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Independence Gold Intersects 35.00 Metres Grading 2.78 g/t Gold and 25.05 g/t Silver, Including 4.83 M Grading 17.35 g/t Gold and 150.93 g/t Silver, at the 3Ts Project, BC

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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. (IEGCF) ha annunciato risultati significativi di perforazione dal suo progetto 3Ts in British Columbia. La prima fase del programma di perforazione invernale di 10.000 metri ha rivelato intersezioni notevoli, tra cui 35,00 metri con un grado di 2,78 g/t di oro e 25,05 g/t di argento nel foro di perforazione 3TS-24-25.

I punti salienti includono intersezioni ad alto grado nei fori 3TS-24-24 e 3TS-24-27, producendo 3,82 metri di 44,59 g/t di oro e 213,35 g/t di argento, e 4,61 metri di 12,56 g/t di oro e 85,47 g/t di argento rispettivamente. Il sistema di vena Tommy ha mostrato un'evoluzione da bassa sulfidazione a sulfidazione intermedia in profondità, con un aumento del contenuto di metalli di base.

Il progetto, situato a 185 chilometri a sud-ovest di Prince George, si estende su 8.840 ettari e contiene diciannove vene mineralizzate con lunghezze di sovrastruttura che variano da 50m a oltre 1.100m.

Independence Gold Corp. (IEGCF) ha anunciado resultados de perforación significativos de su Proyecto 3Ts en la Columbia Británica. La primera fase del programa de perforación invernal de 10,000 metros reveló intersecciones notables, incluyendo 35,00 metros con un grado de 2,78 g/t de oro y 25,05 g/t de plata en el pozo de perforación 3TS-24-25.

Los aspectos destacados incluyen intersecciones de alta ley en los pozos 3TS-24-24 y 3TS-24-27, que rinden 3,82 metros de 44,59 g/t de oro y 213,35 g/t de plata, y 4,61 metros de 12,56 g/t de oro y 85,47 g/t de plata respectivamente. El sistema de vena Tommy mostró evolución de baja sulfidación a sulfidación intermedia a profundidad, con un aumento en el contenido de metales base.

El proyecto, ubicado a 185 kilómetros al suroeste de Prince George, abarca 8,840 hectáreas y contiene diecinueve venas mineralizadas con longitudes de estructura que van de 50 m a más de 1,100 m.

Independence Gold Corp. (IEGCF)는 브리티시컬럼비아의 3Ts 프로젝트에서 중요한 시추 결과를 발표했습니다. 10,000미터 겨울 시추 프로그램의 첫 번째 단계에서 35.00미터의 2.78g/t의 금과 25.05g/t의 은을 포함한 주목할 만한 교차점이 발견되었습니다. 시추 구멍 3TS-24-25에서의 결과입니다.

주요 하이라이트에는 3TS-24-24 및 3TS-24-27번 구멍에서 고품질의 교차점이 포함되어 있으며, 각각 3.82미터에서 44.59g/t의 금과 213.35g/t의 은, 4.61미터에서 12.56g/t의 금과 85.47g/t의 은이 발견되었습니다. 토미 vein 시스템은 깊이에서 저황화에서 중간 황화로의 발전을 보여주며, 기초 금속 함량이 증가했습니다.

이 프로젝트는 프린스 조지에서 남서쪽으로 185킬로미터 떨어진 곳에 위치하며, 8,840 헥타르의 면적을 차지하고 있으며 길이가 50m에서 1,100m 이상까지 다양한 19개의 광물화된 vein을 포함하고 있습니다.

Independence Gold Corp. (IEGCF) a annoncé des résultats de forage significatifs de son projet 3Ts en Colombie-Britannique. La première phase du programme de forage hivernal de 10 000 mètres a révélé des intersections notables, y compris 35,00 mètres avec une teneur de 2,78 g/t d’or et 25,05 g/t d’argent dans le trou de forage 3TS-24-25.

