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Independence Gold Intercepts High-Grade Gold at Larry Vein and Expands Mineralization at Multiple Targets Across 3Ts Project, BC

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Independence Gold Corp. (TSXV: IGO) has announced significant drilling results from its 100%-owned 3Ts Project in central British Columbia. The winter drill program revealed multiple promising outcomes:

The Larry Vein System intercepted high-grade mineralization of 5.95 g/t gold and 23.09 g/t silver over 7.45m, including 20.48 g/t gold and 80.11 g/t silver over 1.86m. At the newly discovered Daisy target, drilling revealed 4.60 g/t gold and 94.74 g/t silver over 2.85m.

The project, located 185km southwest of Prince George and 16km southwest of Artemis Gold's Blackwater Mine, encompasses 31 mineral claims covering 35,486 hectares. The property features nineteen mineralized veins with strike lengths from 50m to over 1,100m and true widths up to 32m.

Independence Gold Corp. (TSXV: IGO) ha annunciato risultati significativi di perforazione nel suo progetto 3Ts, di proprietà al 100%, nel centro della British Columbia. Il programma di perforazione invernale ha rivelato molteplici esiti promettenti:

Il Sistema di vene Larry ha intercettato mineralizzazioni ad alta concentrazione con 5,95 g/t di oro e 23,09 g/t di argento su 7,45 m, inclusi 20,48 g/t di oro e 80,11 g/t di argento su 1,86 m. Nel nuovo obiettivo Daisy, la perforazione ha mostrato 4,60 g/t di oro e 94,74 g/t di argento su 2,85 m.

Il progetto, situato a 185 km a sud-ovest di Prince George e a 16 km a sud-ovest della miniera Blackwater di Artemis Gold, comprende 31 concessioni minerarie per un totale di 35.486 ettari. La proprietà presenta diciannove vene mineralizzate con lunghezze di traccia da 50 m a oltre 1.100 m e spessori reali fino a 32 m.

Independence Gold Corp. (TSXV: IGO) ha anunciado resultados significativos de perforación en su proyecto 3Ts, de propiedad total, ubicado en el centro de Columbia Británica. El programa de perforación invernal reveló múltiples resultados prometedores:

El Sistema de vetas Larry interceptó mineralización de alta ley con 5,95 g/t de oro y 23,09 g/t de plata sobre 7,45 m, incluyendo 20,48 g/t de oro y 80,11 g/t de plata sobre 1,86 m. En el objetivo recién descubierto Daisy, la perforación mostró 4,60 g/t de oro y 94,74 g/t de plata sobre 2,85 m.

El proyecto, ubicado a 185 km al suroeste de Prince George y a 16 km al suroeste de la mina Blackwater de Artemis Gold, abarca 31 concesiones mineras que cubren 35,486 hectáreas. La propiedad cuenta con diecinueve vetas mineralizadas con longitudes de traza desde 50 m hasta más de 1,100 m y anchos reales de hasta 32 m.

Independence Gold Corp. (TSXV: IGO)는 브리티시컬럼비아 중부에 위치한 100% 소유 3Ts 프로젝트에서 중요한 시추 결과를 발표했습니다. 겨울 시추 프로그램은 여러 유망한 결과를 보여주었습니다:

Larry 광맥 시스템은 7.45m 구간에서 금 5.95 g/t, 은 23.09 g/t의 고품위 광화를 확인했으며, 그 중 1.86m 구간에서는 금 20.48 g/t, 은 80.11 g/t가 포함되어 있습니다. 새로 발견된 Daisy 목표지점에서는 2.85m 구간에서 금 4.60 g/t, 은 94.74 g/t가 확인되었습니다.

이 프로젝트는 프린스 조지에서 남서쪽으로 185km, Artemis Gold의 Blackwater 광산에서 남서쪽으로 16km 떨어진 곳에 위치하며, 31개의 광물 채굴권이 포함된 35,486헥타르 면적을 차지합니다. 이 부지는 50m에서 1,100m 이상까지 연장되는 19개의 광맥과 최대 32m의 실제 두께를 가진 광맥들을 포함하고 있습니다.

