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1911gold.com
TSX-V: AUMB
Reimagining the HistoricRice Lake Gold Camp
TSX-V: AUMB
1911gold.com
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DISCLAIMERThe information provided in this presentation is not intended to be a comprehensive review of all matters concerning 1911 Gold Corporation ("1911 Gold" or, the "Company") and should be read in conjunction with all other disclosuredocuments of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the informationpresented.
FORWARD-LOOKING STATEMENTSThis presentation contains statements and information that constitute forward-looking information within the meaning of Canadian securities legislation, referred to herein as "forward‐looking statements". These statements include,among others, statements with respect to the amount of mineral resources, gold and silver price assumptions, exchange rate assumptions, the Company's potential plans and operating performance and exploration and developmentpotential of its projects; opportunities to enhance the value of the existing True North Project, capital cost reduction opportunities and other plans and objectives of 1911 Gold. These statements address future events and conditionsand, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievementsexpressed or implied by the statements. Such factors include, among others and in addition to those described elsewhere in this presentation, delays in obtaining or inability to obtain required government or other regulatoryapprovals, permits or financing, the risk of unexpected variations in mineral resources, grade or recovery rates, failure of the plant, equipment, processes or infrastructure to operate as anticipated, of accidents, labour disputes, andunanticipated delays in completing other development activities, the risk that estimated costs will be higher than anticipated and the risk that the proposed mine plan and recoveries will not be achieved, equipment breakdowns andbad weather, the timing and success of future exploration and development activities, exploration and development risks, mineral resources are not as estimated, title matters, third party consents, operating hazards, metals prices,political and economic factors, actions by governmental or regulatory authorities including changes in tax laws or incentive programs, competitive factors and general economic conditions. Actual results may vary from those implied orprojected by forward-looking statements and therefore investors should not place undue reliance on such statements. The forward-looking statements herein are made as of the date of this presentation and the Company expresslydisclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as required by applicable securities legislation. The Technical Reportfor the True North Mine, Bissett, Manitoba, Canada, NI 43-101 Mineral Resource Technical Report, with an effective date of March 31, 2018, can be viewed at www.sedar.com under the 1911 Gold Corporation profile. All historicalscientific and technical information relating to the Ogama-Rockland Project in this presentation on and derived from the technical report titled "A Technical Review of the Ogama-Rockland Deposit on the Rice Lake Property,Manitoba, Canada for Bison Gold Resources Inc.", dated November 15, 2013, prepared by Andrew M. Chater, Ph.D., P.Geo, Senior Associate Geologist, Jamie Lavigne, M.Sc., P.Geo., Senior Associate Geologist and Clifford J.Duke, P.Eng., Senior Associate Geological Engineer of Watts Griffis and McOuat Limited (the "Technical Report"). The Technical Report is available under Bison Gold Resources Inc.'s issuer profile on SEDAR at www.sedar.com .The Company considers Bison Gold Resources Inc.'s resource estimate to be a historical estimate and a qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and the Companyis not treating the historical estimate as current mineral resources. Although the Company believes this source to be generally reliable, such information is subject to interpretation and cannot be verified with complete certainty due tolimits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other inherent limitations and uncertainties. There are numerous uncertainties inherent in historical estimates, which aresubject to all of the assumptions, parameters and methods used to prepare such historical estimates and reference is made to the full text of the Technical Report with respect thereto. There are no other recent estimates or dataavailable to the Company as of the date of this presentation and a detailed exploration program is required to be conducted by the Company in order to treat the historical estimate as a current mineral resource.
TECHNICAL DISCLOSUREThe technical information in this presentation has been approved by Dr. Scott Anderson, Ph.D., P.Geo., Vice President of Exploration. Dr. Scott Anderson is a Qualified Person for the purposes of NI 43-101 as well as a CompetentPerson (as defined in the JORC Code, 2012 edition) as a practicing member of Engineers Geoscientists Manitoba.
