The winter drill program was designed to focus on testing the northern and southern extensions of the Tommy vein system, as well as infill drilling of significant gaps within the 2022 resource model of the Tommy and Ted-Mint vein systems which were highlighted in the 2022 resource model. The combined in-pit and underground components of the Tommy and Ted-Mint vein systems contain a total inferred resource estimate of 4,469,297 tonnes grading 3.64 grams per tonne ('g/t') gold and 96.26 g/t silver, at a cut-off grade of 0.4 g/t gold equivalent ('AuEq') in-pit and 2.0 g/t AuEq underground, containing 522,330 ounces of gold and 13,831,415 ounces of silver.
Drill hole 3TS-23-12 targeted the central section of the Tommy vein system within the known 1,075m strike length, and within the pit shell modelled by SGS Geological Services ('SGS'). Hole 3TS-23-15 was designed to target the southern extension of the Tommy vein system and is the most southernly mineralized hole drilled to date. The Tommy vein system remains open along strike and at depth.
Hole 3TS-23-12 also exhibited a series of narrow breccia pipes that contained base metal mineralization including disseminated chalcopyrite, sphalerite and galena. Between 76.5m and 77.0m, values of 1,585 parts per million ('ppm') copper, 216 ppm lead and 762 ppm zinc were reported. It's postulated that these breccia pipes are sourced several hundred metres from below the surface. This geology, in conjunction with the chargeability anomaly at depth, could indicate a porphyry source for these fluids.
Update on the Current Drill Program
The drill program commenced at the 3Ts Project on
All drill holes completed to date have been sent to SGS in
The 3Ts Project is comprised of fifteen mineral claims covering approximately 5,200 hectares in the Nechako Plateau region of central
About Independence
All statements in this press release, other than statements of historical fact, are 'forward-looking information' with respect to Independence within the meaning of applicable securities laws, including statements with respect to the Company's planned drilling and exploration activities. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Independence's public filings under
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