Drill Results
Independence Gold Provides Drilling Update at the 3Ts Gold and Silver Project, British Columbia
Drilling Progress Validates Execution But Lacks New Grade Catalysts to Reverse Downtrend

Executive Summary
- Independence Gold Corp. released an operational update on April 30, 2026, regarding its 10,000-metre drill program at the 3Ts Gold and Silver Project in British Columbia.
- Approximately 25% of the current drill program (2,500 metres) has been completed as of the report date.
- The company reiterated the Q4 2025 Mineral Resource Estimate (MRE), confirming Indicated resources of 2.79 million tonnes at 4.22 g/t AuEq and Inferred resources of 2.96 million tonnes at 4.06 g/t AuEq.
- Drilling has targeted known vein systems (Johnny, Ian, Larry, Tommy) and new anomalies (Dobby), with core logging showing veining, alteration, and structural complexity.
- Management expressed satisfaction with progress but noted results from the lab are still pending for the current program's deeper intervals.
Material Impact
- The news is incremental rather than transformative; it confirms execution of the drill program announced in March 2026 without releasing new assay data or resource expansions.
- Reiteration of Q4 2025 MRE figures does not add value as this information was already public from January and November 2025 filings.
- The update mitigates operational risk by confirming the drill program is active following the March financing, but it lacks the new grade data required to materially re-rate the asset's potential.
- Given the stock has traded in a depressed range ($0.08-$0.10) since late 2025, this confirms activity but does not provide a catalyst for immediate price appreciation without assay results.
IGO · Price
Company Overview
- Company: Independence Gold Corp. operates primarily in British Columbia with a secondary focus on the Yukon.
- Flagship Project: 3Ts Gold and Silver Project located ~185 km SW of Prince George, BC, within the prolific low-sulphidation epithermal vein district near Artemis Gold's Blackwater Mine.
- Project Status: Exploration/Development phase with defined Indicated and Inferred resources; transitioning from resource definition to potential pre-feasibility studies.
- Other Assets: Boulevard Project (Yukon) in the White Gold District and Tay Project (BC) for regional exploration expansion.
- Management: Led by President & CEO Randy Turner, with a technical team claiming over 300 years of combined industry experience.
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Jun 29, 2026 · 05:01