Independence Gold Appoints Terry Salman to its Board of Directors

Suite 1020 - 625 Howe Street, Vancouver, British Columbia V6C 2T6

Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]

NEWS RELEASE

March 1, 2017 TSX Venture: IGO

Independence Gold Appoints Terry Salman to its Board of Directors

Vancouver, BC – Independence Gold Corp. (TSX.V: IGO) ("Independence" or "the Company") is pleased to

announce the appointment of Mr. Terry Salman to its Board of Directors.

Mr. Salman has been a leader in financing junior exploration and mid -cap to large mining companies over the

past 35 years. He began his career at Nesbitt Thomson in 1973, rising from a Research Analyst to Executive Vice-

President and Director. At Nesbitt Thomson, Terry helped create the first mining team and established Nesbitt

Thomson’s first gold conference which ultimately became BMO’s Global Metals & Mining Conference.

Terry left Nesbitt in 1994 to form Salman Partners, where he was President, Chief Executive Officer and Co -

Director of Research. For 22 years, Salman Partners was a leading resource based investment dealer known for

its high-quality research and integrity. Salm an Partners helped raise $20 bill ion for more than 400 companies.

Currently, Terry is President & CEO of Salman Capital Inc., an investment advisory and merchant banking firm.

In addition to his highly successful career, Terry has tirelessly devoted his services to many community

organizations, including fundraising for the Britannia Mine Museum , sitting on the Government of Canada’s

Expert Panel on Securities Regulations and serving as Chair of the Investment Dealers Association of Canada. Mr.

Salman also served as Chairman of the Vanco uver Public Library Foundation for sixteen years and is currently

Chairman Emeritus, was Chairman of St. Paul’s Hospital Foundation, he was a Director of the Prostate Cancer

Research Foundation of Canada and a past Director of the Canadian Stem Cell Network. In 2009, he was awarded

a Doctor of Technology “honoris causa” by the British Columbia Institute of Technology.

In recognition of his outstanding volunteer contributions, Terry Salman was awarded the Queen Elizabeth I I

Diamond Jubilee Medal in 2012, and in 2017 received the Murray Pezim award from the Association for Mineral

Exploration BC for his remarkable career in the Canadian mining financial industry.

In addition, the Company announces the granting of incentive stock options to certain directors, officers and

employees to purchase up to 2,200,000 common shares under the Company’s Incentive Stock Option Plan. The

options will be granted for a period of five year commencing on March 1, 2017, exercisable at a pric e of $0.25

per share.

Independence Gold Corp. (TSX.V:IGO) is a well-financed mineral exploration company listed on the TSX Venture

Exchange, with a portfolio of projects in the Yukon and the 3Ts Project in British Columbia. The Company’s

holdings range fr om early stage grassroots exploration to advanced -stage resource expansion. For additional

information, please visit the Company's website www.ingold.ca.

INDEPENDENCE GOLD CORP.

“Randy Turner”

Randy Turner, President & CEO

For further information please contact Investor Relations at 604-687-3959 or [email protected]

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.