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Be the first with the news that moves the market- Independence Gold Corp. (IGO) has begun a diamond drill program at its 3Ts Project in B.C
- The winter drill program will consist of 28 drill holes totalling 4,100 metres and will be focused on the Tommy vein system and a 200-metre area around it
- The targets were selected based on the updated resource, which was completed in 2022, and the estimated budget for this drill program is $1.1 million
- Independence Gold Corp. (IGO) was up 15.38 per cent, trading at $0.15 per share as of 10:10 am ET
Independence Gold Corp. (IGO) has begun a diamond drill program at its 3Ts Project in B.C.
The winter drill program will consist of 28 drill holes totalling 4,100 metres and will be focused on the Tommy vein system and a surrounding 200-metre area.
The targets were selected based on the updated resource, which was completed in 2022, and the estimated budget for this drill program is $1.1 million.
The primary focus is to increase the National Instrument 43-101 compliant inferred resource estimate, which has been calculated for the Tommy and Ted-Mint Vein systems. The combined in-pit and underground components of these 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 underground, containing 522,330 ounces of gold and 13,831,415 ounces of silver, totalling 678,156 AuEq ounces.
The 3Ts Project is comprised of 15 mineral claims covering approximately 52 sq. km. in the Nechako Plateau region of central British Columbia.
Independence Gold Corp. (IGO) is a mineral exploration company whose holdings range from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon.
Independence Gold Corp. (IGO) was up 15.38 per cent, trading at $0.15 per share as of 10:10 am ET.
