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Independence Gold Intersects 11.50 Metres Grading 8.82 g/t Gold and 78.26 g/t Silver from the Tommy Vein System at the 3Ts Project, BC
Vancouver, British Columbia--(Newsfile Corp. - May 24, 2023) - Independence Gold Corp. (TSXV: IG...
About this update from Independence Gold Corp.
[{"type":"text","content":"Independence Gold Intersects 11.50 Metres Grading 8.82 g/t Gold and 78.26 g/t Silver from the Tommy Vein System at the 3Ts Project, BCVancouver, British Columbia--(Newsfile Corp. - May 24, 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 focus on testing the northern and southern extensions of the Tommy vein system, as well as infill drilling of significant gaps within the 2022 resource model of the Tommy and Ted-Mint vein systems 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 August 18th, 2022).Drill hole 3TS-23-12 targeted the central section of the Tommy vein system within the known 1,075m strike length, and within the pit shell modelled by SGS Geological Services (\"SGS\"). Hole 3TS-23-15 was designed to target the southern extension of the Tommy vein system and is the most southernly mineralized hole drilled to date. 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)Gold Equivalent**3TS-23-12Quartz Veins, Rhyolite Breccia73.5080.507.007.78130.869.34including78.5080.001.5017.69175.3319.78and119.00120.001.003.705.003.763TS-23-15Quartz Veins, Rhyolite Breccia176.00187.5011.508.8278.269.75including181.00182.001.0020.80172.0022.85      *the true widths of the veins are approximately 85% of the reported interval width     ** AuEq assumes Au $1,975 USD/Oz, Ag $23.50 $USD/Oz and utilizes formula AuEq = (Ag(g/t)*($Ag/$Au))+Au(g/t)Hole 3TS-23-12 also ...