1911 Gold Targets Mill Restart by End of 2026, Closes $35.65M Bought-Deal Financing

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1911 Gold says it has fully closed a C$35.65M bought-deal financing and is targeting a mill restart by end-2026 at True North. Management also flagged a heavy second-half-2026 catalyst slate: a global resource update, finalized test-mining targets with stope development underway, and startup of the mill after completion of the crushing circuit. The company’s messaging suggests a transition from funding to execution, with the financing de-risking near-term capital needs for the restart plan. CEO Shaun Heinrichs discussed the update on Mining Stock Daily, but the available body text does not include operating metrics, throughput targets, or restart economics. For the desk, the key issue is whether the mill restart timeline and stope development milestones hold through year-end, as this could shift sentiment on junior Canadian gold developers. Near-term trading sensitivity will likely center on follow-through to the resource update and any commentary on capex, funding sufficiency, and processing restart timing.