Forward Looking Statement
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Top Tier Exploration & Mining Jurisdictions
Manitoba & Ontario:mining friendly, with
proven regional potential for world-class Au deposits
Significant Infrastructure in Place
Fully permitted and operational mill (1,300 tonnes-per-day) and
tailings facility
Revenue Stream from Reprocessed Tailings
Healthy cash balance and a steady cash flow; Well-funded
exploration program
Experienced Management & Technical Team
Regional expertise and proven track record of developing
mines and delivering shareholder value
District-Scale Land Position
Consolidated a historically fragmented land position
on the world-class Rice Lake gold belt
Comprehensive Exploration Strategy
Opportunity for significant value creation through new
discoveries inunderexplored areas
Manitoba
Ontario
Snow Lake BeltApex 100% (Au, Li)
Rice Lake BeltRice Lake 100% (Au)Central MB 100% (Au)Greenbelt 50% (Au)Cryderman 100% (Au)Angelina 100% (Au)
Abitibi Belt (Timmins)Tully 100% (Au)Denton-Keefer 100% (Au)
Manitoba Ontario
411DISPOSITIONS
55,096HA.
$68.8MCREDITS
122DISPOSITIONS
2,550HA.
$968KCREDITS
A junior gold producer leading the next generation of precious metals exploration and development.
About Us
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Corporate Strategy
DISTRICT SCALE EXPLORATION OPPORTUNITY
WITH CENTRALIZEDMILL COMPLEX
Manitoba
E X P L O R AT I O NSystematically
identify and define a Tier-1 gold resource
I N F R AS T R U C T U R ELeverage existing
infrastructure to quickly advance new discoveries
into production
R E V E N U EMinimize dilution with revenue from tailings
reprocessing(5,000 oz. Au annually)
C R E D I T SOver $69M in
assessment credits and $300M in tax shelter
available
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Why the Rice Lake Belt?
Regional GeologyWell-defined accretionary
margin (orogenic Au potential)
Crustal-scale faults (>70km of strike length)
Favourable host rocksand structure
Widespread gold mineralization, alteration
UnderexploredPrevious work had narrow focus (historical showings)
Only localized geochemical data
Areas with surficial cover largely unexplored
InfrastructureEasy access to all
weather road network
Existing permitted mill and tailings facility
Over 100 years of exploration and
development history to build on
ManagementManagement technical
team with strong local and regional knowledge
Comprehensive exploration strategy
Systematic approach
ConsolidationHistorically fragmented
land position
High-resolution aeromagnetic coverage,
but no unified compilation
No modern, systematic, regional-scale exploration
Focused on High-Grade Gold Exploration
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(Madsen)
(Dixie)
(Red Lake, Cochenour)
Classic Archean greenstone belto Diverse favourable host rocks
Red Lake-equivalent geologyo Comparable 300-million-year history
Highly favourable crustal architectureo 2.7 billion-year-old plate margin
Regional fluid conduit (Wanipigow Fault)o >150 kilometre length (>70 km AUMB)
World-class Au potentialo >40M oz. Au endowment
Located in the Birch-Uchi geological domain – Tier 1 in Canada in terms of total gold endowment
Regional Setting
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Historically fragmented
Consolidation since 2011:San Gold acquired Wildcat (2011)San Gold acquired Strikepoint (2012)San Gold acquired Cougar (2013)Klondex acquired San Gold (2016)Klondex acquired Bison Gold (2017)1911 Gold staking (2018-2019)
Contiguous land packages: the largest ever assembled for Rice Lake belt (54,000 hectares)
Includes two major mine trends: Rice Lake and Central Manitoba
Covers more than 70 kilometre length of the main crustal-scale break (Wanipigow Fault)
Consolidating the Rice Lake BeltLand Position
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Science-based prediction/detection strategy
Definition of Prospective Areaso Interpretation of regional aeromagnetic &
LiDAR datao Complex, optimally-oriented, structures
Delineation of Favourable Structureso Bedrock mapping, prospectingo Structural interpretation (aeromagnetic
and LiDAR)o Surficial geochemistry (humus and
spruce bark)
R E G I O N A L S T R U C T U R E
M E R G E D A N D L E V E L E D H R A M A G
Systematic, disciplined approach
Well-managed, cost-effective execution
o Compositionally favourable host rocks
o Gold occurrences, alteration
o Ground geophysics(IP, VLF-EM, MAG)
o 3D modeling (Leapfrog)
Exploration Methodology
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Active Projects:Bidou (B)Currie’s Landing (C)Gold Horse (G)Horseshoe (H)Poundmaker (P)Tinney (T)Wallace (Wl)Wanipigow East (Wn)
ExplorationStages
Conceptual Exploration
Reconnaissance Exploration
Intensive Data Collection
Preliminary Modeling
Advanced Modeling
Criteria for Advancement
Favourable macro-scale geology?
