Mr. Shaun Heinrichs reports

1911 GOLD COMMENCES PEA ON TRUE NORTH PROJECT AND PROVIDES UPDATE ON UNDERGROUND PROGRESS

1911 Gold Corp. has engaged AMC Consultants of Toronto, Canada, to complete a preliminary economic assessment study on the company's wholly owned True North gold project, located in Manitoba.

The PEA will evaluate the potential restart of underground mining operations at the True North mine, utilizing the existing permitted 1,300-tonne-per-day processing facility in Bissett. AMC will assess development and mining method scenarios based on the company's current mineral resource estimate and extensive underground infrastructure, while referencing the company's own internally developed mine plans. While the PEA will not incorporate results from recent and planned drilling, management believes that continued exploration success may provide significant upside beyond the scope of this assessment.

"Initiating a PEA with AMC is a critical milestone as we advance the True North mine toward a restart," stated Shaun Heinrichs, president and chief executive officer of 1911 Gold. "We intend to use the results of the PEA, together with delineation drilling to be completed in the fall on two bulk sample target zones, to finalize plans for a trial production run in mid-2026. This initial trial mining campaign, expected to last three to five months, will provide an important step toward demonstrating the planned mining and development methods, as well as confirm the resource and economics."

The company anticipates delivering the PEA by the first quarter of 2026, which will provide the foundation for redevelopment planning and engagement with key stakeholders.

Underground status update

Momentum underground continues to build, with rehabilitation work nearing completion on Level 16 and other supporting levels in preparation for the next phase of drilling. Hancon Mining Ltd. mobilized crews to the site in August to complete critical rehabilitation and infrastructure upgrades required for drill access, with rigs scheduled to arrive in late September.

Further information on the planned drill program will be provided closer to the commencement date, with a total of 30,000 metres planned over the next several quarters. Drilling will include:

• Exploration drilling focused on expanding the size potential of the recently discovered San Antonio West and San Antonio Southeast zones located adjacent to the historically mined San Antonio zone, within reach of existing underground workings;
• Delineation drilling on the bulk sample target zones identified for early trial mining;
• Resource expansion drilling to test extensions of resources scheduled for near-term production upon completion of the PEA.

These programs, together with the planned trial mining campaign, will deliver critical technical data to validate mining methods, inform development decisions and unlock additional exploration opportunities across the broader True North gold project.

About 1911 Gold Corp.

1911 Gold is a junior gold developer with a highly prospective, consolidated land package totalling more than 61,647 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba. The company also owns the True North mine and mill complex at Bissett, Man., providing a fully permitted infrastructure hub to support future development. 1911 Gold believes its land package represents a prime opportunity to build a new mining district centred on the True North complex.

In addition, the company holds the Apex project near Snow Lake, Man., and the Denton-Keefer project near Timmins, Ont., and remains focused on advancing organic growth while pursuing accretive acquisition opportunities across 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 and 1876). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation, and all local stakeholders, to build mutually beneficial working relationships.

We seek Safe Harbor.