1911 Gold Corporation (AUMB) Corporate presentation summary

Strategic positioning and project overview

• Targeting gold production in 2027 with a short development timeline and fully permitted, existing infrastructure, reducing development risk.

• Control of the entire Rice Lake Greenstone Belt in Manitoba, a prolific but underexplored gold district with significant exploration upside.

• The True North Complex is a high-grade, near-term production asset with a defined pathway to production and district-scale exploration potential.

• Manitoba offers a Tier 1, mining-friendly jurisdiction with strong provincial support, low-cost hydroelectric power, and year-round access.

Leadership, ownership, and capital structure

• Leadership team with deep experience in mining operations, finance, exploration, and capital markets.

• 309.78M shares outstanding, 334.88M fully diluted; market capitalization of $294.6M as of March 2026.

• Institutional ownership at 13%, Eric Sprott at 14%, strategic at 7%, HNW at 16%, insiders at 5%, and retail at 45%.

• $23.6M cash (Dec 2025) and a US$30M credit facility, with the first tranche of US$15M drawn in March 2026.

True North project economics and resource highlights

• 2026 PEA outlines an 11-year mine life, 527,136 oz total gold production, and average diluted grade of 4.32 g/t Au.

• After-tax NPV5% of $391M, IRR of 105%, payback period of 2.2 years, and total LOM free cash flow of $545M at US$3,000/oz gold.

• Initial capex of $59M, total cash costs of US$1,390/oz, and AISC of US$1,897/oz.

• Indicated resources: 499koz (3.5Mt @ 4.41 g/t Au); inferred resources: 644koz (5.5Mt @ 3.65 g/t Au) as of August 2024.

• Steady-state production (2029–2034) averages 58,114 oz/year at 4.40 g/t Au; cumulative free cash flow could reach $1.34Bn at US$4,800/oz gold.