Les points forts incluent des intersections de haute qualité dans les trous 3TS-24-24 et 3TS-24-27, produisant 3,82 mètres de 44,59 g/t d’or et 213,35 g/t d’argent, et 4,61 mètres de 12,56 g/t d’or et 85,47 g/t d’argent respectivement. Le système de veine Tommy a montré une évolution d’une sulfidation faible à une sulfidation intermédiaire en profondeur, avec un contenu accru de métaux de base.

Le projet, situé à 185 kilomètres au sud-ouest de Prince George, s'étend sur 8 840 hectares et contient dix-neuf veines minéralisées avec des longueurs de filon allant de 50 m à plus de 1 100 m.

Independence Gold Corp. (IEGCF) hat bedeutende Bohrergebnisse aus seinem 3Ts-Projekt in British Columbia bekannt gegeben. In der ersten Phase des 10.000 Meter umfassenden Winterbohrprogramms wurden bemerkenswerte Begegnungen festgestellt, darunter 35,00 Meter mit 2,78 g/t Gold und 25,05 g/t Silber im Bohrloch 3TS-24-25.

Zu den wichtigsten Highlights gehören hochgradige Intersektionen in den Löchern 3TS-24-24 und 3TS-24-27, die 3,82 Meter mit 44,59 g/t Gold und 213,35 g/t Silber, sowie 4,61 Meter mit 12,56 g/t Gold und 85,47 g/t Silber ergeben haben. Das Tommy-Venensystem zeigte in der Tiefe eine Entwicklung von niedriger zu mittlerer Sulfidation, mit erhöhtem Gehalt an Basismetallen.

Das Projekt, das 185 Kilometer südwestlich von Prince George gelegen ist, erstreckt sich über 8.840 Hektar und enthält neunzehn mineralisierte Venen mit Aufschlaglängen von 50m bis über 1.100m.

Positive
  • Significant high-grade gold and silver intersections across multiple drill holes
  • Discovery of one of the widest mineralized zones to date (35.00m) at Tommy Vein System
  • Confirmation of mineralization continuity above and below microdiorite sill
  • New discovery of high-grade base metals indicating multiple mineralization styles
  • Mineralization remains open at depth, suggesting exploration upside
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - January 20, 2025) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company") is pleased to announce assay results from the first phase of the 10,000 metre ("m") winter drill program at its 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and is comprised of seventeen mineral claims covering approximately 8,840 hectares 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 25 m have been identified.

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Figure 1: Tommy Vein System 2025 Drill Collar Locations

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Drill Results

The results from the first five drill holes have been completed and are presented in the table below. Each of these drill holes targeted the Tommy Vein System and were designed to obtain additional data for an 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).

Drill Hole From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
Silver
(g/t)
Copper
(%)
Lead
(%)
Zinc
(%)
3TS-24-23 42.6047.104.504.8344.00---
 including44.6045.100.5018.7898.00---
3TS-24-24 60.1864.003.8244.59213.35---
 including60.6861.180.50108.12504.00---
3TS-24-25 68.00103.0035.002.7825.05---
 including86.5091.334.8317.35150.93---
3TS-24-26 120.00127.477.478.3573.23---
 including125.90126.901.0034.58192---
 and138.00138.870.873.1124.14---
3TS-24-27 105.00106.001.004.00----
 and125.82129.964.14-22.71-6.725.03
 including125.82126.420.60-133.330.4438.6626.55
 and361.39366.004.6112.5685.47---
 including263.50264.501.0024.78159.00---
 and407.50408.731.232.1413.01---
 and423.00429.966.962.7822.41---
 including424.03424.500.4712.34155.32---

 

