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Independence Gold reveals assay results from 3Ts project

Market News, Mining
TSXV:IGO
03 September 2024 13:39 (EST)
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Independence Gold (TSXV:IGO) reveals assay results from the Ted-Mint Vein System from the spring drill program carried out at its 100-per-cent-owned 3Ts project in British Columbia.

In a news release, the company stated the program consisted of 22 holes for a total of 5,130 metres and intended to test several targets along the Ted-Mint and Tommy Vein Systems.

The program also tested early-stage exploration targets, including the Ian and Johnny veins, to generate additional drill data for incorporation into the current resource model.

The Ted-Mint Vein System is a series of north-south striking gold and silver-bearing quartz carbonate veins, defined by drilling with a strike length of 1,050 metres and an average estimated true width of six metres.

Drilling at the northern end of the Ted-Mint Vein System is relatively underexplored, however 3TS-24-21 targeted the vein below the sill at an approximate depth of 200 metres vertically.

Hole 3TS-24-22 was also drilled to explore the Ted-Mint vein in the south-central part of the system at a depth approximately 70 metres below the 2021 intercept of 3TS-21-01, which returned 13.65 metres grading 5.21 g/t gold and 268 g/t silver.

Independence Gold is a mineral exploration company with holdings ranging from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon.

Shares of Independence Gold (TSXV:IGO) are down 6.98 per cent to $0.20 as of 11:39 am ET.

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