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Independence Gold Gold Silver Project 3Ts

The spring drilling program, consisting of 22 holes and totaling 5,130 metres.

Independence Gold Corp. announced assay results from the Ian vein system from the spring drilling program conducted at its 3Ts project.

The 3Ts project is located approximately 185 kilometres (km) southwest of Prince George, British Columbia, and is comprised of seventeen mineral claims covering approximately 8,840 hectares in the Nechako Plateau region of central British Columbia.

It is located 16 km southwest of Artemis Gold Inc.’s Blackwater project and covers a low-sulphidation epithermal quartz carbonate vein district, within which more than a dozen individual mineralized veins have been identified, ranging from 50 metres (m) to over 1,100 m in strike length, with true widths of up to 25 m.

Randy Turner, President and CEO of the Company, commented that “Not only does this drilling indicate high-grade gold-silver intersections, but the Ian vein system appears to be increasing in both width and grade at depth and remains open along strike and at depth, providing us with many targets for future drill programs.”

“We are very pleased with the drilling results from the Ian vein system. We look forward to incorporating the Ian vein system into our current resource model,” he said.

The spring drilling program, consisting of 22 holes and totaling 5,130 m, was designed to test several targets along the Ted-Mint and Tommy vein systems, both near surface and at depth below threshold.

The program also tested early stage exploration targets, including the Ian and Johnny veins, to generate additional drilling data to incorporate into the current resource model.

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, with 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, or 687,156 ounces of AuEq.

The Ian Vein System is a series of parallel quartz and carbonate veins located approximately 240 m west of the Tommy Vein System. Two drill holes were completed during the spring 2024 program to test the Ian Vein System along strike and at a depth below the original “discovery” hole (3TS-23-29) which intersected 6.10 g/t gold and 66.05 g/t silver over 6.98 m.

Drill hole 3TS-24-13 was drilled approximately 40 m northeast of drill hole 3TS-23-29 and drill hole 3TS-24-14 was designed to test the Ian vein at a depth below drill hole 3TS-23-29. A sample from drill hole 3TS-24-14 returned 131 g/t gold, which is the highest gold assay since work commenced at 3TS in 1995. The main Ian vein system has now been traced laterally for approximately 160 m and to 115 m below surface and remains open along strike and at depth.

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