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Independence Gold Intersects 11.50 Metres Grading 7.72 g/t Gold and 172.85 g/t Silver from the Tommy Vein at the 3Ts Project, BC
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Independence Gold Corp. (TSXV: IG...
About this update from Independence Gold Corp.
[{"type":"text","content":"Independence Gold Intersects 11.50 Metres Grading 7.72 g/t Gold and 172.85 g/t Silver from the Tommy Vein at the 3Ts Project, BCVancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the \"Company\" or \"Independence\") is pleased to announce additional assay results from its recently completed 4,000 metre (\"m\") winter drill program at its 100% owned 3Ts Project, located approximately 185 kilometres (\"km\") southwest of Prince George, British Columbia and situated 16 km southwest of Artemis Gold Inc.'s Blackwater Project.The winter drill program was designed to test exploration targets outside of the known Tommy vein system, as well as to infill significant gaps within historical drilling of the Tommy vein system which were highlighted in the 2022 resource model. The combined in-pit and underground components of the Tommy and Ted-Mint vein systems contain a total inferred resource estimate of 4,469,297 tonnes grading 3.64 grams per tonne (\"g/t\") gold and 96.26 g/t silver, at a cut-off grade of 0.4 g/t gold equivalent (\"AuEq\") in-pit and 2.0 g/t AuEq underground, containing 522,330 ounces of gold and 13,831,415 ounces of silver (see news release dated August 18th 2022).Drill holes 3TS-23-07, 3TS-23-08 and 3TS-23-10 targeted the central section Tommy vein within its currently known 1,075m strike length, and within the pit shell modelled by SGS Geological Services (\"SGS\"). A total of 13 drill holes were selected to target the pit in this current program in order to increase the resource model. These three holes were collared at 50m spacing along a north-south line. 3TS-23-13 was collared 130m south-southeast from 3TS-23-10 and tested for the continuity of the southern extension of the vein. The Tommy vein system remains open along strike and at depth.Please refer to the website for a map showing the veins and drill hole locations.Drill HoleHost RockFrom(m)To(m)DrillIntercept(m)*Gold(g/t)Silver(g/t)3TS-23-07Quartz Veins, Rhyolite Breccia62.5072.5010.004.6973.70including70.0072.002.0011.3494.003TS-23-08Quartz Veins, Rhyolite Breccia59.9062.903.006.3539.33and70.0071.001.001.53-3TS-23-10Quartz Veins,Rhyolite Breccia56.0071.0015.006.3294.07Including67.5069.001.5026.36274.673TS-23-13Quartz Veins,Rhyolite Breccia128.50140.0011.507.72172.85including134.50137.503.0016.6323...