Independence GOLD Announces New Discovery at the Larry Vein System of 19.40M Grading 5.58 G/T GOLD and 73.76 G/T Silver at the 3TS Project, BC
Suite 580 – 625 Howe Street, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
NEWS RELEASE
INDEPENDENCE GOLD ANNOUNCES NEW DISCOVERY AT THE LARRY VEIN SYSTEM OF 19.40M
GRADING 5.58 G/T GOLD AND 73.76 G/T SILVER AT THE 3TS PROJECT, BC
Vancouver, BC – (March 26, 2025) – Independence Gold Corp. (TSX-V: IGO) ("Independence Gold" or the
"Company") is pleased to announce the discovery of high-grade gold and silver mineralization at the Larry
Vein System at its 3Ts Project in central British Columbia. 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.
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.
Key Highlights:
• Drill hole 3TS -25-07 intersected a system of two veins with mineralized breccia below the
microdiorite sill, returning 19.40 m grading 5.58 grams per tonne (“g/t”) gold and 73.76 g/t silver,
and 15.00 m grading 3.01 g/t gold and 25.20 g/t silver. True widths are estimated to be 11.00 m
and 8.5 m respectively with the intercept occurring 210 m east of the Tommy Vein System.
• Drill hole 3TS-25-09 returned 8.0 m at 5.89 g/t gold and 25.13 g/t silver above the microdiorite
sill, with a true width of 4.75 m. This intercept was 145 m east of the Tommy Vein System.
• Compilation of historical data has provided sufficient information to directly target the Larry Vein
for the first time, with the strike length estimated to be approximately 325 m remaining open to
the northwest, southeast and at depth.
• Additional assay results from the Larry Vein are pending.
Potential of the Larry Vein
The Larry Vein, located east of the Tommy Vein System, was loosely defined by shallow historical drill
intercepts from the 1990s to early 2000s. Due to thick overburden, no surface exposure of the Larry Vein
has ever been observed. The se latest drill results confirm the presence of a significant vein system,
demonstrating that the Larry Vein has been largely overlooked in historical work. The high-grade gold and
silver values returned from 3TS -25-09, combined with the complex veining and mineralized breccia
observed in 3TS -25-07, suggest that the Larry Vein h as the potential to contribute significantly to an
updated resource model, planned for the second quarter of 2025.
Suite 580 – 625 Howe Street, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
Drill Hole Target From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
Silver
(g/t)
3TS-25-07
including
and including
and including
and
including
and
and
and
including
Larry Vein
System
179.00 198.40 19.40 5.58 73.76
182.50 183.00 0.50 10.88 108.00
186.24 190.00 3.76 14.85 273.40
193.00 195.00 2.00 7.33 25.50
214.00 229.00 15.00 3.01 25.20
227.50 228.00 0.50 27.24 38.00
235.00 237.00 2.00 2.77 5.00
251.94 252.91 0.97 2.80 39.18
261.26 268.93 7.76 3.35 36.77
261.26 262.00 0.74 11.85 20.27
3TS-25-09
including
Larry Vein
System
32.00 40.00 8.00 5.89 25.13
37.00 38.00 1.00 25.57 107.00
Table 1: Larry Vein System assay highlights
Randy Turner, President and CEO of Independence Gold, commented: “The discovery of high -grade
mineralization at the Larry Vein is an exciting development for the 3Ts Project. This vein was historically
ignored due to its lack of surface exposure, but the latest results demonstrate it has significant potential.
We await additional assay results not only from the Larry Vein but also other targets we are currently
drilling.”
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 thro ugh 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.
Drill Hole Location Data
Drill Hole Easting Northing Elevation (m) Azimuth Dip Length (m)
3TS-25-07 363940 5876982 1150 270 70 330
3TS-25-09 363770 5877066 1151 90 65 102
*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
Suite 580 – 625 Howe Street, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
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.