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Independence Gold Announces New Discovery at the Larry Vein System of 19.40m Grading 5.58 g/t Gold and 73.76 g/t Silver at the 3Ts Project, BC
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2025) - Independence Gold Corp. (TSXV: I...
About this update from Independence Gold Corp.
[{"type":"text","content":"Independence Gold Announces New Discovery at the Larry Vein System of 19.40m Grading 5.58 g/t Gold and 73.76 g/t Silver at the 3Ts Project, BCVancouver, British Columbia--(Newsfile Corp. - March 26, 2025) - Independence Gold Corp. (TSXV: IGO) (\"Independence Gold\" or the \"Company\") is pleased to announce the discovery of high-grade gold and silver mineralization at the Larry Vein System at its 3Ts Project in central British Columbia. 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 32 m have been identified.Key Highlights:Drill hole 3TS-25-07 intersected a system of two veins with mineralized breccia below the microdiorite sill, returning 19.40 m grading 5.58 grams per tonne (\"g/t\") gold and 73.76 g/t silver, and 15.00 m grading 3.01 g/t gold and 25.20 g/t silver. True widths are estimated to be 11.00 m and 8.5 m respectively with the intercept occurring 210 m east of the Tommy Vein System.Drill hole 3TS-25-09 returned 8.0 m at 5.89 g/t gold and 25.13 g/t silver above the microdiorite sill, with a true width of 4.75 m. This intercept was 145 m east of the Tommy Vein System.Compilation of historical data has provided sufficient information to directly target the Larry Vein for the first time, with the strike length estimated to be approximately 325 m remaining open to the northwest, southeast and at depth.Additional assay results from the Larry Vein are pending.Potential of the Larry VeinThe Larry Vein, located east of the Tommy Vein System, was loosely defined by shallow historical drill intercepts from the 1990s to early 2000s. Due to thick overburden, no surface exposure of the Larry Vein has ever been observed. These latest drill results confirm the presence of a significant vein system, demonstrating that the Larry Vein has been largely overlooked in historical work. The high-grade gold and silver values returned from 3TS-25-09, combined w...