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Independence Gold Corp
Symbol IGO
Shares Issued 263,947,852
Close 2026-04-29 C$ 0.10
Market Cap C$ 26,394,785
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Independence Gold drills 2,500 m to date at 3Ts

2026-04-30 14:23 ET - News Release

Mr. Randy Turner reports

INDEPENDENCE GOLD PROVIDES DRILLING UPDATE AT THE 3TS GOLD AND SILVER PROJECT, BRITISH COLUMBIA

Independence Gold Corp. has provided an update on its continuing 2026 drill program at its 100-per-cent-owned 3Ts gold and silver project, located in central British Columbia. Located approximately 185 kilometres southwest of Prince George, B.C., the 3Ts project comprises 31 mineral claims covering approximately 35,486 hectares in the Nechako Plateau region. The project lies 16 kilometres southwest of Artemis Gold Inc.'s Blackwater mine and hosts a low-sulphidation epithermal quartz-carbonate vein district, within which at least 19 known mineralized veins, ranging from 50 to over 1,100 metres in strike length and true widths of up to 32 metres, have been identified, 10 of which remain untested by drilling. Several of the drill tested veins to date remain open along strike and at depth.

The company announced a significant update to the mineral resource estimate (MRE) for the 3Ts gold and silver project in the fourth quarter of 2025 (see report titled "Mineral Resource Estimate Update for the 3Ts Gold and Silver Project, Omineca Mining Division, British Columbia, Canada," written by Millar and Eggers, with an effective date of Nov. 12, 2025; see news release dated Nov. 19, 2025, for further details).

Drilling highlights:

  • Approximately 2,500 metres of drilling completed to date across multiple targets;
  • Drilling has tested the Johnny, Ian, Larry, Tommy and Dobby veins;
  • Core logging and sampling are continuing, with the first core samples sent to the lab, with assays pending.

Drilling update

A 10,000-metre drill program commenced in late March, 2026, and is continuing. As of April 30, 2026, a total of approximately 2,500 metres have been completed in 16 drill holes targeting both known vein systems and newly discovered geophysical and geochemical anomalies. The current program is designed to test extensions of known mineralized structures for resource expansion, evaluate new target areas identified through geophysics and surface work, and expand the company's understanding of the broader geological system. Drilling to date has intersected multiple zones of veining, alteration and structural complexity across the project area.

Key observations from visual core logging include:

  • Ian vein system: Drilling intersected intervals of silicified quartz breccia and quartz-carbonate veining.
  • Larry vein system: Multiple holes encountered quartz stockwork and veining within complex volcanic and breccia sequences.
  • Dobby target: Drilling intersected stockwork veining, fault zones and intrusive contacts, consistent with geophysical interpretations.
  • Tommy vein system: Drilling intersected zones of silicification, brecciation and veining over broad intervals.

Randy Turner, chief executive officer, commented: "We are pleased with the progress of the current drill program at 3Ts, with multiple targets being tested. With 25 per cent of the program having been completed, we look forward to results from the lab providing valuable information on drill testing for resource expansion and untested geophysical and geochemical targets."

All samples will continue to be submitted to independent laboratories for standard analytical testing, which will form the basis for any reported assay results.

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.

Andy Randell, PGeo, the company's qualified person as defined by National Instrument 43-101 and who is an independent consultant for the company, has reviewed the technical information in this news release.

We seek Safe Harbor.

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