Independence Gold intersects 11.00 metres of 6.14 g/t gold and 59.64 g/t silver in the Ted-Mint Vein System at the 3Ts Project, BC

Vancouver, British Columbia–(Newsfile Corp. – September 3, 2024) – Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) Independence, Inc. (the “Company” or “Independence”) is pleased to announce the results of the Ted-Mint Vein System assays from the spring drill program conducted at the 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres (“km”) southwest of Prince George, British Columbia and consists of seventeen mineral claims covering approximately 8,840 hectares in the Nechako Plateau region of central British Columbia. It is located 16 km southwest of Artemis Gold Inc.’s Blackwater Project and occupies a low sulphidation epithermal quartz carbonate vein district within which over a dozen individual mineralized veins have been identified ranging from 50 metres (“m”) to over 1,100 m in strike length and with true widths up to 25 m.

The spring drilling program, consisting of 22 holes and a total of 5,130 m, was designed to test multiple targets along the Ted-Mint and Tommy Vein Systems, both near surface and at depths below the sill. The program also tested early exploration targets, including the Ian and Johnny veins, to generate additional drill data for incorporation into the current resource model (see report entitled “Technical Report on the Mineral Resource Estimate Update for the 3Ts Gold Project, Omineca Mining Division, British Columbia, Canada” authored by Armitage and Miller, effective August 18, 2022; see press release dated August 18, 2022 for further information). The combined in-pit and underground components of the Tommy and Ted-Mint vein systems contain a total estimated inferred resource 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 the pit and 2.0 g/t AuEq underground, containing 522,330 ounces of gold and 13,831,415 ounces of silver, or 687,156 AuEq ounces.