4 g/t Au - 32-17-024: 1.8m @ 38.3 g/t Au
- 635-17-024: 12.4m @ 13.1 g/t Au - 32-17-017A: 3.9m @ 52.5 g/t Au
- 32-17-016: 4.8m @ 29.5 g/t Au
TSX-V: AUMB | OTC: AUMBF
TRUE NORTH MINE: EXPLORATION TARGETS
10
SLR Consultants resource review identified several
opportunities for resource expansion
⚬ 2022 Review of the Resource
Estimate identified four areas
of resource potential
⚬ Areas identified based on drill
“defined” intercepts,
averaging over 3 g/t Au
⚬ Current focus is on rebuilding
the underground resource
model
Drill defined areas of resource
upside
Current 1M oz Resource
TSX-V: AUMB | OTC: AUMBF
PRIORITY REGIONAL OPPORTUNITIES
11
Large Portfolio of Earlier Stage Targets
Widespread evidence of gold indicative of large mineralizing event
Extensive database to inform geological modelling and targetting
Strategic land acquisition opportunities in surrounding area
Advanced discussions to consolidate neighboring properties
Acquisitions to add to existing resource growth potential and pipeline
Historic producer CM Mine near existing infrastructure
Acquired by Klondex through acquisition of Bison Gold in 2017
Underexplored and open at depth and down dip to the SE
TSX-V: AUMB | OTC: AUMBF
1) OPPORTUNITIES FROM RECENT CONSOLIDATION
⚬ 3 historical deposits (~300k oz. Au)
⚬ Numerous high-grade gold showings
(coloured symbols)
⚬ Underexplored, with minimal previous
drilling (black dots)
⚬ Deep-seated faults (mantle-tapping)
⚬ Kilometre-scale shear structures
⚬ Excellent host rocks (Fe-
tholeiites, porphyry intrusions,
gabbro)
PROSPECTIVE FOR HUB AND
SPOKE PRODUCTION MODEL
12
3 neighboring deposits in close
proximity to the Rice Lake Mill
TSX-V: AUMB | OTC: AUMBF
1) CENTRAL MANITOBA PROJECT
13
⚬ Historical production of 160,000
ounces @ 12.6 g/t Au from 5
shafts
⚬ Mineralized veins (red lines)
extend for 2.5 km along strike at
surface and range in thickness up
to 6.5 metres of core width in
structures up to 15 metres in
width – comparable to the
historical orebodies at Central
Manitoba and True North
⚬ Work completed showed that
veins only mined to vertical
depths <150 metres
⚬ Strong potential for parallel vein
systems at depth to the southeast
Re-evaluating the Depth-
Potential of the Central
Manitoba Mine
Potential for down-stepping
vein systems to southeast
TSX-V: AUMB | OTC: AUMBF
1) CENTRAL MANITOBA PROJECT
14
Comparing the True North and Central Manitoba mine trends:
similar strike extents, untested depth potential
True
North
Central
Manitoba
• Deposit extends ~2 km along strike
• Orebodies extend to depth ~2 km
• Strike:depth ratio ~1
• Deposit extends ~2.5 km along strike
• Orebodies extend to depth <150 m
• Strike:depth ratio >10
3M ounces @ ~7.5 g/t Au
(production + resource)
160k ounces @ ~12.6 g/t Au
(production)
??