Evidence of mineral system?
Confirmation?Scale?
Continuity?
Conduit?Trap?
Project Generation
Advanced Drilling
Target Generation
Drill Target Identification
First-Pass Drilling
ResourceDelineation
LEGEND
Advancing To Discovery
B, T
G, Wl
C
H, P, Wn
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Highly-prospective Setting
Bidou & Tinney Projects
o Excellent host rocks
o Regional-scale anticline
o Kilometre-scale shear structures
o High-grade gold showings
o Underexplored, with minimal previous drilling
Compelling evidence of a robust, kilometres-scale, mineral system
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Bidou Project
True North
Simplified Geological Maps Shown at Same ScaleBidouProject
Geology:o Layered gabbro sills, basalt flows, interflow sedimentso Felsic porphyry intrusions & flows
Structure:o Northeast-trending shear structureso Sense and timing of shearing
Mineralization:o Fault-controlled, quartz-carbonate vein systemso Gold-rich (low base metals)
Analogous to the True North Gold Mine (+2M oz. produced) based on the following criteria:
DepositFootprint
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o First-pass drilling of 4 targetso Several parallel structures confirmedo Consistent gold intercepts over
significant widthso Various styles of mineralization &
alteration (multiple mineralizing events)o High-grade gold intercepts
2.44 g/t Au over 5.3 m0.96 g/t Au over 6.9 m
2.64 g/t Au over 2.5 m
9.4 g/t Au over 0.7 m
2.17 g/t Au over 12.2
Drillhole BL-20-002:2.17 g/t Au over 12.2 m (174.0 to 186.2 m)inc. 3.70 g/t Au over 3.1 m (174.0 to 177.1 m)and 10.70 g/t Au over 0.9 m (178.2 to 179.1 m)Bidou
Project
Demonstrated Au potential along multiple, untested, kilometre-scale structures
Phase I Exploration Drilling Program(Q4 2019 - Q1 2020)
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Geology:o Gabbro sills, basalt flows, chertso Felsic porphyry dikes
Structure:o Regional-scale fold structureo Faults/shears cutting porphyry intrusion
Mineralization:o Steep and shallow vein systemso Quartz-tourmaline mineralogy
TinneyProjectSimilar geological characteristics to the Sigma-Lamaque (10M oz. Au) and Kalgoorlie (60M oz. Au) deposits based on the following criteria:
Tinney Project
Sigma-Lamaque
Simplified Geological MapsShown at Same Scale
DepositFootprint
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37.65 g/t Au over 0.5 m
9.29 g/t Au over 2.55 m
26.42 g/t Au over 2.03 m
43.27 g/t Au over 0.65 m
0.64 g/t Au over 5.6 m
4.29 g/t Au over 3.95 m
2.25 g/t Au over 3.7 m
Drillhole TS-20-003:26.42 g/t Au over 2.0 m (157.0 to 159.0 m)inc. 50.85 g/t Au over 1.0 m (157.5 to 158.5 m)
TinneyProject
o First-pass drilling of 3 targetso Gunnar porphyry verified to deptho Multiple intersecting structureso Sheeted vein systems in porphyryo Thick zones of intense alterationo High-grade gold intercepts
Demonstrated Au potential in the core of a belt-scale fluid conduit
(Beresford Lake anticline)
Phase I Exploration Drilling Program(Q42019 - Q12020)
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Victor Target R13084 11.6 g/t Au R13086 21.2 g/t Au
Madeline Target R12939 68.0 g/t Au R12985 95.9 g/t Au
Black Bear Target R13006 33.0 g/t Au
Bidou South Target R12144 5.1 g/t Au
Lemming Target R12221 97.6 g/t Au
Janet South Target R12167 11.4 g/t Au
Woodchuck Target R12153 11.1 g/t Au R12160 858.2 g/t Au R12170 21.2 g/t Au R12179 47.6 g/t Au
Marten Target R13059 16.4 g/t Au
Tinney Shear Target Bidou South Target
Gunnar Porphyry
Edna/Otter Target
Midway Target
Cougar Target
Bidou Shear Target
Janet Target
304
314
Beresford Lake Anticline
Successful 2020 field program
Numerous high-grade targets
Multiple project areas
