STOCK TITAN

Independence Gold Provides an Update on the Winter Drill Program at the 3Ts Project, BC

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

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 (TSXV: IGO) (OTCQB: IEGCF) ha fornito un aggiornamento sul suo programma di perforazione invernale presso il 3Ts Project nella Columbia Britannica. Il progetto, situato a 185 km a sud-ovest di Prince George e 16 km a sud-ovest della miniera Blackwater di Artemis Gold, si estende su 8.840 ettari distribuiti su diciassette concessioni minerarie.

Fino ad oggi, sono stati completati dodici fori di perforazione per un totale di 3.222m, con dieci fori focalizzati sui sistemi vein Ted-Mint e Tommy per aggiornamenti del modello di risorsa. Altri due fori hanno testato la continuazione in profondità del sistema vein Ian e avviato l'esplorazione dei vein Alf. Il progetto contiene oltre diciannove vene mineralizzate, che variano da 50m a 1.100m di lunghezza di strike con larghezze vere fino a 25m.

Il campione di perforazione è stato inviato ai laboratori SGS per l'analisi. Le operazioni riprenderanno all'inizio di gennaio 2025 come parte di un ampliato programma di perforazione di 10.000m programmato fino alla primavera del 2025.

Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF) ha proporcionado una actualización sobre su programa de perforación invernal en el 3Ts Project en Columbia Británica. 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 8,840 hectáreas distribuidas en diecisiete concesiones mineras.

Hasta la fecha, se han completado doce agujeros de perforación que totalizan 3,222m, con diez agujeros centrados en los sistemas de venas Ted-Mint y Tommy para actualizaciones del modelo de recursos. Otros dos agujeros revisaron la continuación en profundidad del sistema de venas Ian e iniciaron la exploración de las venas Alf. El proyecto contiene más de diecinueve venas mineralizadas, que varían de 50m a 1,100m de longitud y con anchos verdaderos de hasta 25m.

Los núcleos de perforación han sido enviados a SGS Labs para análisis. Las operaciones se reanudarán a principios de enero de 2025 como parte de un programa de perforación ampliado de 10,000m programado hasta la primavera de 2025.

Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF)는 브리티시 컬럼비아의 3Ts Project에서 겨울 시추 프로그램에 대한 업데이트를 제공했습니다. 이 프로젝트는 프린스 조지에서 남서쪽으로 185km, 아르테미스 골드의 블랙워터 광산에서 남서쪽으로 16km 떨어진 곳에 위치하며, 열일곱 개의 광물 청구권에 걸쳐 8,840헥타르에 걸쳐 있습니다.

현재까지 총 3,222m의 12개 시추 구멍이 완료되었으며, 그중 10개 구멍은 자원 모델 업데이트를 위한 테드-민트 및 토미 광맥 시스템에 중점을 두었습니다. 추가로 두 개의 구멍은 이안 광맥 시스템의 깊이 연속성을 테스트하고 알프 광맥의 탐사를 시작했습니다. 이 프로젝트는 50m에서 1,100m까지의 길이를 가진 19개 이상의 광물화된 광맥을 포함하고 있으며, 실제 너비는 최대 25m입니다.

시추 코어는 SGS 랩으로 분석을 위해 발송되었습니다. 작업은 2025년 1월 초에 10,000m 시추 프로그램을 일환으로 재개될 예정이며, 2025년 봄까지 계속될 예정입니다.

Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF) a fourni une mise à jour sur son programme de forage hivernal au sein du 3Ts Project en Colombie-Britannique. 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, couvre 8 840 hectares répartis sur dix-sept concessions minières.

À ce jour, douze trous de forage totalisant 3 222 m ont été réalisés, dont dix trous se concentrant sur les systèmes de veine Ted-Mint et Tommy pour des mises à jour du modèle de ressources. Deux trous supplémentaires ont testé la continuité en profondeur du système de veine Ian et ont initié l'exploration des veines Alf. Le projet contient plus de dix-neuf veines minéralisées, allant de 50 m à 1 100 m de longueur de filon avec des largeurs réelles allant jusqu'à 25 m.

