Original News Release
Independence files NI 43-101 report for 3Ts
Mr. Randy Turner reports
INDEPENDENCE GOLD FILES UPDATED NATIONAL INSTRUMENT 43-101 RESOURCE REPORT FOR THE 3TS GOLD AND SILVER PROJECT, BC
Independence Gold Corp. has filed an updated National Instrument 43-101 technical report on SEDAR+ for the 3Ts gold and silver project located in the Omineca mining division of British Columbia. The company recently engaged SGS Geological Services to review the drill data from the 3Ts gold and silver project and update the resource model.
The updated resource estimate includes the Tommy and Ted-Mint vein systems, as well as the recently discovered Larry, Johnny and Ian veins. This updated estimate has been prepared by SGS Geological Services group within SGS Canada Inc. under the supervision of a qualified person and in accordance with Canadian Institute of Mining, Metallurgy and Petroleum definition standards and NI 43-101. This estimate delivers both increased tonnage and the addition of an indicated resource category, marking a significant progress in project advancement.
The 2022 resource estimate reported an inferred resource of approximately 4.47 million tonnes grading 3.64 grams per tonne gold and 96.26 g/t silver, equivalent to approximately 522,330 ounces gold and approximately 13.83 million ounces silver (see news release dated Aug. 18, 2022). The new 2025 model delivers an increase in tonnage and, for the first time, includes an indicated category, opening the possibility of mineral reserves on the property -- a step-change in confidence for both the company and investors.
Under the CIM definition standards and NI 43-101, an indicated mineral resource is estimated with sufficient confidence in geological continuity and data that modifying factors (mining, processing, economic, legal and environmental) can be applied to support mine planning and evaluation. By contrast, an inferred mineral resource is estimated on more limited evidence and sampling, and cannot be converted directly into mineral reserves. The addition of the indicated category demonstrates a higher level of confidence, reducing execution risk, improving the project's investment profile and facilitating advanced studies (prefeasibility and feasibility).
About Independence Gold Corp.
Independence is a well-financed mineral exploration company with holdings ranging from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. The company is positioned to add shareholder value through systematic project advancement while management continues to evaluate additional gold and silver projects for possible acquisition.
The 3Ts project is located approximately 185 kilometres southwest of Prince George, B.C. The 3Ts project comprises 31 mineral claims covering approximately 35,486 hectares in the Nechako plateau region. The project lies 16 km southwest of Artemis Gold Inc.'s Blackwater mine and hosts a low-sulphidation epithermal quartz carbonate vein district within which at least 19 known mineralized veins, ranging from 50 to over 1,100 metres in strike length and true widths of up to 32 m, have been identified, 12 of which remain untested by drilling.
Independence Gold's 3Ts project's 2025 mineral resource estimate was prepared by Rohan Millar, PGeo, of SGS Geological Services, an independent qualified person, in accordance with the guidelines of the Canadian Securities Administrators' National Instrument 43-101 (Standards of Disclosure for Mineral Projects), with an effective date of Nov. 12, 2025.
Certain technical information in this press release has been reviewed and approved by Andy Randell, PGeo. Mr. Randell is a qualified person under Canadian National Instrument 43-101 and is an independent consultant for the company.
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