Independence GOLD Intersects 5.12 G/T GOLD and 33.04 G/T Silver over 9.23 Metres at Depth at the Goofy Vein, 3TS Project, BC
NEWS RELEASE
INDEPENDENCE GOLD INTERSECTS 5.12 G/T GOLD AND 33.04 G/T SILVER OVER 9.23 METRES AT
DEPTH AT THE GOOFY VEIN, 3TS PROJECT, BC
Vancouver, B.C. (August 31, 2026) – Independence Gold Corp. (TSX.V: IGO, OTCQB: IEGCF, FRA: 625) (the
"Company") is pleased to announce additional high -grade gold and silver results from the recently
discovered Goofy Vein at its wholly -owned 3Ts Gold Project . Situated approximately 185 kilometres
southwest of Prince George, British Columbia, the 3Ts Project comprises thirty -one mineral claims
covering approximately 35,486 hectares in the Nechako Plateau region. The project lies 16 km southwest
of Artemis Gold Inc.’s Blackwater Mine and hosts a low -sulphidation epithermal quartz-carbonate vein
district within which at least twenty known mineralized veins, ranging from 50 to over 1,100 metres in
strike length and true widths up to 32 metres (“m”), have been identified, twelve of which remain
untested by drilling.
The drill results confirm continuation of the Goofy Vein at depth following its discovery in drill hole 3TS -
26-39, which intersected 9.10 m grading 14.70 grams per tonne (“g/t”) gold and 36.70 g/t silver, with an
estimated true width of 7.00 m ( see news release dated July 22, 2026 ). The Goofy Vein is located
approximately 250 metres west of the Ted -Mint Vein System and represents the second blind vein
discovery generated using the Company’s evolving structural exploration model. The discovery resulted
from drilling an interpreted radial structural corridor coincident with an elevated thorium anomaly
identified in the 2025 airborne radiometric survey.
Highlights:
• 3TS-26-48 intersected 9.23 m grading 5.12 g/t gold and 33.04 g/t silver, approximately 30
m below the original Goofy discovery intercept.
• The result confirms the continuation of high -grade gold -silver mineralization beneath
discovery hole 3TS-26-39.
• The Goofy vein remains open along strike and at depth.
HoleID From
(m)
To
(m)
Interval*
(m)
Au
(g/t)
Ag
(g/t)
3TS-26-48 62.77 72.00 9.23 5.12 33.04
including 63.37 63.97 0.60 21.33 230.00
and including 66.12 67.45 1.33 11.09 42.11
Table 1: Goofy Vein drilling results.
*True width of vein estimated to be 4.00m
Figure 1. Goofy vein drill hole 3TS-26-48 location
Randy Turner, President and Chief Executive Officer of the Company, commented:
“The results from 3TS -26-48 are an encouraging follow -up to the initial Goofy discovery and
demonstrate that the vein continues at depth and along strike. Further drilling on the Goofy vein
has the potential to add to the current mineral resource estimate, along with the recent discoveries
at the Balrog and Dixie Vein Systems.”
Exploration Update
All drill core from the spring drill program has been submitted to SGS Canada Inc. in Burnaby, British
Columbia, with assay results to be released upon receipt by the Company. Plans are currently underway
for a fall exploration program which will include soil geochemistry, trenching and prospecting over several
new targets outlined by the 2025 airborne geophysical survey and the recently completed AI survey to be
followed by a drill program expected to commence during the fourth quarter.
Analytical Methods and QA/QC
All drill core was logged, photographed, cut and sampled at the Company's secure core facility. Samples
consist of (NQ) drill core with one half retained for reference material and one-half placed in sealed bags
and shipped to SGS Canada Inc., an independe nt ISO/IEC 17025 accredited laboratory, for sample
preparation and analysis. Sample preparation and all analytical work were completed at the SGS Burnaby
facility.
Gold analyses were completed using a 30 -gram fire assay with atomic absorption spectrometry finish
(GO_FAA30V10). Multi-element analyses, including silver, lead, zinc, copper and pathfinder elements,
were determined by aqua regia digestion followed by ICP-AES analysis (GE_ICP21B20). Samples returning
values above analytical limits are re-analyzed using appropriate over-limit methods where required.
The Company's quality assurance and quality control (QA/QC) program includes the routine insertion of
certified reference materials, blank samples and field duplicates into each sample batch. Internal
laboratory quality control procedures, including the an alysis of certified standards, blanks and duplicate
samples, were also completed by SGS as part of its analytical program. Review of the QA/QC results
indicates that analytical accuracy and precision are within acceptable limits, and the Qualified Person is
satisfied that the reported assay data are suitable for disclosure.
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. 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 and
who is an independent consultant for the Company, 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 Azimuth Dip Total Meterage (m)
3TS-26-48 364572 5876830 1034 90° -70 125
*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 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.