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Independence Gold Intersects 30.10 Metres Grading 4.99 g/t Gold and 53.3 g/t Silver from the Tommy Vein at the 3Ts Project, BC
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2022) - Independence Gold Corp. (TSXV:...
About this update from Independence Gold Corp.
[{"type":"text","content":"Independence Gold Intersects 30.10 Metres Grading 4.99 g/t Gold and 53.3 g/t Silver from the Tommy Vein at the 3Ts Project, BCVancouver, British Columbia--(Newsfile Corp. - June 6, 2022) - Independence Gold Corp. (TSXV:  IGO) (OTCQB: IEGCF) (the \"Company\") is pleased to announce the first assay results from its 4,200 metre (\"m\") winter drill program, (completed in April 2022) at its 100% owned 3Ts Project, located approximately 185 kilometres (\"km\") southwest of Prince George, British Columbia and situated 20 km southwest of Artemis Gold Inc.'s Blackwater Project. The winter drill program was designed to infill significant gaps within historical drilling of the Tommy and Ted-Mint vein systems, but also test new targets identified during the 2021 exploration and geophysical programs. Core samples were collected over a broader range of host rocks to test for the potential of lower grade mineralization occurring around the veins. A National Instrument 43-101 compliant inferred resource estimate has been calculated for the Tommy and Ted-Mint Veins, using a 1 gram per tonne (\"g/t\") gold (\"Au\") cutoff grade, with the total inferred resource for these three veins of 5,452,000 tonnes grading 2.52 g/t Au and 71.5 g/t silver (\"Ag\") for 441,000 contained ounces of Au and 12,540,000 contained ounces of Ag (see news release dated May 6, 2014). All data from this drill program and those since 2014 will be included in a resource update expected during the summer of 2022. Drill holes 3TS-22-11, 3TS-22-12, 3TS-22-13, 3TS-22-16, and 3TS-22-17 all targeted the Tommy veins, an area with several large north-south striking epithermal quartz veins that have been identified on surface over a 900 m strike length by 300 m width and remains open in all directions, including at depth. The first three holes (3TS-22-11 to 3TS-22-13) were designed to test the core of the system, mineralization occurring in the veins and stockwork zones, as well as testing for mineralization continuing below the microdiorite sill that bisects the veins. Holes 3TS-22-16 and 3TS-22-17 were significant step out holes 275 m south from the first three, designed to test the potential southerly extent of the Tommy veins. Hole 3TS-22-17 did not intercept any mineralization, which could indicate a southern structural boundary of the Tommy veins. Please refer to the web...