Announcement Date: 2022-06-06
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Independence Gold Corp.
Project name: A1 Gold Mine
Location: Canada
Commodities: Gold,Silver
Highlight: Drilling results incl. 30.1m @ 4.99g/t Au, 53.5g/t Ag from 68.15m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, B.C. (June 6, 2022) – Independence Gold Corp. (TSX.V: IGO)(OTCQB: IEGCF) (the “Company”) is pleased to announce the first assay results from its 4,200 metre (“m”) winter drill program, (completed in April 2022) at its 100% owned 3Ts Project, located approximately 185 kilometres (“km”) southwest of Prince George, British Columbia and situated 20 km southwest of Artemis Gold Inc.’s Blackwater Project. The winter drill program was designed to infill significant gaps within historical drilling of the Tommy and Ted-Mint vein systems, but also test new targets identified during the 2021 exploration and geophysical programs. Core samples were collected over a broader range of host rocks to test for the potential of lower grade mineralization occurring around the veins. A National Instrument 43-101 compliant inferred resource estimate has been calculated for the Tommy and Ted-Mint Veins, using a 1 gram per tonne (“g/t”) gold (“Au”) cutoff grade, with the total inferred resource for these three veins of 5,452,000 tonnes grading 2.52 g/t Au and 71.5 g/t silver (“Ag”) for 441,000 contained ounces of Au and 12,540,000 contained ounces of Ag (see news release dated May 6, 2014). All data from this drill program and those since 2014 will be included in a resource update expected during the summer of 2022.
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