1911 Gold Corporation (AUMB) Corporate presentation summary

Strategic positioning and assets

• Fully permitted, high-grade gold project in Manitoba with existing infrastructure and low capital intensity, targeting a production decision in 2027 after trial mining and updated resource estimates.

• Control of the entire Rice Lake Greenstone Belt, a prolific and underexplored gold district with over 200Moz historical production in the region.

• Centralized processing facility and hub-and-spoke model support multiple ore sources and future expansion.

• Strong provincial support, renewable hydroelectric power, and significant local workforce engagement.

• No royalties, large tax pools, and substantial assessment credits enhance project economics.

Financial and capital structure

• 357.87M shares outstanding, 418.69M fully diluted as of July 31, 2026.

• Market capitalization of $224.98M (20-day VWAP), with $25.4M cash and a US$30M credit facility (US$15M drawn as of July 2026).

• Closed a $35.65M bought deal financing in July 2026.

• Analyst coverage from ROTH Capital, Haywood Securities, and Velocity Trade Partners.

• Ownership includes 12% Eric Sprott, 14% institutional, 17% insider, and 47% retail.

Project economics and PEA highlights

• True North PEA (2026) projects $391M post-tax NPV5% at US$3,000/oz gold, 105% IRR, and 2.2-year payback.

• Initial capex of $59.2M, AISC of US$1,897/oz, and total LOM free cash flow of $545M (base case).

• 11-year mine life with 527,136 oz total gold production and average annual output of 58,114 oz at 4.40 g/t Au.

• Mill recovery of 93.5%, leveraging existing infrastructure for rapid restart.

• Significant upside from operational improvements and new discoveries not included in the PEA.