Vancouver, British Columbia--(Newsfile Corp. - June 29, 2026) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (FSE: 625) (the "Company") is pleased to announce the discovery of a new gold-silver vein system at the Balrog Target, located within its wholly-owned 3Ts Gold and Silver Project in central British Columbia. Situated approximately 185 kilometres southwest of Prince George, British Columbia, the 3Ts Project comprises thirty-one mineral claims covering approximately 35,486 hectares in the Nechako Plateau region. The project lies 16 km southwest of Artemis Gold Inc.'s Blackwater Mine and hosts a low-sulphidation epithermal quartz-carbonate vein district within which at least twenty known mineralized veins, ranging from 50 to over 1,100 metres in strike length and true widths up to 32 metres, have been identified, twelve of which remain untested by drilling.
Highlights:
New gold-silver vein discovery at the Balrog Target
Discovery hole 3TS-26-03 intersected:
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10.62 metres grading 2.23 g/t gold and 38.14 g/t silver
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Including 1.75 metres grading 6.45 g/t gold and 114.86 g/t silver
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Hole 3TS-26-18 intersected:
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3.33 metres grading 4.38 g/t gold and 42.17 g/t silver
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Including 0.42 metres grading 22.98 g/t gold and 190.48 g/t silver
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Follow-up drilling has confirmed continuity over approximately 100 metres strike length, with mineralization remaining open along strike and at depth
Balrog is located approximately 200 metres west of the Johnny Vein (52.46m grading 2.51 grams per tonne ("g/t") gold and 19.73 g/t silver (see news release dated July 31, 2025), previously the westernmost known mineralized vein within the 3Ts district
This discovery demonstrates the potential to expand the known mineralized footprint of the district and may contribute to future resource growth
This discovery validates a new exploration model based on arcuate and radial structural features interpreted from airborne geophysics
Additional targets generated by the model are currently being drill tested, with results pending
The Balrog discovery represents the first successful test of a new district-scale structural model developed from the Company's 2025 airborne geophysical survey conducted by Precision GeoSurveys. The discovery is significant as the target has no surface exposure, is concealed beneath approximately 30 metres of till cover, and was identified entirely through the integration of geophysics, structural interpretation, and geological modelling and represents an important expansion of the known mineralized footprint of the district.