Vertical longitudinal sections
Looking north
No vertical exaggeration
Untested
potential
Outlines of mined areas
Outlines of mined areas
3M ounces @ ~7.5 g/t Au
(production + resource)
160k ounces @ ~12.6 g/t Au
(production)
Orogenic gold deposits typically extend to depths at least as great as
their strike length
TSX-V: AUMB | OTC: AUMBF
2) TRUE NORTH: KEY ACQUISITION TARGET
Significant potential
along parallel structures south of
property boundary
⚬ Both Klondex and Sangold tried to
consolidate the property immediately to
the south of the True North Mine without
success
⚬ Mineralized structures at the True North
mine project to the property boundary
⚬ Structures well-tested by drilling in
proximity to mine workings but
untStructures not well-tested to the south
due to proximity to property boundary
⚬ Favourable target area with footprint
equal to the 3-million-ounce True North
deposit
⚬ In discussions with property owners to
consolidate interest in these claims
15
AUMB property
boundary
UNTESTED TARGET AREA
TSX-V: AUMB | OTC: AUMBF
3) REGIONAL SCALE EXPLORATION POTENTIAL
⚬ Map at right shows gold
occurrences and mapped
alteration in bedrock
⚬ Areas of gold enrichment
spatially associated with large-
scale alteration centres define
areas for exploration
comparable or larger in scale
and intensity to True North
(>3M ounces Au)
⚬ Extensive historical
exploration database
enhances interpretation of
results and planning
Gold and Alteration in
Rocks Indicate Fertile
Areas for Gold Deposits
16
Alteration: district-wide rock geochemical sampling identifies extensive areas where rock compositions are ‘altered’,
potentially due to the passage of large volumes of high-temperature (hydrothermal) fluids – necessary for gold deposition.
Rice Lake property contains numerous large-scale target areas
TSX-V: AUMB | OTC: AUMBF
67%
4%
11%
14%
4%
Ownership
Retail Institutional
Dundee Corp. Strategic
Insiders
Shares Outstanding 72,969,488
Stock Options 5,855,000
Warrants (W. Avg Price – $1.94) 1,987,813
Fully-Diluted 80,812,301
Market Capitalization (20-d VWAP) $6M
Share Price (20-d VWAP) $0.075
Daily Avg Vol (20-d) 97,758
Share Performance
Capital Structure
CAPITAL STRUCTURE
Deep Value
Opportunity
Cornerstone
Strategic Investors
Strong Insider
Support
17
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0.8
1.0
1.2
1.4
1.6
1.8
2.0
$0.00
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
VOLUME (MILLIONS)
PRICE
FOCUSED ON PERFORMANCE AND CORPORATE GOVERNANCE
LEADERSHIP
18
Shaun Heinrichs
Over 20 years of experience in
senior corporate finance roles with
significant experience in reporting,
strategic planning, capital markets
and M&A.
President and CEO
Carmen Amezquita
Over 10 years working in the
resource sector in a senior
financial management
capacity, with significant
experience in both
exploration and producing
companies.
CFO
Dr. Scott Anderson
Over 30 years of experience in
government geoscience, exploration,
academia and consulting, specializing
in structural geology, including a
definitive study of the Rice Lake gold
camp during his 17 years with the
Manitoba Geological Survey.
VP Exploration
Board of Directors
Jamie Haggarty
Director
Shastri Ramnath
Director
Shaun Heinrichs
President & CEO
Gary O’Connor
Advisor
Advisor
Mike Hoffman
Chair
TSX-V: AUMB | OTC: AUMBF 19
STRATEGIC INFRASTRUCTURE
1,300
TONNES PER DAY
FULLY
PERMITTED
mill and mine
site infrastructure
+$300M
REPLACEMENT COST
SIGNIFICANT ASSET
VALUE
reduced timeline from
discovery to production
CENTRALIZED
LOCATION
Historic operations
suboptimal as a
single-source facility;
exploration to provide
2M
OUNCES HISTORICAL
PRODUCTION
UNDERGROUND
INFRASTRUCTURE
significant potential
to expand
$82M
IN ASSESSMENT
CREDITS
SUBSTANTIAL TAX AND
CREDIT POOLS
and over $310M
in tax pools available
MULTIPLE ORE
SOURCES
True North Underground Resources (March 2018)
CLASS
TONS
(000's)
GRADE
Au opt
GRADE
Au g/t
AU OZ
(000's)
Measured 599 0.209 7.17 125
Indicated 1,409 0.219 7.51 308
Measured and
Indicated
2,007 0.216 7.41 433
Inferred 3,586 0.169 5.79 605
All Categories 7,602 0.186 6.38 1,035
Shaun Heinrichs
604.900.5620
IR@1911gold.com
Suite 1050, 400 Burrard Street
Vancouver, British Columbia, Canada
V6C 3A6
1911 GOLD CORP. CONTACT
www.1911gold.com
Appendix
TSX-V: AUMB | OTC: AUMBF
GRID LEASE TERMS
Summary Grid to lease the mill (with a toll milling option to 1911 Gold) over the Term for the processing of lithium ore. Grid
will operate and maintain the mill, 1911 Gold will maintain remaining site infrastructure and environmental
compliance.
