Independence Gold receives exploration permits for 3Ts

Executive Summary

• Independence Gold Corp. has received two five-year area-based exploration permits from the British Columbia Ministry of Mining and Critical Minerals for its 3Ts gold and silver project in central British Columbia.
• The permits cover the "Resource Area" and the "Ootsa Area," granting the company significant operational flexibility to advance resource growth and pursue new discovery opportunities through expanded drilling, trenching, and geophysical surveys.
• The company plans to launch a significant drill program this spring, leveraging the new permits to support the expansion of known gold- and silver-mineralized zones and evaluate earlier-stage copper-silver targets.

Key Details

• Permit Duration: Both permits are valid for five years, allowing exploration work through February 2031.
• Project Location: The 3Ts project is located approximately 185 kilometres southwest of Prince George, B.C., in the Nechako plateau region, lying 16 kilometres southwest of Artemis Gold Inc.'s Blackwater mine.
• Project Scope: The project comprises 31 mineral claims covering approximately 35,486 hectares. It hosts a low-sulphidation epithermal quartz-carbonate vein district with at least 19 known mineralized veins (strike lengths of 50 to over 1,100 metres; true widths up to 32 metres), 12 of which remain untested by drilling.
• Resource Area Permit Details:
  • Covers the main resource and advanced exploration areas.
  • Allows for comprehensive exploration programs including:
    • Construction of up to 250 drill sites.
    • Approximately 15 kilometres of new trail access.
    • Up to 2,000 metres of cumulative trenching.
  • Purpose: Support expansion of known gold- and silver-mineralized zones and advance geological, environmental, and engineering knowledge for potential future mine development.
• Ootsa Area Permit Details:
  • Covers the broader Ootsa copper-silver target area.
  • Allows for earlier-stage exploration including:
    • Up to 75 drill sites.
    • Approximately 15 kilometres of new trail access.
    • Up to 1,200 metres of cumulative trenching.
    • 160 line kilometres of geophysical surveys.
  • Purpose: Advance copper-silver mineralization targets and evaluate additional gold showings to the northeast of the main vein corridor.

Notable Quotes

• Randy Turner, President and CEO: "Receiving these two five-year permits marks a major milestone for Independence Gold as we transition into an expanded exploration and resource development phase at 3Ts. Together, the two permits provide significant operational flexibility across the broader 3Ts land package, allowing the company to simultaneously advance resource growth while also pursuing new opportunities for discoveries. We look forward to launching a significant drill program this spring and continuing to build long-term value for shareholders."