2 weeks Ago By [email protected] (MENAFN)
Highlights: Figure 1: Johnny and Ted-Mint Vein Systems 2025 Drill Collar Locations To view an enhanced version of this graphic, please visit: The Johnny Vein, originally identified on surface in the mid-1990s, has been a focus of the Company's systematic exploration efforts over the past two years. Detailed geological modeling and drill targeting have now confirmed that the Johnny Vein is part of a series of intertwined gold-bearing quartz veins within a zone of mineralized brecciated rhyolitic country rock. The Johnny Vein indicates similarities in grade and continuity to the established Ted-Mint and Tommy Vein Systems, which form the foundation of the current 3Ts resource model (please see news release dated August 18 th , 2022 for further details; "Technical Report on the Mineral Resource Estimate Update for the 3Ts Gold Project, Omineca Mining Division, British Columbia, Canada", authored by Armitage and Miller).
Table 1: Johnny and Ted-Mint Vein System assay highlights The proximity of the Johnny Vein System to the existing resource model underscores its potential to add additional ounces to the upcoming mineral resource estimate. With drilling ongoing, the Company remains focused on further delineation and expansion of the known high-grade zones. The Johnny Vein is situated 600m to the west of the Tommy Vein System and has a defined strike length of approximately 265m.
"These latest results reinforce the significant upside potential at 3Ts," stated Randy Turner, President and CEO of Independence Gold. "The discovery of a broader vein system, coupled with grades comparable to our primary resource areas, strengthens our confidence in the growth potential of the Project. We look forward to continued success as drilling progresses.
" Update on Program Drilling continues at the 3Ts Project and as at time of writing has completed 8,700m of the planned 10,000m program. Samples continue to be sent to SGS Canada for analysis and results are pending. 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 .
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. Drill Hole Location Data *All drill hole locations are in NAD83, Zone 10 Datum 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 . 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: ..
. To view the source version of this press release, please visit SOURCE: Independence Gold Corp MENAFN20032025004218003983ID1109336570 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article.
If you have any complaints or copyright issues related to this article, kindly contact the provider above..