Term 5 Year Initial Term with a 5 year Extension (1911 has a 2 Year termination option following the initial term)
Consideration $0.75M non-refundable payment on signing of letter agreement
Milestone payments as follows:
• $1M 90 days following the signing of the letter agreement
• $1M upon commencement of commercial production (200,000 tonnes run rate)
• $1M on the fifth and sixth anniversary of the lease (if extended)
$3M over three years towards the closure financial security obligation with up to $10M for additional closure costs
if the agreement is extended
Ongoing
Payments
Cost plus 25% on all mill related costs (camp, environment, supervision, security)
1% Net Smelter Royalty on Lithium ore
$7.5 per tonne processed “depreciation” fee
Toll Milling Grid shall provide toll milling services to 1911 over the term of the contract at cost plus 10%
Security Security for certain of the above payments and construction costs. To be released on termination of the agreement

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corporate-presentation.pdf

  • 1. CORPORATE PRESENTATION High-Grade Regional-Scale 1911 GOLD CORPORATION Gold Exploration and Development Opportunity December 2023 TSX-V: AUMB | OTC: AUMBF
  • 2. TSX-V: AUMB | OTC: AUMBF Disclaimer The information provided in this presentation is not intended to be a comprehensive review of all matters concerning 1911 Gold Corporation ("1911 Gold" or, the "Company") and should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented. Forward-looking Statements This presentation contains statements and information that constitute forward-looking information within the meaning of Canadian securities legislation, referred to herein as "forward‐looking statements". These statements include, among others, statements with respect to the amount of mineral resources, gold and silver price assumptions, exchange rate assumptions, the Company's potential plans and operating performance and exploration and development potential of its projects; opportunities to enhance the value of the existing True North Project, capital cost reduction opportunities and other plans and objectives of 1911 Gold. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others and in addition to those described elsewhere in this presentation, delays in obtaining or inability to obtain required government or other regulatory approvals, permits or financing, the risk of unexpected variations in mineral resources, grade or recovery rates, failure of the plant, equipment, processes or infrastructure to operate as anticipated, of accidents, labour disputes, and unanticipated delays in completing other development activities, the risk that estimated costs will be higher than anticipated and the risk that the proposed mine plan and recoveries will not be achieved, equipment breakdowns and bad weather, the timing and success of future exploration and development activities, exploration and development risks, mineral resources are not as estimated, title matters, third party consents, operating hazards, metals prices, political and economic factors, actions by governmental or regulatory authorities including changes in tax laws or incentive programs, competitive factors and general economic conditions. Actual results may vary from those implied or projected by forward- looking statements and therefore investors should not place undue reliance on such statements. The forward-looking statements herein are made as of the date of this presentation and the Company expressly 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 as required by applicable securities legislation. The Technical Report for the True North Mine, Bissett, Manitoba, Canada, NI 43-101 Mineral Resource Technical Report, with an effective date of March 31, 2018, can be viewed at www.sedar.com under the 1911 Gold Corporation profile. Technical Disclosure The technical information in this presentation has been approved by Dr. Scott Anderson, Ph.D., P.Geo., Vice President of Exploration. Dr. Scott Anderson is a Qualified Person for the purposes of NI 43-101 as well as a Competent Person (as defined in the JORC Code, 2012 edition) as a practicing member of Engineers Geoscientists Manitoba. CAUTIONARY STATEMENTS 2
