Independence Gold Corp Stock Price, News & Analysis

Independence Gold Corp. (TSXV: IGO) has expanded its winter drill program at the 3Ts Project from 10,000 metres to 13,000 metres due to ongoing success. The project, located 185 kilometers southwest of Prince George, British Columbia, spans approximately 35,486 hectares across thirty-one mineral claims in the Nechako Plateau region.

The property, situated 16 km southwest of Artemis Gold's Blackwater Mine, features a low-sulphidation epithermal quartz-carbonate vein district containing nineteen mineralized veins. These veins range from 50m to over 1,100m in strike length, with true widths up to 32m.

The company has already completed about 10,000m of diamond drilling across multiple targets, including the newly discovered Johnny and Larry Veins, along with resource drilling on the Tommy and Ted-Mint Vein Systems. The program expansion will enable additional follow-up drilling on key mineralized zones identified, with assay results pending.

Independence Gold Corp. (TSXV: IGO) has announced a significant expansion of its 3Ts Project in central British Columbia through the acquisition of seventeen additional mineral claims. The new claims cover 28,100 hectares, bringing the total project area to approximately 35,486 hectares across thirty-one claims.

The expanded 3Ts Project, located 185 kilometers southwest of Prince George and 16 km southwest of Artemis Gold's Blackwater Mine, encompasses a low-sulphidation epithermal quartz-carbonate vein district. The project features nineteen mineralized veins with strike lengths ranging from 50m to over 1,100m and true widths up to 32m.

The newly acquired claims contain Middle Jurassic Hazelton Group rocks, matching the geological setting of existing mineralized veins. Historical data shows anomalous concentrations of gold, silver, copper, lead, and zinc in sediment samples. The company plans to conduct summer exploration including airborne geophysics, detailed mapping, and prospecting to identify high-priority targets.

Independence Gold Corp. (TSXV: IGO) has announced a significant discovery of high-grade gold and silver mineralization at the Larry Vein System within its 3Ts Project in central British Columbia. The project, located 185 km southwest of Prince George and 16 km southwest of Artemis Gold's Blackwater Mine, spans 8,840 hectares.

Key findings include:

• Drill hole 3TS-25-07 revealed two veins with mineralized breccia, yielding 19.40m grading 5.58 g/t gold and 73.76 g/t silver, and 15.00m grading 3.01 g/t gold and 25.20 g/t silver
• Drill hole 3TS-25-09 returned 8.0m at 5.89 g/t gold and 25.13 g/t silver

The Larry Vein, previously overlooked due to thick overburden, has an estimated strike length of 325m and remains open to expansion. The company plans to include these results in an updated resource model scheduled for Q2 2025.

Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF) has announced significant drill results from its 3Ts Project in central British Columbia. The project, located 185km southwest of Prince George and 16km southwest of Artemis Gold's Blackwater Mine, covers approximately 8,840 hectares.

Key highlights include:

• Johnny Vein: Drill hole 3TS-25-05 yielded 4.04 g/t gold and 40.90 g/t silver over 77.00 metres (true width ~32.00m)
• Ted-Mint Vein: Drill hole 3TS-24-28 returned 5.59 g/t gold and 86.17 g/t silver over 29.51 metres (true width 15.00m)

The company has completed 8,700m of the planned 10,000m drilling program. The Johnny Vein, situated 600m west of the Tommy Vein System, has a defined strike length of 265m. Both vein systems remain open along strike and at depth. A resource update is expected in Q2 2025.

Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) has appointed Brian Booth as Senior Technical Advisor. Booth brings over 40 years of mineral exploration, development, and capital markets experience, including 23 years at Inco in various management positions.

Booth's notable achievements include leading Element 29 Resources and Pembrook Mining Corp., serving as Chair of Claude Resources during its C$337 million acquisition by Silver Standard Resources, and leading Lake Shore Gold Corp. during the development of Timmins West-Thunder Creek gold deposits, which was later acquired by Tahoe Resources for C$751 million. He is also credited with discovering the Douay West gold deposit in Quebec.

The company has granted Booth 300,000 incentive stock options, exercisable at $0.25 per share over three years.

Independence Gold Corp. (IEGCF) has announced significant drill results from its 3Ts Project in British Columbia. The first phase of the 10,000-metre winter drill program revealed notable intersections, including 35.00 metres grading 2.78 g/t gold and 25.05 g/t silver in drill hole 3TS-24-25.

Key highlights include high-grade intersections in holes 3TS-24-24 and 3TS-24-27, yielding 3.82 metres of 44.59 g/t gold and 213.35 g/t silver, and 4.61 metres of 12.56 g/t gold and 85.47 g/t silver respectively. The Tommy Vein System showed evolution from low-sulphidation to intermediate sulphidation at depth, with increased base metal content.

The project, located 185 kilometers southwest of Prince George, spans 8,840 hectares and contains nineteen mineralized veins with strike lengths from 50m to over 1,100m.

Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF) has resumed the second phase of its 10,000-metre winter drill program at the 3Ts Project in British Columbia. The project, located 185 km southwest of Prince George and 16 km southwest of Artemis Gold's Blackwater Mine, covers 8,840 hectares containing nineteen mineralized veins.

In the first phase, twelve drill holes totaling 3,222m were completed, with ten holes focusing on the Ted-Mint and Tommy vein systems for resource model updates, and two holes testing the Ian vein system and Alf vein. The second phase will comprise approximately 6,700m, targeting Ian, Johnny, Ootsa, and Balrog areas.

The company recently received $2,335,040 from the exercise of 19,458,668 warrants from December 2022 financing. Additionally, they closed two private placements in Q4 2024, raising $8,650,000. The company has also granted 3,000,000 stock options to directors, officers, employees, and consultants, exercisable at $0.25 per share for three years.

Independence Gold Corp (TSXV: IGO) (OTCQB: IEGCF) has provided an update on its winter drilling program at the 3Ts Project in British Columbia. The project, located 185 km southwest of Prince George and 16 km southwest of Artemis Gold's Blackwater Mine, spans 8,840 hectares across seventeen mineral claims.

To date, twelve drill holes totaling 3,222m have been completed, with ten holes focusing on the Ted-Mint and Tommy vein systems for resource model updates. Two additional holes tested the Ian vein system's depth continuation and initiated exploration of the Alf veins. The project contains over nineteen mineralized veins, ranging from 50m to 1,100m in strike length with true widths up to 25m.

The drill core has been sent to SGS Labs for analysis. Operations will resume in early January 2025 as part of an expanded 10,000m drill program scheduled through spring 2025.

Independence Gold Corp. has announced the discovery of several new veins at its 100% owned 3Ts Project in British Columbia. The project, located 185km southwest of Prince George and 16km southwest of the Blackwater Mine, covers a low-sulphidation epithermal quartz-carbonate vein district. Key discoveries include: the Ootsa Target with samples up to 2.69% copper and 189 g/t silver; the Cardiff Vein yielding 71.30 g/t gold and 178 g/t silver; the Dixie Vein System showing 7.71 g/t gold and 61 g/t silver; and the Daisy Vein returning 4.82 g/t gold and 6 g/t silver. These new veins are currently being tested in an ongoing drill campaign.