Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

1911 Gold Corp V.AUMB

Alternate Symbol(s):  AUMBF

1911 Gold Corporation is a Canada-based junior exploration company. The Company holds a prospective, consolidated land package totaling approximately 63,000 hectares (ha) within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns the True North mine and mill complex at Bissett, Manitoba. Its Rice Lake exploration properties, totaling over 58,000 ha, are located approximately 100 kilometers (km) to the east in Ontario. Its flagship asset, the True North Complex, is located adjacent to the town of Bissett on the north shore of Rice Lake, approximately 150 km northeast of the city of Winnipeg, Manitoba. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario. The Apex exploration property is located 15 km southeast of the town of Snow Lake in north-central Manitoba and consists of five mining claims, totaling 752 ha, which are 100% owned by the Company.


TSXV:AUMB - Post by User

Post by PeterThomason Jul 30, 2022 2:07pm
470 Views
Post# 34862412

Tailings operation generating some cash at this time

Tailings operation generating some cash at this timeStarted about 8 weeks ago, awaiting to collect around $10M over the next 3-4 months.   That's close to the market cap !

Also, keeps the mill greased and warmed up for a possible re-start down the line.  Maybe sometime late next year ???
<< Previous
Bullboard Posts
Next >>