1911 GOLD CORPORATION 1911 Gold Corporation (1911 Gold or the Company) announced that it has completed its first phase of 2022 exploration drilling, testing multiple high-grade gold targets at the 100%-owned Rice Lake and Apex (Snow Lake) Gold Properties in Manitoba, and will initiate the 2022 field exploration program in the coming weeks. In Q1-Q2 2022, the Company completed 9,202 metres of exploration drilling in 35 drillholes, testing 18 targets across four project areas on its Rice Lake and Apex properties in Manitoba. Drilling included follow-up on priority intercepts from the Company's previous drilling at the Tinney and Bidou projects, utilizing detailed 3D structural models to selectively target favourable structural-stratigraphic traps with potential for significant high-grade orebodies.
In addition, maiden exploration drilling was completed on several new targets at Tinney and Bidou, and at the Wallace project where the Company tested five targets in rocks equivalent to the prolific Balmer assemblage in the adjacent Red Lake district. These 'Red Lake-style' targets occur in a regional-scale fold hinge adjacent to the Wanipigow fault, comparable to the large-scale folds and faults that localize gold mineralization in the Red Lake district, most notably at the Red Lake mine and at the Dixie project. At the Apex property near Snow Lake, Manitoba, drilling focused on previously-untested large-scale chargeability anomalies identified by the Company's induced-polarization (IP) geophysical survey in 2021.
Three separate IP targets were tested, as well as a quartz-sulphide vein system that had previously been tested by only shallow close-spaced historical drilling.
