The spring drilling program continues to confirm open mineralization at depth.
Independence Gold Corp. announced additional assay results from the spring drilling program conducted at its 3Ts project.
The 3Ts project is located approximately 185 kilometers (km) southwest of Prince George, British Columbia and is comprised of seventeen mineral claims covering approximately 8,840 hectares in the Nechako Plateau region of central British Columbia.
It is situated 16 km southwest of Artemis Gold Inc.’s Blackwater project and covers a low-sulphidation epithermal quartz-carbonate vein district within which there are more than a dozen individual mineralized veins, ranging from 50 meters (m) up to more than 1,100 meters. m of strike length have been identified, with actual widths of up to 25 m.
The spring drilling program, consisting of 22 holes and totaling 5,130 m, was designed to test several targets along the Ted-Mint and Tommy Vein systems, both near surface and at depth below the sill.
The program also tested early stage exploration targets, including the Johnny and Ian veins, to generate additional drilling data to feed into the current resource model.
The combined in-pit and underground components of the 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 an off-grade cut-off price of 0.4 g/t gold equivalent (AuEq) in-pit and 2.0 g/t AuEq underground, containing 522,330 ounces of gold and 13,831,415 ounces of silver, or 687,156 ounces AuEq.
Randy Turner, the company’s president and CEO, commented that they are very pleased with the results received to date from the spring drilling program, as they continue to confirm that mineralization is open at depth in the Tommy and Ted vein systems. Mint with intersections and grades consistent with drilling results from above the threshold.
“We look forward to seeing results from the remaining drill holes from the spring program as we continue to plan for the summer exploration program in Q3,” he said.
The results in this release come from drilling designed to thoroughly test the Ted-Mint and Tommy Vein systems. These holes intercepted mineralization below the microdiorite sill and show consistency in grades and widths as seen in shallower sections above the sill. These drill holes are some of the deepest intersections Independence has drilled to date and demonstrate that the mineralization remains open at depth.
It is also worth noting that, gold and silver mineralization intersected both quartz-carbonate veins and rhyolite-hosted stockworks. Also of note, drilling intersected the Larry vein (24-3TS-09) for the first time at shallow depth, returning 2.00 m grading 2.99 g/t gold and 13.50 g/t silver . Due to its proximity to the major Tommy vein, Larry has the potential to be included in future resource models.
Drill highlights in this release include:
- Ted-Mint Vein System Drilling Hole
- 3TS-24-08: 24.00 m grading 3.19 g/t gold and 41.54 g/t silver
- Tommy Vein System Drilling Holes
- 3TS-24-09: 5.00m grading 11.81 g/t gold and 251.80 g/t silver
- 3TS-24-10: 6.00m grading 3.47 g/t gold and 44.17 g/t silver
- 3TS-24-11: 17.00m grading 7.03 g/t gold and 46.18 g/t silver
- 3TS-24-12: 6.08 m grading 15.20 g/t gold and 117.60 g/t silver