Integration, analysis and 3Dmodeling to define targets, and efficiently advance projects to drill testing
Exploration Program
New High-Grade Showings with up to 858 g/t Au from Grab Samples
Driving Shareholder Value:Systematic field exploration
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Exploration Program
Commenced Nov 1, 2020
12,000 metres of drillingo 7,000 m follow-up @ Tinneyo 4,000 m follow-up @ Bidouo 1,000 m first-pass drilling on
new targets generated in 2020
Fully funded, permitted
Systematic drilling of large-scale fluid conduits with clear potential
to host significant gold
Driving Shareholder Value:Phase II Exploration Drilling
Tinney and Bidou projects
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Exploration Program
Commencing Dec, 2020
6,000 metres of drillingo 3,000 m first-pass @ Horseshoeo 1,000 m first-pass @ Wanipigow E.o 2,000 m first-pass @ Poundmaker
Fully funded, permitted
Systematic drilling of large-scale fluid conduits with clear potential
to host significant gold
Driving Shareholder Value:Phase II Exploration Drilling
Horseshoe, Wanipigow East and Poundmaker projects
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Tailings Reprocessing
3,285
$5.4M
201780,848
TONS
3,969
$6.4M
2018230,427
TONS
4,819
$10.9M
2020*247,759
TONS
4,997
$11.2M
2021*286,667
TONS
$11.2M
2019221,969
TONS
5,713
Cashflow to fund overhead and minimize dilution
* Estimated
$2.1M$3.5M$1.6M$0.2M*$2.1M*
Sales
Oz Sold
L E G E N D
Cashflow
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4%
$9.0MSeptember 30, 2020
Cash Position
Shares Outstanding 46,395,730
Options (W. Avg Life – 3.7 years, $0.45) 3,988,334
Warrants (W. Avg Life – 5.2 years) 2,990,233
Restricted Share Units 213,330
Fully-Diluted 53,587,627
Market Capitalization (20-d VWAP) $29M
Share Price (20-d VWAP) $0.62
Daily Avg Vol (20-d) 94,270
71% 14%
InsidersInstitutionalRetail
O W N E R S H I P
S H AR E P E R F O R M AN C E
C AP I TAL S T R U C T U R E Well-funded To Execute Plans
Cornerstone Strategic Investor
Strong Insider Support
8% 3%
CapitalStructure
0 .0
0 .5
1 .0
1 .5
2 .0
2 .5
3 .0
$0 .00
$0 .10
$0 .20
$0 .30
$0 .40
$0 .50
$0 .60
$0 .70
$0 .80
$0 .90
$1 .00
Jul-31 Oct-31 Jan-31 Apr-30 Jul-31 Oct-31 Jan-31 Apr-30 Jul-31
VOLUME (MILLIONS)PRICE
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True North Complex
Fully Permitted: 1,300 tonnes per day mill and mine site infrastructure
Underground Infrastructure: historical production of2 million ounces; significant potential to expand
Significant Asset Value: +$200M replacement cost; reduced timeline from discovery to production
Substantial Tax and Credit Pools: $69M in assessment credits and over $296M in tax pools available
Centralized Location: Historic operations suboptimal as a single-source facility; exploration to provide multiple ore sources
Currently Generating Revenue: +$10M in revenue annually
Strategic Infrastructure
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Strategic Advantages
Key Strengths1911 Gold
CorporationOther Exploration
Companies
District scale exploration opportunity
Condensed timeline to production
Capital expenditures required
Currently generating revenue
Robust exploration model, strategy and methodology
L O W E R H I G H E R
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BOAR D OF D IRECTORS
R O N C L AY T O NPresident & CEO
D AV I D C H R I S T E N S E NDirector
M I K E H O F F M ANChair
J AM I E H AG G AR T YDirector
S H AS T R I R AM N AT HDirector
R O N C L AY TO N
Over 40 years of experience in the mining industry operating in senior executive roles, including acting as President and CEO of Tahoe Resources and as COO of Tahoe Resources during the successful build out of the Escobal mine.