  • 3. TSX-V: AUMB | OTC: AUMBF OVERVIEW: 1911 GOLD 3 Fully Permitted Mine, Mill and Infrastructure ⚬ Fully permitted 1,300 tonne/day mill and mine-site infrastructure in place ⚬ Estimated replacement value in excess of $200M ⚬ Permitting new mines in Canada can take +7 years with significant capital expenditures ⚬ +$310M in tax pools available ⚬ +$82M in property assessment credits Existing 1M oz Gold Resource ⚬ NI 43-101 resource at True North/Rice Lake (1M ounces @ 6.4 g/t Au) ⚬ 2022 Resource review by SLR Consulting identified 4 new zones at True North Mine that could allow for significant resource expansion ⚬ Over 2M oz of historic gold production Compelling Regional Scale Gold Exploration Opportunity ⚬ 100% ownership of 62.3k hectares along a very prospective and underexplored greenstone belt ⚬ Widespread gold mineralization identified at surface ⚬ Numerous large multi- kilometer gold targets have been identified, developed and are being tested Valuation ⚬ Currently valued at C$6M market cap ⚬ Attractive valuation for investors with potential for explosive upside with a new discovery
  • 4. TSX-V: AUMB | OTC: AUMBF Uchi Domain: >40M oz. Gold Endowment RICE LAKE GREENSTONE BELT ⚬ Rice Lake belt – the western extension of the Red Lake belt ⚬ Exhibits all the hallmarks of a world-class orogenic gold district: • Ancient plate margin • Regional ‘breaks’ / crustal-scale faults • 'Temiskaming' basins • Fertile source rocks • Favourable host rocks • Large-scale alteration centres • Complex second and third-order faults • Structural traps • Widespread gold occurrences • Diverse styles of gold mineralization • Over 2.3 million ounces production 4
  • 5. TSX-V: AUMB | OTC: AUMBF Ancient Plate Margins Produce World-class Orogenic Gold Deposits FAVORABLE MAJOR STRUCTURES ⚬ Rice Lake belt is situated on an ancient tectonic plate margin – one of the best-defined Archean plate margins world-wide ⚬ This plate margin has produced several gold districts, including Red Lake and Pickle Lake ⚬ Plate margins are defined by abrupt changes in geology, marked by crustal-scale faults ⚬ Typically apparent in regional geophysical data, most importantly gravity data (map at right) which tracks changes in the density of the earth’s crust 5 Key hallmarks: Crustal-scale faults; Mantle-derived rocks; Juxtaposed rocks of different age, isotopic signature and tectonic setting; Fault-controlled (‘Temiskaming’) sedimentary basins; Crustal density breaks/gradients as revealed by gravity data Rice Lake (~2.3M oz. Au) Red Lake (>30M oz. Au)
  • 6. TSX-V: AUMB | OTC: AUMBF Consolidation History of 1911 Gold’s Current Land Position DOMINANT LAND POSITION 6 Regional Scale Opportunity ⚬ Historically fragmented land position limited previous exploration – district consolidated primarily over the past 10 years ⚬ Contiguous land package held by 1911 Gold is the largest ever assembled for the belt, totalling 58,672 hectares ⚬ Covers 75 km of the Wanipigow Fault and the Rice Lake and Central Manitoba mine trends, with production of 2.3M oz. Au ⚬ Centrally-located True North mine, mill and tailings management facilities
  • 7. TSX-V: AUMB | OTC: AUMBF THE PLAN 7 Geology: Resource Review • Review completed by SLR in 2022 confirmed the Measured and Indicated Resource is real • 4 large drill defined (not mined) zones identified as areas of potential resource growth • Gary O'Connor joining 1911 as lead technical advisor. Gary has over 35 years experience in the mining industry with significant involvement in the discovery and development in a number of • Gary will work closely with 1911 and SLR to conduct a thorough review of the geology. Engineering: Mine Planning • Experienced underground mine engineer, Michael Willett, who has extensive experience in the Abitibi greenstone belt, currently working through existing underground mine plans. • Initial scope will focus on building an optimized mine plan based on the completed resource work and assist in target generation. • Review and assess the capital requirements to dewater and rehabilitate the underground mine in preparation for exploration, development and production. Growth and Development • Commence underground exploration on identified areas if resource growth once underground access us restored • Evaluate regional opportunities including the past producing CM Mine and past drilling results to identify potential resources • Consolidate property in the area to increase existing resource expansion potential.
