Mr. Randy Turner reports

INDEPENDENCE GOLD ANNOUNCES FINANCING OF UP TO $1.5 MILLION

Independence Gold Corp. has arranged a proposed equity financing of up to a maximum of 8,333,333 shares comprising flow-through common shares and units. The FT Shares will be offered at $0.18 and the Units will be offered at a price of $0.18 for a maximum aggregate proceeds of $1,500,000, and a combined total of a maximum 8,333,333 shares issued. Each Unit will consist of one common share of the Company (a "Share") and one-half of one common share purchase warrant. Each whole warrant (a "Warrant") will entitle the holder to purchase one additional Share at an exercise price of $0.24 per common share for a period of 24 months. Subject to compliance with applicable securities laws and the approval of the TSX Venture Exchange, finders' fees may be payable to eligible arm's length persons with respect to certain subscriptions accepted by the Company.

President & CEO Randy Turner commented "The successful completion of recent drilling and exploration programs, including the discoveries of multiple new veins on the property, indicates the potential for future expansion of the current resource. We are excited to continue to advance the 3Ts Project with further drilling and exploration programs in 2024."

The proceeds from the sale of the offering will be used by the Company to fund further exploration programs, including drilling, at the Company's 3Ts Property located in central British Columbia, as well as a portion of the proceeds from the Units is also intended to be used for general and administrative purposes.

Closing of the Offering is subject to receipt of applicable regulatory approvals including the approval of the TSX Venture Exchange. The securities issued will be subject to a four month hold period.

We seek Safe Harbor.