1911 Gold Corporation (AUMB) investor relations material

Market environment and project overview

• Gold prices have risen significantly, creating a favorable environment for leveraged gold exposure opportunities.

• The project is a late-stage development with most infrastructure in place and a history of over 2 million oz produced.

• Targeting operational start-up by end of Q4 2026, with a ramp-up to 60,000 oz annual production by 2029-2030.

• Low CapEx entry with recent fundraising and access to a CAD 20 million credit facility to complete construction.

• Strong management and technical team, with significant institutional and strategic investor support.

Infrastructure, development, and production plans

• All key infrastructure, including mill and camp, is in place; final construction of the crushing circuit is underway and due for completion in November.

• Mill commissioning is scheduled for November, with a December 2026 start-up and first gold pour targeted for January 2027.

• Underground mine development is advanced, with new production areas coming online over the next 4-5 months.

• Production ramp-up will see 25,000 oz initially, increasing to 45,000-50,000 oz in 2028, and 60,000 oz by 2029-2030.

• All-in sustaining cost is $1,897/oz, with significant margin at current gold prices.

Resource growth and exploration

• Current resource stands at 1.1 million oz, with a significant update expected in fall 2026 to include new discoveries.

• Recent drilling has led to four new discoveries near existing infrastructure, minimizing additional capital needs.

• The Ogama-Rockland resource, recently updated to 712,000 oz at 6.68 g/ton, is a priority for near-term satellite production.

• Regional exploration targets across 62,000 hectares offer substantial upside, with plans for self-funded exploration from future cash flow.

• Ongoing drilling and resource updates will support evolving mine plans and production strategies.