  • 8. TSX-V: AUMB | OTC: AUMBF RICE LAKE MILL COMPLEX Significant Infrastructure in Place ⚬ Permitted, 1,300 tpd mill and tailings facility with potential for expansion ⚬ Mill recovery historically 94% for underground ore with significant recovery through gravity ⚬ Operated until November 2022 for tailings reprocessing, recent startup testing has not identified any outstanding issues ⚬ Care & Maintenance costs associated with the mill to be largely addressed by recently announced deal with Grid Metals and power supply agreement with a local data center ⚬ Mill lease agreement provides $7.7M in milestone payments, $3-4M in annual production related payments, and significant upgrades to the mill and tailings facility ⚬ Brownfields projects (Central Manitoba, Ogama Rockland) in close proximity to the mill 8
  • 9. TSX-V: AUMB | OTC: AUMBF TRUE NORTH MINE (RICE LAKE MINE) 9 High-grade gold within existing infrastructure with significant potential to expand known zones ⚬ Historical resource: 1 million ounces at 6–7 g/t gold ⚬ Potential expansion opportunities identified by past drilling ⚬ Strategic land acquisition opportunities near mine possible ⚬ Significant mineralized intercepts in the last drill program under Klondex in late 2017, including: 32-17-022 1.1m @ 163.9 g/t Au 635-17-017 23.4’ @ 0.4 opt Au 6350 710 Drilling 635-17-017 7.5’ @ 0.67 opt Au 32-17-014 1.8m @ 0.86 opt Au 32-17-016 4.8m @ 26.9 g/t Au 32-17-024 6.0’ @ 0.86 opt Au 32-17-017A 3.9m @ 47.9 g/t Au Longitudinal section (looking NW) 635-17-017 7.1m @ 12.3 g/t Au 635-17-017 2.3m @ 19.0 g/t Au 32-17-024 6.0m @ 24.4 g/t Au 635-16-024 12.5m @ 11.9 g/t Au 635-17-020 1.8m @ 45.9 g/t Au - 635-17-007: 2.3m @ 20.9 g/t Au - 32-17-014: 1.8m @ 26.8 g/t Au - 635-17-017: 7.1m @ 12.3 g/t Au - 32-17-022: 1.1m @ 179.9 g/t Au - 635-17-020: 1.8m @ 50.4 g/t Au - 32-17-024: 1.8m @ 38.3 g/t Au - 635-17-024: 12.4m @ 13.1 g/t Au - 32-17-017A: 3.9m @ 52.5 g/t Au - 32-17-016: 4.8m @ 29.5 g/t Au
  • 10. TSX-V: AUMB | OTC: AUMBF TRUE NORTH MINE: EXPLORATION TARGETS 10 SLR Consultants resource review identified several opportunities for resource expansion ⚬ 2022 Review of the Resource Estimate identified four areas of resource potential ⚬ Areas identified based on drill “defined” intercepts, averaging over 3 g/t Au ⚬ Current focus is on rebuilding the underground resource model Drill defined areas of resource upside Current 1M oz Resource
  • 11. TSX-V: AUMB | OTC: AUMBF PRIORITY REGIONAL OPPORTUNITIES 11 Large Portfolio of Earlier Stage Targets Widespread evidence of gold indicative of large mineralizing event Extensive database to inform geological modelling and targetting Strategic land acquisition opportunities in surrounding area Advanced discussions to consolidate neighboring properties Acquisitions to add to existing resource growth potential and pipeline Historic producer CM Mine near existing infrastructure Acquired by Klondex through acquisition of Bison Gold in 2017 Underexplored and open at depth and down dip to the SE
  • 12. TSX-V: AUMB | OTC: AUMBF 1) OPPORTUNITIES FROM RECENT CONSOLIDATION ⚬ 3 historical deposits (~300k oz. Au) ⚬ Numerous high-grade gold showings (coloured symbols) ⚬ Underexplored, with minimal previous drilling (black dots) ⚬ Deep-seated faults (mantle-tapping) ⚬ Kilometre-scale shear structures ⚬ Excellent host rocks (Fe- tholeiites, porphyry intrusions, gabbro) PROSPECTIVE FOR HUB AND SPOKE PRODUCTION MODEL 12 3 neighboring deposits in close proximity to the Rice Lake Mill
