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Independence Gold Intersects 5.50 Metres Grading 3.17 g/t Gold and 85.64 g/t Silver and Discovers Copper Mineralization at the 3Ts Project, BC
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2023) - Independence Gold Corp. (TSXV:...
About this update from Independence Gold Corp.
[{"type":"text","content":"Independence Gold Intersects 5.50 Metres Grading 3.17 g/t Gold and 85.64 g/t Silver and Discovers Copper Mineralization at the 3Ts Project, BCVancouver, British Columbia--(Newsfile Corp. - August 10, 2023) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the \"Company\" or \"Independence\") is pleased to announce additional assay results from the recent 4,000 metre (\"m\") 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. Please see the website for previous drill results.The objective of this drill program was to target areas of the Tommy Vein System where little historical information was available for the updated resource model which was completed in August 2022. This updated resource combined in-pit and underground components of the Tommy and Ted-Mint vein systems contain a total inferred resource estimate of 4,470,000 tonnes grading 3.64 grams per tonne (\"g/t\") gold and 96.26 g/t silver, at a cutoff grade of 0.4 g/t gold equivalent (\"AuEq\") in-pit and 2.0 g/t AuEq underground, containing 522,000 ounces of gold and 13,800,000 ounces of silver (please see the news release dated August 18, 2022 for further details). The drill program was also successful in discovering the Johnny and Ian Vein Systems that were previously untested.The results from additional infill and step-out holes have demonstrated proven continuity of the Tommy Vein System with variable width and grades drilled over a strike length of approximately 1,100 m. The vein system remains open along strike and at depth. These drill holes were designed to provide additional data of mineralized grades and widths for a future updated resource model. This drill program not only extended the strike length of the Tommy Vein System, but also discovered high-grade, vein-hosted mineralization more than 240 m and 575 m west of Tommy with the discovery of the Ian and Johnny Vein Systems, respectively. The Tommy, Ian, and Johnny Vein Systems, as well as the Ted-Mint Vein Systems, all remain 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-23-09Quartz Veins, Rhyoli...