Mr. Shaun Heinrichs reports

1911 GOLD RE-ESTABLISHES ACCESS TO LEVEL 26 AT THE TRUE NORTH MINE

1911 Gold Corp.'s dewatering program at the True North mine has reached approximately four metres below Level 26, allowing the company to commence rehabilitation work on the level. Dewatering to the shaft bottom (including the loading pocket) is expected to be completed before the end of May. Following the completion of rehabilitation work on Level 26, the company will be able to advance the diamond drilling program in the high-grade 710-711 zone, as well as commence development work necessary for production next year.

Level 26 operational highlights

Logistical focal point for underground mining: The Level 26 loading pocket is currently the primary mechanism for moving ore to the surface. Accessing this infrastructure is a prerequisite for the test mining and bulk sampling programs scheduled for Level 16 in the coming months.

Access to high-grade zones: Re-entry into Level 26 provides access to the high-grade 710-711 zone, as well as the D shaft, which serves as the primary access point to the mine's lower levels, including the Deep East zone.

Platform for resource expansion: Level 26 will provide multiple options for continued underground drilling on high-potential targets, both expanding the existing mineral resources and extending the projected mine life, as well as continuing to follow up on the new discoveries at depth.

Shaun Heinrichs, president and chief executive officer, stated: "Re-establishing access to Level 26 is a significant step in our operational sequence for two reasons. First, from a logistical standpoint, it provides the primary hoisting infrastructure and loading pocket required to support our planned test mining on Level 16 later this year. Equally important, Level 26 is critical for accessing the high-grade 710-711 zone, which Klondex Mines briefly mined in 2017, and for positioning us to evaluate the D shaft to reach the lower levels of the True North mine, including the Deep East zone. Over the coming months, we will re-establish essential services and mobilize drill rigs to further expand the resource base in these areas."

Crews have commenced cleanup of the shaft area on Level 26, followed by repairing essential compressed air, ventilation and electrical systems. Following the dewatering of the remaining 50 metres below Level 26, the company will conduct an inspection and repair of the loading pocket area, which is required for test mining activities scheduled later this year.

Other site developments

Over the past several months, the company has made significant progress in refurbishing and optimizing the mill processing facility, including placing critical deposits on the new crushing circuit to support the scheduled restart timeline. Currently, the mill is scheduled to be operational in mid-2026, excluding the new crushing circuit, which is scheduled for completion later in the year. A new camp facility was recently installed, expanding camp capacity by an additional 36 people, with another camp facility expected in the third quarter of 2026.

The company continues to acquire necessary mobile mining equipment or place deposits on newly constructed units to be used in both the coming test mining activities and the full restart of operations in 2027.

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 its local communities and stakeholders to foster mutually beneficial working relationships.

We seek Safe Harbor.