07:08:29 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Independence Gold Corp
Symbol IGO
Shares Issued 145,948,487
Close 2023-10-16 C$ 0.155
Market Cap C$ 22,622,015
Recent Sedar Documents

Independence Gold begins 2,000 m drill program at 3Ts

2023-10-17 10:57 ET - News Release

Mr. Randy Turner reports

INDEPENDENCE GOLD COMMENCES 2,000 METRE DRILL PROGRAM AT THE 3TS PROJECT, BC

Independence Gold Corp. has commenced a diamond drilling program at its 100-per-cent-owned 3Ts project located approximately 185 kilometres (km) southwest of Prince George, B.C., and situated 16 km southwest of the Blackwater mine, which is currently being developed by Artemis Gold Inc.

The fall drill program will consist of approximately 16 drill holes totalling 2,000 metres (m) and will focus on the recently announced discoveries of the Johnny and Ian veins (see news releases dated Aug. 10 and Sept. 27, 2023, respectively) as well as the Ootsa copper-silver target (see news release dated Oct. 4, 2023). In addition, drilling will also focus on the southern extension of the Ted-Mint vein system in which targets have been selected based on the updated National Instrument 43-101 inferred resource completed in 2022 by SGS Geological Services (report titled "Mineral Resource Estimate Update for the 3Ts Gold Project, Omineca Mining Division, British Columbia, Canada," authored by Rohan Millar and Allan Armitage with an effective date of Aug. 18, 2022; see news release dated Aug. 18, 2022). Drilling will also test significant gaps between the Tommy and Ted-Mint vein systems. The estimated budget for this drill program is $650,000.

Randy Turner, president and chief executive officer of the company, commented: "This program will test the extent of the newly discovered Johnny and Ian veins as well as the Ootsa target. We hope to further expand on the current inferred resource with additional drill holes that will infill areas between the major vein systems."

The 3Ts project comprises 15 mineral claims covering approximately 5,200 hectares in the Nechako Plateau region of central British Columbia. The 3Ts project covers a low-sulphidation epithermal quartz-carbonate vein district within which more than a dozen individual mineralized veins, ranging from 50 m to more than 1,100 m and true widths up to 25 m, have been identified.

About Independence Gold Corp.

Independence Gold is a mineral exploration company with holdings ranging from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. The company is positioned to add shareholder value through systematic project advancement, while management continues to evaluate additional gold and silver projects for possible acquisition.

Andy Randell, PGeo, the company's qualified person as defined by National Instrument 43-101, has reviewed the technical information in this news release.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.