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Independence Gold Intersects 27.43 Metres of 3.48 g/t Gold and 325 g/t Silver in the Mint Vein System at the 3Ts Project, BC
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - Independence Gold Corp. (TSXV...
About this update from Independence Gold Corp.
[{"type":"text","content":"Independence Gold Intersects 27.43 Metres of 3.48 g/t Gold and 325 g/t Silver in the Mint Vein System at the 3Ts Project, BCVancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the \"Company\" or \"Independence\") is pleased to announce the first assay results from drilling carried out on the Mint Vein System at its 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres (\"km\") southwest of Prince George, British Columbia and situated 16 km southwest of Artemis Gold Inc.'s Blackwater Project.The Mint Vein System is situated in the center of the 3Ts Project striking north-south for approximately one kilometre. The vein system has been tested under previous drill programs with results having contributed to the 2022 inferred resource (see news release dated August 18th, 2022) along with the Ted and Tommy vein systems. 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.Drilling at the Mint Vein System was designed to test key areas for additional assay data for a future update of the inferred resource. Drill hole 3TS-23-38 intersected 27.43 metres (\"m\") of mineralized quartz vein between 109.00m to 136.43m grading 3.48 g/t gold and 325.96 g/t silver. Additionally, 3TS-23-41, which was drilled 150m north of 3TS-23-38, intersected 15.00m of mineralization between 73.00m and 88.00m grading 4.29 g/t gold and 60.40 g/t silver. 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)Post Recovery Gold Equivalent***3TS-23-38Quartz Veins, Rhyolite Breccia109.00136.4327.433.48325.966.52including117.37118.000.638.29-8.12and including123.50130.507.509.531,050.5315.403TS-23-41Quartz Veins, Rhyolite Breccia73.0088.0015.004.2960.404.78including79.0082.003.0018.81195.0020.28and112.00113.001.000.6459.001.19 *the true widths of the veins are approximately 85% of the reported interval width**Using a cut-off grade of 0.4 g/t gold as per the r...