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Independence Gold Appoints Senior Technical Advisor

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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. (TSXV: IGO) (OTCQB: IEGCF) ha nominato Brian Booth come Consigliere Tecnico Senior. Booth vanta oltre 40 anni di esperienza nell'esplorazione mineraria, nello sviluppo e nei mercati dei capitali, di cui 23 anni trascorsi in Inco ricoprendo vari ruoli di gestione.

I risultati significativi di Booth includono la guida di Element 29 Resources e Pembrook Mining Corp., la carica di Presidente di Claude Resources durante l'acquisizione di C$337 milioni da parte di Silver Standard Resources, e la direzione di Lake Shore Gold Corp. durante lo sviluppo dei giacimenti d'oro di Timmins West-Thunder Creek, successivamente acquisiti da Tahoe Resources per C$751 milioni. È inoltre accreditato della scoperta del giacimento d'oro Douay West in Quebec.

L'azienda ha concesso a Booth 300.000 opzioni di acquisto di azioni incentivanti, esercitabili a $0,25 per azione nel corso di tre anni.

Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) ha nombrado a Brian Booth como Asesor Técnico Senior. Booth aporta más de 40 años de experiencia en exploración mineral, desarrollo y mercados de capitales, incluyendo 23 años en Inco en diversas posiciones de gestión.

Entre los logros destacados de Booth se encuentran liderar Element 29 Resources y Pembrook Mining Corp., servir como Presidente de Claude Resources durante su adquisición de C$337 millones por parte de Silver Standard Resources, y dirigir Lake Shore Gold Corp. durante el desarrollo de los depósitos de oro Timmins West-Thunder Creek, que luego fue adquirido por Tahoe Resources por C$751 millones. También se le atribuye el descubrimiento del depósito de oro Douay West en Quebec.

La compañía ha otorgado a Booth 300,000 opciones de acciones incentivadas, ejercitables a $0.25 por acción durante tres años.

Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF)Brian Booth를 수석 기술 고문으로 임명했습니다. Booth는 광물 탐사, 개발 및 자본 시장에서 40년 이상의 경험을 보유하고 있으며, 그 중 23년은 Inco에서 다양한 관리직을 경험했습니다.

Booth의 주목할 만한 업적 중에는 Element 29 Resources와 Pembrook Mining Corp.를 이끌었던 것, Claude Resources의 회장으로서 Silver Standard Resources에 3억 3천7백만 캐나다 달러에 인수되는 동안의 역할, 그리고 Lake Shore Gold Corp.의 Timmins West-Thunder Creek 금 광맥 개발을 이끌었던 것이 포함되며, 이는 나중에 Tahoe Resources에 7억 5천1백만 캐나다 달러에 인수되었습니다. 그는 또한 퀘벡에 있는 Douay West 금 광맥의 발견으로 인정받고 있습니다.

회사는 Booth에게 300,000개의 인센티브 주식 옵션을 부여하였으며, 이는 3년 동안 주당 $0.25에 행사할 수 있습니다.

Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) a nommé Brian Booth en tant que Conseiller Technique Senior. Booth possède plus de 40 ans d'expérience dans l'exploration minérale, le développement et les marchés des capitaux, dont 23 ans chez Inco à divers postes de direction.

Parmi les réalisations notables de Booth, on trouve la direction d'Element 29 Resources et de Pembrook Mining Corp., le rôle de Président de Claude Resources lors de son acquisition par Silver Standard Resources pour 337 millions de dollars canadiens, et la direction de Lake Shore Gold Corp. lors du développement des dépôts d'or de Timmins West-Thunder Creek, qui a ensuite été acquis par Tahoe Resources pour 751 millions de dollars canadiens. Il est également crédité de la découverte du dépôt d'or Douay West au Québec.

L'entreprise a accordé à Booth 300 000 options d'achat d'actions incitatives, exerçables à 0,25 $ par action sur une période de trois ans.

Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) hat Brian Booth zum Senior Technical Advisor ernannt. Booth bringt über 40 Jahre Erfahrung in der Mineralexploration, Entwicklung und im Kapitalmarkt mit, darunter 23 Jahre bei Inco in verschiedenen Managementpositionen.

