Independence Gold Expands 3Ts Project with Strategic Mineral Claims Acquisition

Rhea-AI Summary

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.

Positive

• Significant land expansion with 28,100 hectares of new claims
• New claims show promising geological similarities to existing mineralized areas
• Historical data indicates presence of multiple valuable minerals (gold, silver, copper, lead, zinc)
• Strategic location near established mining operations

Negative

• Exploration results and economic viability yet to be proven
• Additional exploration expenses required for summer program

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - Independence Gold Corp. (TSXV: IGO) ("Independence Gold" or the "Company") is pleased to announce the acquisition of seventeen additional mineral claims covering an area of 28,100 hectares ("ha"), significantly expanding its 3Ts Project ("3Ts") in central British Columbia. The 3Ts Project is located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and is now comprised of thirty-one mineral claims covering approximately 35,486 ha in the Nechako Plateau region of central British Columbia. The project is situated 16 km southwest of Artemis Gold Inc.'s Blackwater Mine and covers a low-sulphidation epithermal quartz- carbonate vein district within which nineteen individual mineralized veins, ranging from 50 m to more than 1,100 m in strike length and with true widths up to 32 m have been identified.

Figure 1: 3Ts Property Outline and Targets

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8610/246572_20250331_igo_3ts_staking.png

The newly acquired claims encompass ground underlain by Middle Jurassic Hazelton Group rocks, which is the same geological setting that hosts the known mineralized veins at 3Ts. A comprehensive review of historical geochemical data has identified anomalous gold, silver, copper, lead and zinc concentrations in sediment samples. Many of these geochemical anomalies correspond with structural features identified in historical geophysical surveys, displaying characteristics similar to the mineralized host structures within the existing 3Ts Project.

The prevailing geological model for the 3Ts region suggests that upwelling magma created dome-like surface features. As these magma bodies deflated, arcuate fault structures formed around their peripheries, providing key fluid pathways for mineral deposition. These structural controls are believed to be fundamental in the formation of the high-grade gold-silver veins at 3Ts and will serve as a primary exploration focus for the newly acquired ground. Independence Gold is planning an exploration program for the summer that will include airborne geophysics, detailed mapping and prospecting to identify high-priority target zones.

About Independence

Independence Gold Corp. is a well-financed mineral exploration company with holdings ranging from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. The Company is positioned to add shareholder value through systematic project advancement, while management continues to evaluate additional gold and silver projects for possible acquisition. For additional information, visit the Company's website www.ingold.ca.

Andy Randell, P.Geo., the Company's Qualified Person as defined by National Instrument 43-101, has reviewed the technical information in this news release.

ON BEHALF OF THE BOARD OF INDEPENDENCE GOLD CORP.

"Randy Turner"

Randy Turner, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to Independence within the meaning of applicable securities laws, including statements with respect to the Company's planned drilling and exploration activities. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Independence's public filings under Independence Gold Corp.'s SEDAR profile at www.sedarplus.ca. Although Independence has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Independence disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Suite 580 – 625 Howe, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959
Facsimile: 604-687-1448
E-Mail: info@ingold.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246572

FAQ

What is the total size of Independence Gold's expanded 3Ts Project after the new claim acquisition?

The expanded 3Ts Project now covers approximately 35,486 hectares across thirty-one mineral claims, following the addition of 28,100 hectares of new claims.

Where is IEGCF's 3Ts Project located and what notable mining operations are nearby?

The 3Ts Project is located 185 kilometers southwest of Prince George, British Columbia, and sits 16 km southwest of Artemis Gold's Blackwater Mine.

What are the characteristics of the mineralized veins at IEGCF's 3Ts Project?

The project contains nineteen mineralized veins with strike lengths from 50m to over 1,100m and true widths up to 32m, within a low-sulphidation epithermal quartz-carbonate vein district.

What exploration activities does IEGCF plan for the newly acquired 3Ts claims in summer 2025?

Independence Gold plans to conduct airborne geophysics, detailed mapping, and prospecting to identify high-priority target zones.