Independence GOLD Intersects 52.46 Metres Grading 2.51 G/T GOLD and 19.73 G/T Silver IN the Johnny Vein at the 3TS Project, BC
Suite 580 – 625 Howe, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
NEWS RELEASE
INDEPENDENCE GOLD INTERSECTS 52.46 METRES GRADING 2.51 G/T GOLD AND 19.73 G/T SILVER IN THE
JOHNNY VEIN AT THE 3TS PROJECT, BC
Vancouver, B .C. – (July 3 1, 2025 ) – Independence Gold Corp. (TSXV: IGO) (“Independence” or “the
Company”) is pleased to report assay results from three additional diamond drill holes completed at the
Johnny Vein System at the 3Ts Project located in central British Columbia. These results further confirm the
continuity and high -grade nature of the Johnny Vein System and expand s the known footprint of
mineralization. Located 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 nineteen known mineralized veins, ranging
from 50 to over 1,100 metres in strike length and true widths of up to 32 m have been identified.
Highlights from diamond drilling include:
• Hole 3TS-25-31 intersected a broad zone of mineralization grading 2.51 g/t gold and 19.73 g/t silver
over 52.46 metres (true width approximately 32m), including:
o 2.32m grading 9.83 g/t gold and 28.02 g/t silver
o 2.90m grading 7.16 g/t gold and 63.10 g/t silver
o 1.14m grading 18.46 g/t gold and 33.33 g/t silver
• Hole 3TS -25-29 returned 7.94 metres grading 2.65 g/t gold and 10.71 g/t silver (true width
approximately 7.46m), including 1.94 metres of 7.53 g/t gold and 32.47 g/t silver.
• Hole 3TS-25-30 returned 5.90 metres of 1.86 g/t gold and 17.29 g/t silver (true width approximately
5.54m), including 0.72 metres of 4.00 g/t gold and 26.39 g/t silver.
“These results further validate the Johnny Vein System as a high-grade, laterally extensive target with strong
potential for resource expansion,” stated Randy Turner, President & CEO of Independence Gold. “We are
particularly excited by the width and grade intersected in hole 3TS -25-31, which demonstrates consistent
mineralization over more than 30 metres of true width and includes multiple zones of exceptional gold and
silver values.”
The Johnny Vein System is one of several epithermal quartz-carbonate veins being explored at the 3Ts Project
and appears to be comprised of several intertwining veins with mineralized breccias that produce wide zones
of mineralization. The primary vein set is interpreted to have a true thickness of approximately 32 metres;
however, including adjacent mineralized breccias and minor veins, the total mineralized width may extend
up to 47.5 metres true width. 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). The combined in -pit and underground components of Tommy and Ted -Mint vein
systems contain a total inferred resource estimate of 4,469,297 tonnes grading 3.64 grams per tonne (“g/t”)
gold and 96.26 g/t silver, at a cut off grade of 0.4 g/t gold equivalent ( “AuEq”) in -pit and 2.0 g/t AuEq
Suite 580 – 625 Howe, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
underground, containing 522,330 ounces of gold and 13,831,415 ounces of silver, totaling 678,156 AuEq
ounces. Drill results from the Johnny Vein System will be incorporated in the updat ed NI 43 -101 mineral
resource anticipated to be completed in the third quarter of 2025.
Drill Hole From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
Silver
(g/t)
3TS-25-29 4.00 6.00 2.00 1.15 9.50
and 10.00 11.80 1.80 0.61 3.89
and 20.92 21.66 0.74 2.85 9.46
and 25.66 27.53 1.87 4.09 20.32
and 33.00 38.00 5.00 1.22 2.40
and 44.06 52.00 7.94 2.65 10.71
including 44.06 46.00 1.94 7.53 32.47
3TS-25-29 63.17 63.68 0.51 1.10 13.73
and 66.00 66.70 0.70 1.71 28.57
and 71.00 74.00 3.00 0.75 15.33
and 80.68 86.58 5.90 1.86 17.29
and 88.00 91.00 3.00 0.80 2.00
and 102.70 104.88 2.18 2.03 4.13
3TS-25-31 65.05 66.50 1.45 4.68 5.52
and 67.69 68.10 0.41 6.24 4.88
and 73.54 126.00 52.46 2.51 19.73
including 79.18 81.50 2.32 9.83 28.02
and including 87.10 90.00 2.90 7.16 63.10
and including 109.36 110.50 1.14 18.46 33.33
and 155.00 156.54 1.54 1.82 5.84
Table 1: Significant Intercepts from the Johnny Vein
*The true widths of the veins are average 80-95% of the reported interval width
QA/QC Protocols
Samples consist of saw -cut (NQ) drill core with one -half retained for reference and one -half submitted for
analysis. Samples were submitted in sealed plastic bags delivered to Bandstra Transportation for shipping to
SGS Natural Resources Canada (SGS) labs in Burnaby, British Columbia, for sample preparation and analysis.
Robotic sample preparation is used to ensure reproducibility and samples are pulverized to greater than 85%
passing 75 microns. All samples are submitted for four acid digest with an ICP finish. Gold grades are obtained
by fire assay with AAS finish. Samples which return greater than 10 parts per million gold and 100 parts per
million silver are resubmitted for fire assay with a gravimetric finish. Sample batches consist of core samples,
control standards, blanks and duplicates. Blanks and control standards (QAQC) are inserted into each batch
of samples, with one QAQC per 20 samples. QAQC samples that return values 10% outside of the expected
range require samples from that internal batch to be rerun by the lab. SGS laboratories operate under a
Quality Management System that complies with ISO/IEC 17025. SGS’s minerals laboratory in Burnaby is
accredited by the Standards Council of Canada (SCC) for specific mineral tests listed on the scope of
accreditation to the ISO/IEC 17025 standard. Please see SGS Analytical Methods for further details regarding
analytical procedures.
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
Suite 580 – 625 Howe, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
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 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 Information from this release
Drill Hole Easting Northing Elevation Azimuth* Dip Total Meterage
3TS-25-29 363045 5876905 1218 170 70 144
3TS-25-30 363067 5876940 1216 270 70 106
3TS-25-31 363067 5876940 1216 220 65 158
* All drill hole locations are in NAD83, Zone 10 Datum
**Based on true north. For magnetic declination add 17.5 degrees
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 th ose
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.