Independence Gold Corp. (TSXV : IGO) a annoncé des résultats significatifs de forage sur son projet 3Ts, entièrement détenu, situé au centre de la Colombie-Britannique. Le programme de forage hivernal a révélé plusieurs résultats prometteurs :

Le système de veines Larry a intercepté une minéralisation à haute teneur de 5,95 g/t d’or et 23,09 g/t d’argent sur 7,45 m, incluant 20,48 g/t d’or et 80,11 g/t d’argent sur 1,86 m. Sur la cible nouvellement découverte Daisy, le forage a révélé 4,60 g/t d’or et 94,74 g/t d’argent sur 2,85 m.

Le projet, situé à 185 km au sud-ouest de Prince George et à 16 km au sud-ouest de la mine Blackwater d’Artemis Gold, comprend 31 concessions minières couvrant 35 486 hectares. La propriété comprend dix-neuf veines minéralisées avec des longueurs de tracé allant de 50 m à plus de 1 100 m et des largeurs réelles allant jusqu’à 32 m.

Independence Gold Corp. (TSXV: IGO) hat bedeutende Bohrergebnisse aus seinem zu 100 % im Besitz befindlichen 3Ts-Projekt in Zentral-Britisch-Kolumbien bekannt gegeben. Das Winter-Bohrprogramm zeigte mehrere vielversprechende Ergebnisse:

Das Larry Ader-System durchteufte hochgradige Mineralisierung mit 5,95 g/t Gold und 23,09 g/t Silber über 7,45 m, darunter 20,48 g/t Gold und 80,11 g/t Silber über 1,86 m. Am neu entdeckten Daisy-Ziel ergab die Bohrung 4,60 g/t Gold und 94,74 g/t Silber über 2,85 m.

Das Projekt, 185 km südwestlich von Prince George und 16 km südwestlich der Blackwater-Mine von Artemis Gold gelegen, umfasst 31 Mineralansprüche auf einer Fläche von 35.486 Hektar. Das Gelände weist neunzehn mineralisierte Adern mit Streichlängen von 50 m bis über 1.100 m und tatsächlichen Mächtigkeiten von bis zu 32 m auf.

Positive
  • High-grade gold intercept at Larry Vein: 20.48 g/t gold over 1.86m
  • New mineralized vein discovery at Daisy target with 4.60 g/t gold over 2.85m
  • Confirmation of mineralization continuity at depth in Ted-Mint System
  • Project located near established mining infrastructure (Blackwater Mine)
Negative
  • Base metal transition at depth may affect precious metal grades in deeper zones

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2025) - Independence Gold Corp. (TSXV: IGO) ("Independence" or "the Company") is pleased to announce assay results from the winter drill program at its 100%-owned 3Ts Project, located in central British Columbia. Drilling continues to confirm the high-grade nature of the Larry Vein System and expand known mineralization across multiple target areas, including a new discovery at the Daisy target and deeper intercepts in the Ted-Mint Vein System. The 3Ts Project is located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and is comprised of thirty-one mineral claims covering approximately 35,486 hectares ("ha") in the Nechako Plateau region of central British Columbia. The project is situated 16 km southwest of Artemis Gold Inc.'s Blackwater Mine and covers a low-sulphidation epithermal quartz- carbonate vein district within which nineteen individual mineralized veins, ranging from 50 m to more than 1,100 m in strike length and with true widths up to 32 m have been identified.

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Figure 1: 3TS-25-10 and 3TS-25-13 Drill Collar Locations

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High-Grade Gold Intercept at Larry Vein System

Drill hole 3TS-25-10 targeted the Larry Vein System (approximately 145 metres ("m") east of the Tommy Vein System) and intersected a mineralized zone grading 5.95 grams per tonne ("g/t") gold and 23.09 g/t silver over 7.45m, including a high-grade interval of 1.86m grading 20.48 g/t gold and 80.11 g/t silver. This intercept was approximately 25m below the vein interval discovered in 3TS-25-09 and was designed to test for down-dip mineralization potential (see news release dated March 26, 2025). These results continue to demonstrate the potential of the Larry Vein to host high-grade, vein-hosted gold and silver mineralization near surface and at depth, and the potential of being included in the updated resource model (please see news release dated August 18th, 2022 for further details; "Technical Report on the Mineral Resource Estimate Update for the 3Ts Gold Project, Omineca Mining Division, British Columbia, Canada", authored by Armitage and Miller).

