1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) has filed an NI 43-101 Preliminary Economic Assessment technical report for its wholly owned True North Gold Project in Manitoba.
Prepared by AMC Mining Consultants, the report outlines a restart plan leveraging existing infrastructure valued at over $400 million.
It projects annual production of about 58,000 ounces over an 11-year mine life, based on a gold price of US$3,000 per ounce.