Independence Gold Commences Drilling at 3Ts Project, BC
Suite 1020 – 625 Howe, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
NEWS RELEASE
September 9, 2020 TSX Venture: IGO
Independence Gold Commences Drilling at 3Ts Project, BC
Vancouver, B.C. – Independence Gold Corp. (TSX.V: IGO ) (the "Company") is pleased to announce the
commencement of a diamond drilling program at its 100% owned 3Ts Project, located approximately 185 kilometres
(“km”) southwest of Prince George, British Columbia and situated 20 km southwest of Artemis Gold Inc.’s Blackwater
Project.
The initial program will consist of 11 drill holes totaling approximately 2,200 met res (“m”). The targets are largely
based on the extensive compilation and 3D geological model of the epithermal vein system , in addition to the
magnetic and spectral surveys , completed in 2019. The 3D m odel in particular highlig hted significant gaps in the
historical drilling in the Tommy and Ted -Mint vein systems that the majority of the planned drillholes will be testing.
Of the 11 drillholes, four will be dedicated to testing the po tential northern extension of the Johnny Vein and the
potential southern extension of the Larry Vein, both of which are were not included in the resource estimate
described below.
A National Instrument 43-101 compliant inferred resource estimate has been calculated for the Tommy and Ted-Mint
Veins. Using a 1 grams per t onne ( “g/t”) gold cutoff grade, t he total Inferred Resource for these three veins is
5,452,000 tonnes grading 2.52 g/t gold and 71.5 g/t silver for 441,000 contained ounces of gold and 12,540,000
contained ounces of silver (see news release dated May 6, 2014).
The 3Ts Project is comprised of fifteen mineral claims covering approximately 5,200 hectares in the Nechako Plateau
region of central British Columbia. The 3Ts Project covers an epithermal quartz -carbonate vein system within w hich
more than a dozen individual mineralized veins, ranging from 50 m to more than 900 m and true widths up to 20 m ,
have been identified.
About Independence
Independence Gold Corp. (TSX.V:IGO) is a mineral exploration company l isted on the TSX Venture E xchange. The
Company’s holdings range from early -stage grassroots exploration to advanced -stage resource expansion in British
Columbia and Yukon. 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 th is press release, other th an statements of hi storical 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 p rovides 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 1020 – 625 Howe, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
appropriate for other purposes. By i ts nature, this information is subject to inh erent 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 assu mptions may not be correct and that objective s, strategic goals and priorities w ill not be achieved.
These risks and uncertainties include but are not limited to those identified and reported in Independence’s public filings u nder
Independence Gold Corp.’s SEDAR profile at www.sedar.com. 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 f actors that cause a ctions, 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 su ch statements. Independence disclaims any intention o r obligation to update or revise
any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.