Highlights of the Tommy Vein Drilling

  • Drills holes 3Ts-24-23 to 3Ts-24-27 confirmed continuity of gold and silver mineralization above the microdiorite sill, and 3TS-24-27 also confirmed gold and silver mineralization below the microdiorite sill;
  • High grade gold and silver values intersected in holes 3TS-24-24 and 3TS-24-27 of 3.82 m of 44.59 g/t gold and 213.35 g/t silver and 4.61 m of 12.56 g/t gold and 85.47 g/t silver respectively;
  • Drill hole 3TS-24-25 intersected one of the widest mineralized zones to date at the Tommy Vein System - 35.00 m of 2.78 g/t gold and 25.05 g/t silver, including 4.83 m of 17.35 g/t gold and 150.93 g/t silver;
  • Drill hole 3TS-24-27 is the deepest hole drilled to date (451 m) at the Tommy Vein System, with mineralization intersected at 423 m - 6.96 m of 2.78 g/t gold and 22.41 g/t silver, including 0.47 m of 12.34 g/t gold and 155.32 g/t silver; mineralization remains open at depth;
  • Multi-phase mineralization was noted in hole 3TS-24-27 with the highest base metals encountered to date (4.14 m containing 22.71 g/t silver, 6.72% lead and 5.03% zinc, including 0.60 m of 133.33 g/t silver, 0.44% copper, 38.66% lead and 26.55% zinc; and
  • The Tommy Vein System is evolving from a low-sulphidation system at higher levels to an intermediate sulphidation at depth; this is observed with an increase in base metal sulphides such as chalcopyrite, galena and sphalerite.

Randy Turner, President & CEO commented "We are very pleased with the initial drill results from the Tommy Vein System at the 3Ts, which are in line with the previous results that we have encountered at the 3Ts Project. The high-grade base metal intersection indicates several possible styles of mineralization previously unknown at the 3Ts Project. We look forward to receiving the remainder of the phase one drill results while the second phase of the winter drill program continues."

AME Roundup-Vancouver

The Company will be attending the AME Roundup Vancouver being held from January 20-23, 2025, at the Vancouver Convention Centre. The Company will be displaying core from the 3Ts Project at the Core Shack on January 20 and 21, 2025 at booth 923. Andy Randell, Chief Geoscientist, will be giving a presentation on the 3Ts Project on Thursday, January 23, 2025, during the BC, Yukon & Alaska session.

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, 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.

Location Data*

  • 3TS-24-23: 363588E 5877044N, 1,198m asl, Azimuth 90°, Dip 45°, end depth 75 m
  • 3TS-24-24: 363673E 5877000N, 1,178m asl, Azimuth 270°, Dip 45°, end depth 75 m
  • 3TS-24-25: 363715E 5876774N, 1,197m asl, Azimuth 270°, Dip 45°, end depth 254 m
  • 3TS-24-26: 363715E 5876774N, 1,197m asl, Azimuth 270°, Dip 65°, end depth 201m
  • 3TS-24-27: 363859E 5876772N, 1,182m asl, Azimuth 270°, Dip 62°, end depth 451 m

*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, 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/237795

FAQ

What are the latest gold and silver grades from IEGCF's 3Ts Project drilling?

The latest drilling revealed 35.00 metres grading 2.78 g/t gold and 25.05 g/t silver in hole 3TS-24-25, including 4.83m of 17.35 g/t gold and 150.93 g/t silver.

How deep is the mineralization at IEGCF's Tommy Vein System?

Drill hole 3TS-24-27, the deepest to date at 451m, intersected mineralization at 423m with 6.96m of 2.78 g/t gold and 22.41 g/t silver.

What are the base metal grades in IEGCF's recent Tommy Vein drilling?

The highest base metal grades were found in hole 3TS-24-27, with 4.14m containing 22.71 g/t silver, 6.72% lead and 5.03% zinc, including 0.60m of 133.33 g/t silver, 0.44% copper, 38.66% lead and 26.55% zinc.

Where is IEGCF's 3Ts Project located and how large is it?

The 3Ts Project is located 185 kilometers southwest of Prince George, British Columbia, covering approximately 8,840 hectares in the Nechako Plateau region.

INDEPENDENCE GOLD CORP

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