{
  "id": 10547792,
  "title": "1911 Gold at Mining Forum Americas 2026: ramp-up and growth",
  "url": "https://urgent.news/2026/09/28/1911-gold-at-mining-forum-americas-2026-ramp-up-and-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T22:21:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/1911-gold-at-mining-forum-americas-2026-rampup-and-growth-93CH-4921324"
  },
  "original_language": "en",
  "account": "On Monday, 28th September 2026, Mining Forum Americas 2026 witnessed a presentation by 1911 Gold (AUMB) highlighting a fully permitted and partly in production Manitoba gold project. The company expects to ramp up production, with expectations of 20,000 to 25,000 ounces in 2027, increasing to about 58,000 to 60,000 ounces in 2028. The base resource could yield near CAD 1 billion in free cash flow at a CAD 4,000 gold price. Currently, two mines are active, and the remaining two are expected to begin operation by the end of 2027. The site spans four mines, a 1,600-ton-per-day mill, and extends over a 62,000-hectare land package. The company's current cash position is slightly under CAD 15 million, with access to a CAD 20 million credit facility. With a current ratio of 0.3, 1911 Gold is in a capital-intensive ramp-up phase, investing heavily in development. Management emphasizes the importance of a strong team, citing Éric Vinet as the head underground engineer and Michele Della Libera as the lead geologist, both bringing extensive international and Canadian mining experience. Explorations have revealed three new high-grade shear structures, with a fourth emerging, within the same host rock as two historic shear systems that produced a cumulative 1.4 million ounces over more than 60 years.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}