13:52:08 EDT Tue 30 Apr 2024
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Independence Gold Corp
Symbol IGO
Shares Issued 167,184,931
Close 2024-03-18 C$ 0.22
Market Cap C$ 36,780,685
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Independence Gold begins spring drill program at 3Ts

2024-03-19 11:21 ET - News Release

Mr. Andy Randell reports

INDEPENDENCE GOLD COMMENCES SPRING DRILL PROGRAM AT 3TS PROJECT, BC

Independence Gold Corp. has commenced a diamond drill program at its 100-per-cent-owned 3Ts project, located approximately 185 kilometres southwest of Prince George, B.C., and situated 16 km southwest of Artemis Gold Inc.'s Blackwater project.

The spring drill program will consist of approximately 20 planned drill holes totalling a minimum 4,200 metres and will focus on the underexplored sections of the Ted-Mint and Tommy vein systems, especially at depth where there is the potential for high-grade intercepts that will be used to expand the existing mineral resource (see report titled "Technical Report on the Mineral Resource Estimate Update for the 3Ts Gold Project, Omineca Mining Division, British Columbia, Canada" authored by Armitage and Miller, effective Aug. 18, 2022; please see news release dated Aug. 18, 2022, for further details).

The drill budget will also allow for the testing of several geophysical targets located 400 metres west of the Tommy vein, collectively known as the Balrog anomaly, and further testing of the Johnny and Ian veins and the Ootsa copper-silver target. The estimated budget for the spring drill program is $1.9-million.

The 3Ts project comprises 17 mineral claims covering approximately 8,840 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 metres to more than 1,100 metres in length and true widths up to 25 metres, have been identified.

About Independence Gold Corp.

Independence Gold is a well-financed 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.

We seek Safe Harbor.

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