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Independence Gold Intersects Gold Mineralization on Boulevard, Yukon

VANCOUVER, British Columbia, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Independence Gold Corp. (TSX.V:IGO) ("Independence" or "the Company") is pleased to announce dril

articleIndependence Gold Corp.December 18, 20175/company/independence-gold-corp/news/independence-gold-intersects-gold-mineralization-on-boulevard-yukon
Independence Gold Intersects Gold Mineralization on Boulevard, Yukon

About this update from Independence Gold Corp.

[{"type":"text","content":"VANCOUVER, British Columbia, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Independence Gold Corp. (TSX.V:IGO) (\"Independence\" or \"the Company\") is pleased to announce drill results from the remaining five diamond drill holes completed this summer on the Company’s 100% owned Boulevard Project. Boulevard is contiguous to Goldcorp Inc’s Coffee Gold Deposit in the White Gold District, Yukon. The best intercept in these five holes is 2.58 grams per tonne (“g/t”) gold over 4.3 metres (“m”) including 5.02 g/t gold over 1.4 m.  The 1.4 m sample exhibited a nugget effect resulting in 42.7 g/t gold in the coarse fraction (30.6 g) of a 1,040.3 g sample. A total of 977.5 m of diamond drilling was completed in 9 holes within the Sunrise/Sunset Zone, located 8.5 kilometres (“km”) southwest of the Coffee deposit.  Drilling focused primarily on the intersection of the Sunrise and Sunset geochemical trends.  Significant intercepts from this year’s diamond drilling program are presented in the table below.  A table of all 2017 drill results and a map showing the drill hole locations is posted on the Company’s website. Drill hole   From (m)   To (m)   Length (m)   Au (g/t) byFire Assay   Au (g/t) byScreen Metallics(Coarse Fraction>106 microns) Au (g/t) byScreen Metallics(Fine Fraction<106 microns) Au (g/t) byScreen Metallics(WeightedAverage) BV17-59 52.00 60.00 8.00 0.49 - - - BV17-63 34.00 34.68 0.68 4.43 1.7 3.81 3.8 BV17-63 79.65 87.50 7.85 0.45 - - - Incl. 79.65 84.25 4.60 0.62 - - - BV17-64 35.70 39.00 3.30 1.38       Incl. 35.70 36.85 1.15 3.30 3.3 3.35 3.4 BV17-64 65.35 65.50 0.15 1.59 19.2 0.68 1.2 BV17-65 14.50 20.30 4.30 2.58 - - - Incl. 16.00 17.40 1.40 5.02 42.7 2.01 3.2 Incl. 17.90 19.20 1.30 2.35 8.1 2.66 2.3 BV17-65 129.00 129.50 0.50 2.27 4.7 1.62 1.7 BV17-66 77.15 77.50 0.35 2.69 1.8 2.76 2.7 BV17-67 19.25 20.85 1.60 1.39 1.0 1.26 1.2 Length represents the apparent thickness of the mineralization and should not be considered as the true width Gold mineralization exhibited a nugget effect and thus all samples from this program with fire assay results greater than 1 g/t gold have been further analysed by screen metallics to determine the amount of gold in the coarse verses fine (greater or less than 106 microns) fractions of each sample. Drill hole BV17-59, 64 and 65 were de...

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