Independence Gold Reports Additional Gold-Silver Intersections and Gives an Exploration Update at the 3Ts Project, BC

Drill results confirm gold-silver mineralization at 3Ts, with major drilling set for November.

What the company is saying

Independence Gold Corp. is highlighting new assay results from the Ian, Dixie, and Goofy veins at its wholly-owned 3Ts Gold and Silver Project in British Columbia. The company emphasizes the scale of the project—thirty-one mineral claims over 35,486 hectares and at least twenty known veins, twelve of which remain untested by drilling. The announcement details specific intersections, such as 8.35 metres grading 2.39 g/t gold and 28.98 g/t silver at the Ian vein, and 8.52 metres grading 1.84 g/t gold and 24.53 g/t silver at the Dixie vein. Management, led by President and CEO Randy Turner, frames these results as strengthening the geological model and supporting future resource expansion, with further drilling planned. The company stresses the technical rigor of its QA/QC procedures and the involvement of Qualified Person Andrew Randell, P.Geo. The tone is confident and data-driven, focusing on tangible exploration progress and the imminent start of a 10,000-metre drill program.

What the data suggests

The disclosed drill results from the Ian, Dixie, and Goofy veins are specific and include both interval lengths and grades: Ian vein, hole 3TS-26-35 returned 8.35 metres at 2.39 g/t gold and 28.98 g/t silver, including a high-grade subinterval of 0.44 metres at 13.91 g/t gold and 100.00 g/t silver. Dixie vein, hole 3TS-26-41 intersected 8.52 metres at 1.84 g/t gold and 24.53 g/t silver, plus a separate 2.16 metres at 1.54 g/t gold and 6.48 g/t silver. Goofy vein, hole 3TS-26-53 yielded 4.31 metres at 1.61 g/t gold and 2.09 g/t silver. Additional holes at Ian returned up to 1.53 metres at 3.07 g/t gold and 49.67 g/t silver. All results are supported by detailed QA/QC protocols and independent laboratory analysis. The project remains at the exploration stage, with no resource estimate yet, but the mineralization is open at depth and along strike. The company is actively collecting around 700 soil samples and preparing for a 10,000-metre drill program targeting both known veins and up to 19 new targets. All technical information has been reviewed and approved by a Qualified Person as per NI 43-101 standards.

Analysis

The announcement provides detailed and specific assay results from multiple veins at the 3Ts Gold and Silver Project, with credible QA/QC procedures and NI 43-101 Qualified Person sign-off. The majority of the content is factual and realised, with only a minority of claims being forward-looking (e.g., the upcoming 10,000-metre drill program and ongoing soil sampling). The tone is positive but proportionate to the technical results disclosed; there is no evidence of narrative inflation or exaggerated language. The planned drill program represents a significant capital outlay, but this is standard for an exploration-stage company and is paired with concrete technical milestones rather than speculative production or revenue claims. The execution distance is near-term, as drilling is expected to commence in early November (within weeks of the announcement date). No unsupported claims of imminent resource expansion or economic value are made, and the technical data is robust.

Risk flags

• ●Resource risk remains high as no resource estimate or economic assessment has been disclosed; all value is contingent on future drilling success and subsequent studies.
• ●Operational risk is present due to the scale of the planned 10,000-metre drill program, which requires effective execution, technical management, and continued access to capital.
• ●Exploration risk is significant because twelve veins remain untested by drilling and the mineralization is open at depth and along strike, meaning the geological model could change with new data.

Bottom line

This announcement confirms that Independence Gold Corp. is advancing its 3Ts Gold and Silver Project with credible, independently verified drill results across multiple veins. The grades and widths reported are consistent with potentially economic mineralization, but the project is still at the exploration stage with no defined resource. The imminent 10,000-metre drill program represents a major technical and financial commitment, with results likely to determine the project's future direction. Investors should focus on the outcomes of this drilling and any subsequent resource estimates or economic studies. The most important takeaway is that concrete technical progress is being made, but value realization depends on successful execution and future assay results.

Announcement summary

(TSXV:IGO) (OTCQB:IEGCF) (FSE:625) Independence Gold Corp. announced additional gold and silver assay results from the Ian, Dixie, and Goofy veins at its wholly-owned 3Ts Gold and Silver Project in British Columbia, Canada. The 3Ts Project consists of thirty-one mineral claims covering approximately 35,486 hectares in the Nechako Plateau region, located about 185 kilometres southwest of Prince George and 16 km from Artemis Gold Inc.'s Blackwater Mine. The project hosts at least twenty known mineralized veins, ranging from 50 to over 1,100 metres in strike length and up to 32 metres in true width, with twelve veins remaining untested by drilling. At the Ian vein, hole 3TS-26-35 intersected 8.35 metres grading 2.39 g/t gold and 28.98 g/t silver, including 0.44 metres grading 13.91 g/t gold and 100.00 g/t silver. At the Dixie vein, hole 3TS-26-41 returned 8.52 metres grading 1.84 g/t gold and 24.53 g/t silver, with a separate interval of 2.16 metres grading 1.54 g/t gold and 6.48 g/t silver. At the Goofy vein, hole 3TS-26-53 intersected 4.31 metres grading 1.61 g/t gold and 2.09 g/t silver. Additional holes at the Ian vein (3TS-26-05, 3TS-26-26, 3TS-26-31) intersected narrower mineralized veins, with results including 5.00 metres grading 0.82 g/t gold and 4.00 g/t silver, and 1.53 metres grading 3.07 g/t gold and 49.67 g/t silver. The Ian, Dixie, and Goofy veins remain open at depth and along strike. Exploration is ongoing, with approximately 700 soil samples being collected and prospecting underway to refine structural interpretations and investigate potential extensions. Archaeological surveys and environmental baseline studies are also in progress. These efforts will inform target prioritization for an upcoming 10,000-metre drill program, which will test extensions of established veins and up to 19 newly identified targets, with drilling expected to commence in early November. All drill core was processed at the company's secure facility and analyzed by SGS Canada Inc. using fire assay and ICP-AES methods, with QA/QC protocols including certified reference materials, blanks, and duplicates. Analytical accuracy and precision were confirmed to be within acceptable limits. The scientific and technical information was reviewed and approved by Andrew Randell, P.Geo., an independent consultant and Qualified Person as defined by NI 43-101. Randy Turner, President and CEO, stated that the results enhance the geological model and support future resource expansion and further drilling.

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