New Vein Discovery at Daisy Target and Deeper Ted-Mint Intercepts

Hole 3TS-25-13 tested the Daisy target area 230m east of the southern Ted-Mint Vein System and intersected previously unknown mineralized structures (see Table 1 below). Highlight intercepts from the Daisy veins include 2.85m grading 4.60 g/t gold and 94.74 g/t silver. These veins are interpreted as tensional offshoots located in the hanging wall of arcuate fault systems, reinforcing the Company's structural model developed from earlier discoveries at the Tommy, Ian, Johnny, and Larry Vein Systems. Veins associated with the Daisy Vein System can be traced on surface for 565m and are open along strike and at depth.

Hole 3TS-25-13 also intersected the Ted-Mint Vein at depth within a transitional zone between epithermal precious metals and deeper base metal mineralization. At a depth of 464.21 metres, the Ted-Mint Vein returned 3.54 metres grading 2.67 g/t gold and 26.55 g/t silver, immediately transitioning into a brecciated zone with base metal enrichment, including 5.25 metres with 0.12% lead and 0.20% zinc and anomalous copper up to 771 ppm. These results confirm the classic zonation pattern expected in low-sulphidation epithermal systems and will assist in defining the vertical and lateral extent of the Ted-Mint Vein System.

Drill HoleTargetFrom
(m)
To
(m)
Interval
(m)
Gold
(g/t)
Silver
(g/t)
Lead (%)Zinc
(%)
3TS-25-10
including
Larry Vein System32.6440.097.455.9523.09

34.0035.861.8620.4880.11

3TS-25-13
and
including
and
and
and
and
Daisy Vein System130.06132.912.854.6094.74

131.50132.000.5014.82280.00

Ted-Mint Vein System446.00447.001.000.216.00

455.21457.212.002.6617.00

464.21467.753.542.6725.66

467.75473.005.25--0.120.20

 
Table 1: Highlighted intercepts for drillholes 3TS-25-10 and 3TS-25-13
 

"The winter drill program continues to return excellent results and demonstrates the scale of the 3Ts system," said Randy Turner, President and CEO of Independence Gold. "High-grade intercepts at Larry, a new discovery at Daisy, and base metal transition zones at depth in Ted-Mint are all validating our exploration model and setting the stage for resource growth and future development plans."

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.

Andy Randell, P.Geo., 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.

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.

Drill Hole Location Data

Drill HoleTarget ZoneEastingNorthingElevationAzimuthDipTotal Meterage
3TS-25-10Larry363770587706611519050102
3TS-25-13Ted-Mint3651005876523111126560534
*All drill hole locations are in NAD83, Zone 10 Datum

 

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 Street, 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/248680

FAQ

What are the latest gold grades reported in Independence Gold's (IEGCF) Larry Vein System?

The Larry Vein System intercepted 5.95 g/t gold and 23.09 g/t silver over 7.45m, including a high-grade interval of 20.48 g/t gold and 80.11 g/t silver over 1.86m.

What was discovered at the Daisy target in Independence Gold's (IEGCF) recent drilling?

The Daisy target revealed new mineralized structures with 4.60 g/t gold and 94.74 g/t silver over 2.85m, with veins traceable on surface for 565m.

How many mineralized veins are identified at Independence Gold's (IEGCF) 3Ts Project?

The 3Ts Project contains nineteen individual mineralized veins, ranging from 50m to over 1,100m in strike length with true widths up to 32m.

What were the deep drilling results in the Ted-Mint Vein System of IEGCF's 3Ts Project?

At 464.21m depth, the Ted-Mint Vein returned 3.54m grading 2.67 g/t gold and 26.55 g/t silver, followed by base metal enrichment zone.
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