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Podcast: Mining Stock Daily
Episode: 1911 Gold's preliminary economic assessment and the road to production at True North
Description: In this episode of Mining Stock Daily, host Michael McCrae speaks with CEO Shaun Heinrichs of 1911 Gold (TSX-V: AUMB) about the companyβs newly-released preliminary economic assessment (PEA) for the True North Gold Project in Manitoba. The study outlines a redevelopment plan built around existing permitted infrastructure with the goal of restarting operations through a relatively low initial capital investment. The PEA contemplates average annual gold production of approximately 58,000 ounces over an estimated 11-year mine life and presents projected economics that management believes support advancement to the next stage of study.During the discussion, the CE...