President & CEO
S H AU N H E I N R I C H S
Over 20 years of experience in senior corporate finance roles with significant experience in reporting, strategic planning, capital markets and M&A.
CFO
D R . S C O T T AN D E R S O N
Over 30 years of experience in government geoscience, exploration, academia and consulting, specializing in structural geology, including a definitive study of the Rice Lake gold camp during his 17 years with the Manitoba Geological Survey.
VP Exploration
FOCUSED ON PERFORMANCE AND CORPORATE GOVERNANCE
Leadership
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Exploration and Mining Friendly Jurisdiction
Permitted Mill Complex and Tailings Facility
Revenue Stream, No Debt
Experienced Managementand Technical Team
Well-Funded Exploration Program
District-Scale Land Position
Proven Regional Potential for World-class Au Deposits
Strong Understanding of Deposit Model
Comprehensive Exploration Strategy
Opportunity for Significant Value Creation Through Discovery
Clear Strategy
District-Scale Scope
Long-Term Outlook
100%Controlled Land Package
54,000Hectares of Upside
$68.8MAvailable Assessment Credits
Why Invest in 1911 Gold?
Suite 1050, 400 Burrard Street Vancouver, British Columbia, Canada
V6C 3A6
1911gold.com
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Appendix
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Birth of a New Gold Districto 1881: Gold discovered on Black Islando 1890-91: First geological investigationso 1911: Rice Lake gold discovery
Early Mine Developmentso 1927-1937: Central Manitoba mineo 1932-1968: Rice Lake (San Antonio) mineo 1936-1942: Gunnar mineo 1948-1951: Ogama-Rockland mine
Subsequent Mine Developments(San Antonio/Rice Lake/True North)o 1980-1983: Brinco Mining Ltd.o 1989-1998: Rea Gold Corp.o 1998-2001: Harmony Gold (Canada) Inc.o 2004-2015: San Gold Corp.o 2016-2018: Klondex Mines Ltd.o 2018-Present: 1911 Gold Corp.
Rice Lake prospect, 1927, J.S. De Lury
San Antonio gold mine was established in 1926
Early days of exploration
DistrictHistory
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Fluid Focusing:o Splays of crustal-scale breako Domains of low mean stresso High differential stress
Local-scale structural controls:o Shear and hydraulic fracturing
of competent rock-typeso Structural anisotropyo Enhanced permeabilityo Channeling of auriferous fluidso Au precipitation
(chemical/structural traps)
Principal Exploration Targets:o Shear-hosted vein Auo Banded Iron-formation Auo Turbidite-hosted vein Au
Mineral Systems Concept(Source, Transport, Sink)
Exploration Model
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Manitoba Ontario
Apex Project (100% owned)
Tully Project (100% owned)
Denton-Keefer Project (100% owned)
HIGHLIGHTS
o Historical resource* (140k tonnes @ 3.3 g/t Au)
o Reconnaissance exploration completed in Fall 2019
o Adjoins Laguna property under option to Kinross Gold
o Stacked extension veins in mafic tuff unit
o Deposit open at depth and along strike
o Adjoins Bradshaw property (Gowest Gold)
o Along projected trend of PDF
o Favourable geology and structure
o Several significant Au occurrences
LOCATION 15km SE of Snow Lake, MB 30km N of Timmins, ON 35km SW of Timmins, ON
PROPERTY AREA 752 hectares 450 hectares 2,100 hectares
TYPE OF DEPOSIT Orogenic / Intrusion Au Orogenic lode gold Orogenic lode gold
GEOLOGICAL SETTING Flin Flon-Snow Lake belt Abitibi belt Abitibi belt
PRINCIPAL STRUCTURE Crowduck Bay Fault Pipestone Fault Porcupine-Destor Fault
PROXIMAL DEPOSITS
New Britannia1.5M oz. (past prod.) Bradshaw Timmins West
* Non-NI 43-101 compliant
Manitoba
Ontario
Apex Project
Timmins
Focus on Tier-1 Mining Jurisdictions
Other Properties