Le carottage a été envoyé aux laboratoires SGS pour analyse. Les opérations reprendront début janvier 2025 dans le cadre d'un programme de forage élargi de 10 000 m prévu jusqu'au printemps 2025.

Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF) hat ein Update zu ihrem Winterbohrprogramm im 3Ts Project in British Columbia bereitgestellt. Das Projekt, das 185 km südwestlich von Prince George und 16 km südwestlich von Artemis Golds Blackwater Mine liegt, umfasst 8.840 Hektar, die sich über siebzehn Mineralkonzessionen erstrecken.

Bis heute wurden zwölf Bohrlöcher mit insgesamt 3.222 m abgeschlossen, wobei sich zehn Löcher auf die Ted-Mint- und Tommy-Vein-Systeme konzentrierten, um die Ressourcenschätzungen zu aktualisieren. Zwei zusätzliche Löcher testeten die Tiefenfortsetzung des Ian-Vein-Systems und begannen mit der Erkundung der Alf-Venen. Das Projekt enthält über neunzehn mineralisierte Venen, die von 50 m bis 1.100 m in Strike-Länge reichen und wahre Breiten von bis zu 25 m aufweisen.

Der Bohrkern wurde zur Analyse an SGS Labs gesendet. Die Arbeiten werden Anfang Januar 2025 im Rahmen eines erweiterten 10.000 m Bohrprogramms fortgesetzt, das bis zum Frühjahr 2025 vorgesehen ist.

Positive
  • Expanded drilling program of 10,000m planned through spring 2025
  • Project contains 19+ mineralized veins with significant strike lengths up to 1,100m
  • Strategic location near Artemis Gold's Blackwater Mine
  • 100% ownership of the project
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company" or "Independence") is pleased to provide an update on the winter drilling program currently underway 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 more than nineteen individual mineralized veins, ranging from 50 metres ("m") to more than 1,100 m in strike length and with true widths up to 25 m have been identified.

To date, twelve drill holes have been completed for a total of 3,222m. Ten of the drill holes have focused on the Ted-Mint and Tommy vein systems to obtain additional information for an updated resource model. The remaining two holes included the testing of the continuation of the Ian vein system at depth, and the first exploration drilling of the Alf veins.

Drill core from the completed drill holes has been logged and sent to SGS Labs for analysis. The exploration camp is currently under care and maintenance for the holiday break and operations will resume in early January 2025 with the expanded 10,000m drill program. The drill program is scheduled to run through the winter and into spring 2025.

Please refer to the website for a map showing the veins and sample locations.

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.

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/234244

FAQ

What is the current status of Independence Gold's (IEGCF) winter drilling program at 3Ts Project?

Independence Gold has completed twelve drill holes totaling 3,222m, with ten holes focusing on Ted-Mint and Tommy vein systems and two holes testing the Ian vein system and Alf veins.

How many meters will IEGCF drill in their expanded 2025 program at 3Ts Project?

Independence Gold plans to complete an expanded 10,000m drill program running through winter and into spring 2025.

What is the size and location of Independence Gold's (IEGCF) 3Ts Project?

The 3Ts Project covers approximately 8,840 hectares across seventeen mineral claims, located 185 kilometers southwest of Prince George, BC, and 16 km southwest of Artemis Gold's Blackwater Mine.

What are the dimensions of the mineralized veins at IEGCF's 3Ts Project?

The project contains more than nineteen mineralized veins, ranging from 50 meters to over 1,100 meters in strike length, with true widths up to 25 meters.

INDEPENDENCE GOLD CORP

OTC:IEGCF

IEGCF Rankings

IEGCF Latest News

IEGCF Stock Data

34.75M
209.08M
3.43%
0.01%
Gold
Basic Materials
Link
United States of America
Vancouver