  • 13. TSX-V: AUMB | OTC: AUMBF 1) CENTRAL MANITOBA PROJECT 13 ⚬ Historical production of 160,000 ounces @ 12.6 g/t Au from 5 shafts ⚬ Mineralized veins (red lines) extend for 2.5 km along strike at surface and range in thickness up to 6.5 metres of core width in structures up to 15 metres in width – comparable to the historical orebodies at Central Manitoba and True North ⚬ Work completed showed that veins only mined to vertical depths <150 metres ⚬ Strong potential for parallel vein systems at depth to the southeast Re-evaluating the Depth- Potential of the Central Manitoba Mine Potential for down-stepping vein systems to southeast
  • 14. TSX-V: AUMB | OTC: AUMBF 1) CENTRAL MANITOBA PROJECT 14 Comparing the True North and Central Manitoba mine trends: similar strike extents, untested depth potential True North Central Manitoba • Deposit extends ~2 km along strike • Orebodies extend to depth ~2 km • Strike:depth ratio ~1 • Deposit extends ~2.5 km along strike • Orebodies extend to depth <150 m • Strike:depth ratio >10 3M ounces @ ~7.5 g/t Au (production + resource) 160k ounces @ ~12.6 g/t Au (production) ?? Vertical longitudinal sections Looking north No vertical exaggeration Untested potential Outlines of mined areas Outlines of mined areas 3M ounces @ ~7.5 g/t Au (production + resource) 160k ounces @ ~12.6 g/t Au (production) Orogenic gold deposits typically extend to depths at least as great as their strike length
  • 15. TSX-V: AUMB | OTC: AUMBF 2) TRUE NORTH: KEY ACQUISITION TARGET Significant potential along parallel structures south of property boundary ⚬ Both Klondex and Sangold tried to consolidate the property immediately to the south of the True North Mine without success ⚬ Mineralized structures at the True North mine project to the property boundary ⚬ Structures well-tested by drilling in proximity to mine workings but untStructures not well-tested to the south due to proximity to property boundary ⚬ Favourable target area with footprint equal to the 3-million-ounce True North deposit ⚬ In discussions with property owners to consolidate interest in these claims 15 AUMB property boundary UNTESTED TARGET AREA
  • 16. TSX-V: AUMB | OTC: AUMBF 3) REGIONAL SCALE EXPLORATION POTENTIAL ⚬ Map at right shows gold occurrences and mapped alteration in bedrock ⚬ Areas of gold enrichment spatially associated with large- scale alteration centres define areas for exploration comparable or larger in scale and intensity to True North (>3M ounces Au) ⚬ Extensive historical exploration database enhances interpretation of results and planning Gold and Alteration in Rocks Indicate Fertile Areas for Gold Deposits 16 Alteration: district-wide rock geochemical sampling identifies extensive areas where rock compositions are ‘altered’, potentially due to the passage of large volumes of high-temperature (hydrothermal) fluids – necessary for gold deposition. Rice Lake property contains numerous large-scale target areas
  • 17. TSX-V: AUMB | OTC: AUMBF 67% 4% 11% 14% 4% Ownership Retail Institutional Dundee Corp. Strategic Insiders Shares Outstanding 72,969,488 Stock Options 5,855,000 Warrants (W. Avg Price – $1.94) 1,987,813 Fully-Diluted 80,812,301 Market Capitalization (20-d VWAP) $6M Share Price (20-d VWAP) $0.075 Daily Avg Vol (20-d) 97,758 Share Performance Capital Structure CAPITAL STRUCTURE Deep Value Opportunity Cornerstone Strategic Investors Strong Insider Support 17 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2.0 $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0.70 $0.80 $0.90 $1.00 VOLUME (MILLIONS) PRICE
