Mr. Shaun Heinrichs reports

1911 GOLD FILES NI 43-101 PEA TECHNICAL REPORT FOR THE TRUE NORTH GOLD PROJECT

Further to 1911 Gold Corp.'s press release dated Feb. 10, 2026, the company has filed a preliminary economic assessment (PEA) technical report for the 100-per-cent wholly owned True North gold project, located in southeastern Manitoba, Canada.

The technical report was prepared by AMC Mining Consultants (Canada) Ltd., in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, and the qualified persons, as referenced in the technical report, have the ability and authority to verify the authenticity and validity of this data and are independent from the company.

The technical report titled "1911 Gold True North PEA," dated March 27, 2026, with an effective date of Feb. 10, 2026, has been filed on SEDAR+ and is also available on the company's website.

True North PEA

The PEA outlines a robust gold mining operation utilizing the fully built and permitted infrastructure, including shafts, underground workings, and the processing and tailings management facility. 1911 Gold has estimated the infrastructure replacement value as being in excess of $400-million, providing a low capital requirement and a high profitability index of 6.6. The plan outlines an economic base-case production restart strategy (at a gold price of $3,000 (U.S.) per ounce) outlining initial steady-state production of 58,114 ounces per annum with a mine life of 11 years.

Qualified person statement

The scientific and technical information contained in this news release has been reviewed and approved by Michele Della Libera, PGeo, vice-president of exploration, and Seok Joon Kim, PEng, chief engineer of 1911 Gold, who are qualified persons within the meaning of National Instrument 43-101.

About 1911 Gold Corp.

1911 Gold is an advanced gold explorer and developer focused on its 100-per-cent-owned True North gold project in the Archean Rice Lake greenstone belt in Manitoba, Canada. The company controls a large, highly prospective approximately 62,000-hectare land package with numerous past-producing gold operations within trucking distance of the fully built and permitted True North mine and mill complex. 1911 Gold is positioning itself to restart operations in 2027 and offers a unique, near-term production opportunity with significant exploration upside. The strategy is to build a district-scale gold mining operation around a central, and readily expandable infrastructure complex to support a socially and environmentally responsible, long-term mining operation with little development risk and a growing mineral resource base.

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 the company's local communities and stakeholders to foster mutually beneficial working relationships.

We seek Safe Harbor.