The report has updated numbers that contains an in-pit component and an underground component, each at the calculated cut-off grades from the optimization parameters. The final National Instrument 43-101 report has now been filed on SEDAR. The Company recently engaged SGS Geological Services to review the drill data from the 3Ts Project and update the resource model. The Company is anticipating completing a short exploration program during the fourth quarter to collect data that will be vital to designing expanded drilling programs in early 2023. We are excited to have the ability within this permit to explore new targets that have been discovered in the past year and will expand the resources of this project further."
The recent drilling and resource update has increased our knowledge of these gold and silver-bearing veins, and the proposed drilling will allow for further expansion of the resource. President and CEO, Randy Turner, commented, "We are pleased to have received new permits to continue advancing exploration work at 3Ts. The permit also outlines considerations for archeological sensitivity and wildlife management which can be mitigated to have a minimal impact to ongoing exploration activities. Geophysical surveys with exposed electrodes up to 160 line km.Trenching and test pits across a maximum of 60 sites.Surface drilling from a maximum of 75 sites.This exploration permit includes the following activities:
The permit conditions granted best supports expansion of the resource model and to explore newly identified target zones. The permit allows for a continuation of year-round exploration activities at the 3Ts Project. (TSXV: IGO) (OTCQB: IEGCF) (the "Company") is pleased to announce the granting of a 3-year exploration permit for its 100% owned 3Ts Project located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and situated 16 km southwest of Artemis Gold Inc.'s Blackwater Project.
October 4, 2022) - Independence Gold Corp. Vancouver, British Columbia-(Newsfile Corp.
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