  • 18. FOCUSED ON PERFORMANCE AND CORPORATE GOVERNANCE LEADERSHIP 18 Shaun Heinrichs Over 20 years of experience in senior corporate finance roles with significant experience in reporting, strategic planning, capital markets and M&A. President and CEO Carmen Amezquita Over 10 years working in the resource sector in a senior financial management capacity, with significant experience in both exploration and producing companies. CFO Dr. Scott Anderson Over 30 years of experience in government geoscience, exploration, academia and consulting, specializing in structural geology, including a definitive study of the Rice Lake gold camp during his 17 years with the Manitoba Geological Survey. VP Exploration Board of Directors Jamie Haggarty Director Shastri Ramnath Director Shaun Heinrichs President & CEO Gary O’Connor Advisor Advisor Mike Hoffman Chair
  • 19. TSX-V: AUMB | OTC: AUMBF 19 STRATEGIC INFRASTRUCTURE 1,300 TONNES PER DAY FULLY PERMITTED mill and mine site infrastructure +$300M REPLACEMENT COST SIGNIFICANT ASSET VALUE reduced timeline from discovery to production CENTRALIZED LOCATION Historic operations suboptimal as a single-source facility; exploration to provide 2M OUNCES HISTORICAL PRODUCTION UNDERGROUND INFRASTRUCTURE significant potential to expand $82M IN ASSESSMENT CREDITS SUBSTANTIAL TAX AND CREDIT POOLS and over $310M in tax pools available MULTIPLE ORE SOURCES True North Underground Resources (March 2018) CLASS TONS (000's) GRADE Au opt GRADE Au g/t AU OZ (000's) Measured 599 0.209 7.17 125 Indicated 1,409 0.219 7.51 308 Measured and Indicated 2,007 0.216 7.41 433 Inferred 3,586 0.169 5.79 605 All Categories 7,602 0.186 6.38 1,035
  • 20. Shaun Heinrichs 604.900.5620 IR@1911gold.com Suite 1050, 400 Burrard Street Vancouver, British Columbia, Canada V6C 3A6 1911 GOLD CORP. CONTACT www.1911gold.com
  • 22. TSX-V: AUMB | OTC: AUMBF GRID LEASE TERMS Summary Grid to lease the mill (with a toll milling option to 1911 Gold) over the Term for the processing of lithium ore. Grid will operate and maintain the mill, 1911 Gold will maintain remaining site infrastructure and environmental compliance. Term 5 Year Initial Term with a 5 year Extension (1911 has a 2 Year termination option following the initial term) Consideration $0.75M non-refundable payment on signing of letter agreement Milestone payments as follows: • $1M 90 days following the signing of the letter agreement • $1M upon commencement of commercial production (200,000 tonnes run rate) • $1M on the fifth and sixth anniversary of the lease (if extended) $3M over three years towards the closure financial security obligation with up to $10M for additional closure costs if the agreement is extended Ongoing Payments Cost plus 25% on all mill related costs (camp, environment, supervision, security) 1% Net Smelter Royalty on Lithium ore $7.5 per tonne processed “depreciation” fee Toll Milling Grid shall provide toll milling services to 1911 over the term of the contract at cost plus 10% Security Security for certain of the above payments and construction costs. To be released on termination of the agreement