Zu Boothes bemerkenswerten Leistungen gehören die Leitung von Element 29 Resources und Pembrook Mining Corp., die Funktion als Vorsitzender von Claude Resources während der Übernahme durch Silver Standard Resources für 337 Millionen kanadische Dollar sowie die Führung von Lake Shore Gold Corp. bei der Entwicklung der Goldlagerstätten Timmins West-Thunder Creek, die später für 751 Millionen kanadische Dollar von Tahoe Resources übernommen wurden. Er wird auch für die Entdeckung des Goldvorkommens Douay West in Quebec anerkannt.

Das Unternehmen hat Booth 300.000 Incentive-Aktienoptionen gewährt, die über einen Zeitraum von drei Jahren zu einem Preis von 0,25 $ pro Aktie ausgeübt werden können.

Positive
  • Appointment of highly experienced advisor with 40+ years in mineral exploration
  • Advisor's track record includes successful M&A deals worth C$337M and C$751M
  • Advisor's expertise in both technical operations and capital markets
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - February 7, 2025) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company") is pleased to announce the appointment of Mr. Brian Booth as a Senior Technical Advisor to the Company. Brian brings over 40 years of mineral exploration and development and capital markets experience, including a 23 year career with Inco Limited as Manager of Exploration - North America & Europe, Manager of Global Nickel Exploration and Managing Director at PT Ingold of Australasia.

In recent years, Mr. Booth was President, CEO and Director of Element 29 Resources Inc., leading the team advancing the Elida and Flor de Cobre copper porphyry projects in Peru. Mr. Booth was also President and CEO of Pembrook Mining Corp. (private company) who's team advanced the Pecoy Cu-Mo-Au-Ag porphyry deposit from initial resource drilling to a PEA in Peru. Mr. Booth was also Chair of Claude Resources, a Canadian gold producer, during the acquisition of the company by Silver Standard Resources (now SSR Mining Inc.) for C$337 million. Mr. Booth was also pivotal as CEO and director of Lake Shore Gold Corp. leading the team that advanced and completed the PEA and initiated the underground development of the Timmins West-Thunder Creek gold deposits. He also completed the purchase of the Bell Creek mine and mill complex. All of Lake Shore Gold's Timmins assets were acquired by Tahoe Resources in 2016 for C$751 million. Mr. Booth is credited with the discovery of the Douay West gold deposit in Quebec and conducted the preliminary assessment of the Voisey's Bay Ni-Cu-Co discovery for Inco Limited.

Randy Turner, President & CEO of the Company commented, "The Company welcomes Brian as a senior technical advisor who brings many years of both mineral exploration and financial expertise to the Company. We look forward to having Brian's extensive knowledge and experience as we look to advance the 3Ts Project to its full potential."

In conjunction with this appointment, the Company has granted Mr. Booth incentive stock options to purchase 300,000 shares under the Company's Incentive Stock Option Plan. The options will be granted for a period of three (3) years and are exercisable at a price of $0.25 per share.

About Independence

Independence Gold Corp. 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. For additional information, visit the Company's website www.ingold.ca.

ON BEHALF OF THE BOARD OF INDEPENDENCE GOLD CORP.

"Randy Turner"

Randy Turner, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to Independence within the meaning of applicable securities laws, including statements with respect to the Company's planned drilling and exploration activities. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Independence's public filings under Independence Gold Corp.'s SEDAR profile at www.sedarplus.ca. Although Independence has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Independence disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Suite 580 – 625 Howe, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959
Facsimile: 604-687-1448
E-Mail: info@ingold.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240080

FAQ

What experience does Brian Booth bring to Independence Gold (IEGCF)?

Brian Booth brings over 40 years of mineral exploration, development, and capital markets experience, including 23 years at Inco and successful leadership roles at Element 29 Resources, Pembrook Mining, and Lake Shore Gold Corp.

What are the terms of Brian Booth's stock options grant at Independence Gold (IEGCF)?

Brian Booth was granted 300,000 incentive stock options, exercisable at $0.25 per share over a three-year period.

What major M&A deals has Brian Booth been involved with before joining IEGCF?

Brian Booth was Chair of Claude Resources during its C$337 million acquisition by Silver Standard Resources, and CEO of Lake Shore Gold Corp. when its Timmins assets were acquired by Tahoe Resources for C$751 million.

What significant mining discoveries is Brian Booth credited with?

Brian Booth is credited with discovering the Douay West gold deposit in Quebec and conducted the preliminary assessment of the Voisey's Bay Ni-Cu-Co discovery for Inco

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