Independence Gold outlines B.C. project exploration plan, shares rise
Independence Gold Corp. [IGO-TSXV] has announced the commencement of an up to 10,000-metre diamond drill program at its 100%-owned 3Ts gold and silver project, which is located in central British Columbia, approximately 185 kilometres southwest of Prince George.
The move comes after the company announced a significant update to the mineral resource estimate for the 3Ts project in the fourth quarter of 2025. The updated estimate includes the Tommy and Ted-Mint vein systems, as well as the recently discovered Larry, Johnny, and Ian vein systems. The updated estimate includes 2.79 million tonnes at an average grade of 4.22 g/t gold equivalent (AuEq), representing approximately 378,000 AuEq ounces of indicated resources and 2.96 million tonnes of grade 4.96 g/t AuEq, or 387,000 ounces in the inferred category.
The 3Ts project is situated 20 kilometres southwest of Artemis Gold Inc.’s [ARTG-TSXV] Blackwater Gold project which is estimated to host a measured and indicated resource of 12.4 million AuEq ounces (597 million tonnes at 0.65 g/t AuEq, 0.61 g/t gold, and 6.4 g/t silver).
The 3Ts covers a low-sulphidation epithermal quartz-carbonate vein district, within which more than a dozen individual mineralized veins have been identified. These veins range in size from 50 metres to more than 1,100 metres and true widths of up to 25 metres.
Commenting on the planned 10,000-metre drill program, the company said it will focus on expansion of the current resource as well as several new drill targets. The company is planning follow-up drilling to test along strike and at depth extensions of the Ian, Larry and Johny vein systems, as well as first-ever drilling of newly identified exploration targets, including the Dobby Vein, located east of the main 3Ts resource area. Drill crews will also test multiple new targets generated from exploration work undertaken in 2025, including geophysical surveys, soil geochemistry, prospecting mapping.
One of the key targets to be evaluated is the Dobby Vein, where surface prospecting and mapping have identified quartz-sulphide vein mineralization, with historical grab samples returning values of up to 18.0 g/t gold and 178 g/t silver. The Dobby Vein represents a previously untested vein system within the broader mineralized district that hosts the company’s existing resources and multiple known veins.
Independence Gold shares jumped 11.7% or $0.01 to $0.095 on Thursday. The shares are currently trading in a 52-week range of 23.5 cents and $0.85.
The 3Ts project consists of 15 mineral claims covering 5,200 hectares in the Nechako Plateau region of central British Columbia. It is comprised of the Tsacha, Taken, Tam, Tommy Bot and Blackwater South properties.
The first gold-bearing quartz vein was discovered in 1993 at Tommy Lake by a B.C. government mapping crew.
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