Mr. Shaun Heinrichs
reports
1911 GOLD STRENGTHENS OPERATIONS LEADERSHIP WITH APPOINTMENT OF ERIC VINET AS COO AND ADDITIONAL SENIOR SITE PERSONNEL
1911 Gold Corp. has appointed Eric Vinet as chief operating officer, effective Dec. 1, 2025. The company has also made several key site-level appointments to further strengthen its operations team, including Sam Bates (mine superintendent), David Towle (mill manager) and Dan Barrie (director, special projects). These appointments reflect the company's strategic focus on building the operational leadership required to advance the 100-per-cent-owned and fully permitted True North gold project toward a planned restart of operations in 2027.
"I am excited to welcome Eric Vinet to 1911 Gold as chief operating officer," stated Shaun Henrichs, president and chief executive officer. "Eric has already played a key role in shaping our technical and operational strategy through his current advisory work with the company. His extensive experience in mine development, operational optimization and risk management will be instrumental as we complete the preliminary economic assessment and prepare for the trial mining program next year -- important steps toward the restart of the True North gold mine. Alongside other recent senior site-level appointments, Eric's leadership further strengthens our capability to execute a safe, efficient and successful restart of operations at True North."
"I look forward to joining 1911 Gold as it moves toward the restart of the True North gold mine," stated Mr. Vinet. "The combination of a proven, high-grade gold system, a skilled operations team and existing, permitted infrastructure creates an exceptional foundation for success. Having worked on similar underground operations throughout my career (and having spent the past year working alongside the 1911 Gold team as the project advanced), I see a tremendous opportunity to apply my technical and operational experience to safely and efficiently bring the mine back into production. I'm also eager to help evaluate other areas across the Rice Lake property that have strong potential to support additional near-term production."
Mr. Vinet, chief operating officer
Mr. Vinet brings over 30 years of progressive technical and operational experience in the mining industry and has held several senior positions, including senior vice-president, operations, at New Gold, where he was also general manager at the Rainy River mine (2019 to 2020), repositioning the asset and reinitiating underground mining operations. Prior to this, Mr. Vinet served for several years as general manager at Semafo Inc.'s gold operations in both Niger and Burkina Faso.
Prior to joining 1911 Gold, Mr. Vinet held key technical roles in several underground mining operations with production ranging from 800 to 4,800 tonnes per day. His experience includes the El Mochito mine in Honduras with Breakwater Resources Ltd., the Nuestra Senora mine in Sinaloa, Mexico, with Scorpio Gold Corp. and the Bulyanhulu mine in Tanzania with African Barrick. He also held progressively more senior positions at multiple underground operations in the Val d'Or region, including the Louvicourt mine, the Sigma mines, and the Kiena gold and copper Rand mines in Chibougamau.
The breadth of this experience -- spanning diverse mining methods, operational and capital budgeting, cost management, capital construction, contractor oversight, health and safety management, and the preparation of numerous technical studies -- provides Mr. Vinet with a comprehensive and practical skill set that will greatly benefit the company. He is a graduate of Ecole Polytechnique de Montreal, earning his degree in mining engineering in 1989.
In connection with Mr. Vinet's appointment as COO and under the terms of his current advisory agreement, he has been granted 800,000 options to purchase common shares of the company, pursuant to the company's long-term incentive plan (LTIP). Such options have an exercise price of 93 cents per common share and expire on Oct. 28, 2030. The options vest as to one-third immediately and one-third after the first and second anniversaries of the date of grant. Mr. Vinet has also been granted 300,000 restricted share units (RSUs) under the LTIP, vesting one-third on Dec. 1, 2025, and one-third after the first and second anniversaries of the effective date of his appointment.
Mr. Bates, mine superintendent
Mr. Bates brings over 20 years of mining experience, primarily in the Red Lake gold camp, most recently serving as mine operations superintendent at the Madsen mine, where he oversaw underground development in support of the mine's restart. His strong leadership and commitment to safety, combined with experience at operations such as McIlvenna Bay, Keno Hill and Red Lake, further strengthen 1911 Gold's site team.
Mr. Towle, mill manager
Mr. Towle has over 40 years of milling and processing experience and was most recently mill manager at the Madsen mine in Red Lake, where he managed mill commissioning and start-up to achieve nameplate production. His extensive background in plant operations, commissioning and leadership across multiple Canadian gold projects will be invaluable as 1911 Gold advances toward the restart of operations.
Mr. Barrie, director, special projects
Mr. Barrie brings over 30 years of experience in supply chain management, contract administration and project execution across major Canadian mining projects. His proven expertise in procurement, logistics and operational readiness will be instrumental as 1911 Gold strengthens its supply chain capabilities in support of long-term operational excellence.
About 1911 Gold Corp.
1911 Gold is a junior 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, Canada. The company also owns the True North mine and mill complex in Bissett, Man. 1911 Gold believes its land package represents a prime exploration opportunity, with the potential to develop a 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 the exploration land package are located within and among the first nation communities of the Hollow Water First Nation and the Black River First Nation. 1911 Gold looks forward to maintaining open, co-operative and respectful communications with all of our local communities and stakeholders to foster mutually beneficial working relationships.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.