- Independence Gold’s (TSXV:IGO) assay results confirm the discovery of a new major vein system at its 3Ts Project in British Columbia
- One hole intersected the newly discovered Ian Vein with an intercept of 6.98 metres grading 6.10 g/t gold and 66.05 g/t silver
- This is the first major new vein discovery at 3Ts in almost 30 years
- Independence Gold Corp (TSXV:IGO) opened trading at $0.12 per share
Independence Gold’s (TSXV:IGO) assay results confirm the discovery of a new major vein system at its 3Ts Project in British Columbia.
The Vancouver-based company released assays from the Ian Vein discovered during its recent 4,000-metre drill program.
Two holes drilled unearthed the presence of sheeted veins while another hole intersected the newly discovered Ian Vein with an intercept of 6.98 metres grading 6.10 g/t gold and 66.05 g/t silver. The drill program has defined this vein system over a 100-metre strike length that remains open along strike and at depth. This is the first major new vein discovery at 3Ts in almost 30 years.
Source: Independence Gold Corp.
Since the area east of this vein system hasn’t been explored, nor the area west of the Tommy Vein System, the team sees potential to discover more mineralized veins.
The drill program commenced at the 3Ts Project on March 7, 2023, and was completed during mid-May across 33 drill holes. The 3Ts Project is composed of 15 mineral claims covering 52 square kilomoetres in the Nechako Plateau region of central B.C.
Source: Independence Gold.
| Drill Hole |
Host Rock |
From
(m) |
To
(m) |
Drill
Intercept
(m) |
Gold
(g/t) |
Silver
(g/t) |
Vein Type |
| 3TS-23-27 |
Quartz Veins, Rhyolite Breccia |
59.80 |
64.30 |
4.50 |
0.81 |
16.00 |
Ian Accessory Veins |
| including |
59.80 |
60.80 |
1.00 |
1.58 |
23.00 |
| and |
153.70 |
154.00 |
0.30 |
4.10 |
– |
| and |
|
160.00 |
161.00 |
1.00 |
4.56 |
35.00 |
| 3TS-23-28 |
Quartz Veins, Rhyolite Breccia |
27.50 |
28.00 |
0.50 |
2.46 |
28.00 |
Accessory Vein |
| 3TS-23-29 |
Quartz Veins, Rhyolite Breccia |
76.52 |
83.50 |
6.98 |
6.10 |
66.05 |
MAIN IAN VEIN |
| including |
82.00 |
82.50 |
0.50 |
31.80 |
164.00 |
| and |
111.50 |
112.10 |
0.60 |
1.62 |
26.67 |
Ian Accessory Veins |
| and |
146.80 |
147.50 |
0.70 |
1.57 |
– |
| and |
167.10 |
167.75 |
0.65 |
2.25 |
– |
| and |
185.77 |
186.45 |
0.68 |
1.50 |
– |
Independence Gold Corp. is a mineral exploration company with holdings ranging from early stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon.
Independence Gold Corp. opened trading at $0.12 per share and its shares have risen 140 per cent since this time last year.
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