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Independence Gold Announces Initial Results from Summer Drill Program at Boulevard Project
VANCOUVER, British Columbia, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Independence Gold Corp. (TSX.V:IGO) ("Independence" or "the Company") is pleased to announce dril
About this update from Independence Gold Corp.
[{"type":"text","content":"VANCOUVER, British Columbia, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Independence Gold Corp. (TSX.V:IGO) (\"Independence\" or \"the Company\") is pleased to announce drill results from four of nine diamond drill holes completed this summer on the Company’s 100% owned Boulevard Project, contiguous to Goldcorp Inc’s Coffee Gold Deposit in the White Gold District, Yukon. The best intercept in these four holes is 3.10 grams per tonne (“g/t”) gold over 1.5 metres (“m”) including 76.2 g/t gold in the coarse fraction (24.1 g) of a 875 grams (“g”) sample over the same interval. A total of 977.5 m of diamond drilling was completed in 9 holes within the Sunrise/Sunset Zone, located 8.5 kilometres (“km”) southwest of the Coffee deposit. Drilling focused primarily on the intersection of the Sunrise and Sunset trends which have been identified as multi-element soil geochemical anomalies and were confirmed by reverse circulation (“RC”) drilling in previous years. Significant intercepts from this year’s diamond drilling program are presented in the table below. A table of all 2017 drill results and a map showing the drill hole locations is posted on the Company’s website. Drill hole From (m) To (m) Length (m) Au (g/t) byFire Assay Au (g/t) byScreen Metallics(Coarse Fraction>106 microns) Au (g/t) byScreen Metallics(Fine Fraction<106 microns) BV17-58 53.5 55.0 1.5 3.10* 76.20 1.01 And 91.5 95.0 3.5 0.40 - - BV17-60 13.0 17.5 4.5 2.97* 14.03 2.56 BV17-61 81.0 88.0 7.0 0.47 - - BV17-62 41.0 42.0 1.0 0.61 - - And 92.0 99.0 7.0 0.10 - - Length represents the apparent thickness of the mineralization and should not be considered as the true width*Fire Assay by Screen Metallic – weighted average of the coarse and fine fractions of the Screen Metallic analysis Samples from this year’s program have exhibited a nugget effect in the gold mineralization. Therefore, all samples from this program with fire assay results greater than 1 g/t gold have been further analysed by screen metallics to determine the amount of gold in the coarse fraction (greater than 106 microns) and the amount of gold in the fine fraction (less than 106 microns). Drill holes BV17-58 and 62 were follow-up drill holes to RC hole BV16-54 which intersected 1.58 g/t gold over 39.6 m including 7.73 g/t gold over 6.1 m. BV17-58 and 62 both ended in minimally anomalous...