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Independence Gold Corp. engages in the acquisition, exploration, and evaluation of precious metal properties in North America. The company explores for gold and silver deposits. It holds three exploration projects in central British Columbia and the Yukon Territory. The company holds 100% interest in the 3Ts project comprising fifteen mineral claims covering approximately 5,200 hectares located in the Nechako Plateau region of central British Columbia; and the Moosehorn property that consists of 82 quartz mining claims covering an area of approximately 1,720 hectares located in the Whitehorse Mining District, Yukon. It also holds interests in the Boulevard project with approximately 958 quartz mining claims covering approximately 19,960 hectares situated in Whitehorse Mining District, Yukon. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.
Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) has appointed Brian Booth as Senior Technical Advisor. Booth brings over 40 years of mineral exploration, development, and capital markets experience, including 23 years at Inco in various management positions.
Booth's notable achievements include leading Element 29 Resources and Pembrook Mining Corp., serving as Chair of Claude Resources during its C$337 million acquisition by Silver Standard Resources, and leading Lake Shore Gold Corp. during the development of Timmins West-Thunder Creek gold deposits, which was later acquired by Tahoe Resources for C$751 million. He is also credited with discovering the Douay West gold deposit in Quebec.
The company has granted Booth 300,000 incentive stock options, exercisable at $0.25 per share over three years.
Independence Gold Corp. (IEGCF) has announced significant drill results from its 3Ts Project in British Columbia. The first phase of the 10,000-metre winter drill program revealed notable intersections, including 35.00 metres grading 2.78 g/t gold and 25.05 g/t silver in drill hole 3TS-24-25.
Key highlights include high-grade intersections in holes 3TS-24-24 and 3TS-24-27, yielding 3.82 metres of 44.59 g/t gold and 213.35 g/t silver, and 4.61 metres of 12.56 g/t gold and 85.47 g/t silver respectively. The Tommy Vein System showed evolution from low-sulphidation to intermediate sulphidation at depth, with increased base metal content.
The project, located 185 kilometers southwest of Prince George, spans 8,840 hectares and contains nineteen mineralized veins with strike lengths from 50m to over 1,100m.
Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF) has resumed the second phase of its 10,000-metre winter drill program at the 3Ts Project in British Columbia. The project, located 185 km southwest of Prince George and 16 km southwest of Artemis Gold's Blackwater Mine, covers 8,840 hectares containing nineteen mineralized veins.
In the first phase, twelve drill holes totaling 3,222m were completed, with ten holes focusing on the Ted-Mint and Tommy vein systems for resource model updates, and two holes testing the Ian vein system and Alf vein. The second phase will comprise approximately 6,700m, targeting Ian, Johnny, Ootsa, and Balrog areas.
The company recently received $2,335,040 from the exercise of 19,458,668 warrants from December 2022 financing. Additionally, they closed two private placements in Q4 2024, raising $8,650,000. The company has also granted 3,000,000 stock options to directors, officers, employees, and consultants, exercisable at $0.25 per share for three years.
Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF) has provided an update on its winter drilling program at the 3Ts Project in British Columbia. The project, located 185 km southwest of Prince George and 16 km southwest of Artemis Gold's Blackwater Mine, spans 8,840 hectares across seventeen mineral claims.
To date, twelve drill holes totaling 3,222m have been completed, with ten holes focusing on the Ted-Mint and Tommy vein systems for resource model updates. Two additional holes tested the Ian vein system's depth continuation and initiated exploration of the Alf veins. The project contains over nineteen mineralized veins, ranging from 50m to 1,100m in strike length with true widths up to 25m.
The drill core has been sent to SGS Labs for analysis. Operations will resume in early January 2025 as part of an expanded 10,000m drill program scheduled through spring 2025.
Independence Gold Corp. has announced the discovery of several new veins at its 100% owned 3Ts Project in British Columbia. The project, located 185km southwest of Prince George and 16km southwest of the Blackwater Mine, covers a low-sulphidation epithermal quartz-carbonate vein district. Key discoveries include: the Ootsa Target with samples up to 2.69% copper and 189 g/t silver; the Cardiff Vein yielding 71.30 g/t gold and 178 g/t silver; the Dixie Vein System showing 7.71 g/t gold and 61 g/t silver; and the Daisy Vein returning 4.82 g/t gold and 6 g/t silver. These new veins are currently being tested in an ongoing drill campaign.
Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) has initiated a winter drilling program at its 100% owned 3Ts Project in British Columbia. The project, located 185 km southwest of Prince George and 16 km from Artemis Gold's Blackwater Project, covers approximately 8,840 hectares. The $3.5 million program includes minimum 7,500m of diamond drilling, with six infill holes already completed along Ted-Mint and Tommy Vein Systems. Future drilling will target the Ian and Johnny vein systems, plus untested targets including Ootsa, Balrog and Alf veins. Surface sampling of Alf veins has yielded up to 8.07 g/t gold and 258 g/t silver. The program is scheduled through winter into spring 2025.
Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) has launched a diamond drill program at its 100% owned 3Ts Project in British Columbia. The project, located 185 km southwest of Prince George and 16 km southwest of Artemis Gold's Blackwater Project, covers 8,840 hectares of low-sulphidation epithermal quartz-carbonate vein district. The program includes approximately 25 drill holes totaling minimum 7,500 m, focusing on the Ted-Mint and Tommy Vein Systems, along with the Ian, Johnny and Larry Veins. The drilling aims to expand the existing mineral resource and test mineralization at the Ootsa and Balrog targets.
Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) has announced promising assay results from its spring drill program at the 3Ts Project in British Columbia. Highlights include an intersection of 11.00 metres grading 6.14 g/t gold and 59.64 g/t silver in the Ted-Mint Vein System. The program, consisting of 22 holes totaling 5,130m, targeted various areas of the Ted-Mint and Tommy Vein Systems.
The 3Ts Project, located 185 km southwest of Prince George, covers a low-sulphidation epithermal quartz-carbonate vein district. It currently has an inferred resource estimate of 4,469,297 tonnes grading 3.64 g/t gold and 96.26 g/t silver, containing 522,330 ounces of gold and 13,831,415 ounces of silver. The company is preparing for a planned minimum 5,000m fall drill program based on data from the summer field program.
Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) has announced promising drill results from the Ian Vein System at its 100% owned 3Ts Project in British Columbia. Highlights include an intersection of 26.00 metres grading 9.62 g/t gold and 65.42 g/t silver in drill hole 3TS-24-14. The Ian Vein System has now been traced laterally for approximately 160m and to 115m below surface, remaining open along strike and at depth. The spring drill program, consisting of 22 holes totaling 5,130m, was designed to test several targets and generate additional data for the current resource model. The 3Ts Project contains a total inferred resource estimate of 4,469,297 tonnes grading 3.64 g/t gold and 96.26 g/t silver, containing 522,330 ounces of gold and 13,831,415 ounces of silver.
Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) has evacuated its 3Ts Project due to the Laidman Lake wildfire in British Columbia. The evacuation order was issued on July 21, 2024, by the B.C. Wildfire Service. The wildfire, currently estimated at 51 hectares, is considered out of control. All field personnel and contractors were safely evacuated from the site.
The 3Ts Project, located about 185 km southwest of Prince George, covers 8,840 hectares in the Nechako Plateau region. It is 16 km southwest of Artemis Gold's Blackwater Project and contains a low-sulphidation epithermal quartz-carbonate vein district with multiple mineralized veins. Exploration activities will resume once the BC Wildfire Service deems it safe to return.
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