1911 Gold Corporation (TSXV: AUMB) (OTCQX: AUMBF) has appointed Shaun Heinrichs as President, CEO and Director, effective immediately as part of the company’s succession plan.
Mr Heinrichs previously served as the Chief Financial Officer of 1911 Gold, having joined the company on June 28, 2018, prior to the spin-out from Klondex Mines Ltd. During this time Mr Heinrichs has taken an active role in both the management of the Rice Lake operations as well as the company’s investor relations activities.
Mr Heinrichs is a seasoned mining executive with over 20 years experience in the resource industry, primarily focused on the financing and management of gold focused mining and exploration companies.
Ron Clayton, the outgoing President and CEO of 1911 Gold, will be remaining as a director as well as act in an advisory role to Mr Heinrichs during this transition. Mr Clayton is stepping down from his duties as CEO to focus on other interests as well as spend more time with his family.
“I wish to thank Ron for his mentorship and support which has allowed me to take on this new role,” Mr Heinrichs said.
“I believe 1911 Gold presents a unique investment opportunity in the gold sector with its significant land position in the highly prospective Rice Lake greenstone belt in Manitoba, Canada.
“The Rice Lake property, historically underexplored outside of the existing underground mine, lies along an ancient plate margin extending across to the prolific Red Lake gold camp and has the potential to contain one or more significant gold deposits.
“I look forward to continuing to work with our experienced exploration team led by Scott Anderson to make those discoveries.”
1911 Gold is currently undertaking a search process to choose a new Chief Financial Officer.
About 1911 Gold Corporation
1911 Gold is a junior explorer that holds a highly prospective, consolidated land package totalling more than 58,000 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns the True North mine and mill complex at Bissett, Manitoba, where it is reprocessing historic tailings on a seasonal basis.
The company also owns the Apex project near Snow Lake, Manitoba and the Tully and Denton-Keefer projects near Timmins, Ontario, and intends to focus on both organic growth opportunities and accretive acquisition opportunities in North America.
For further information please visit: https://www.1911gold.com/
