Independence Gold Corp.

Published : June 07th, 2016

Independence Gold Commences Yukon Exploration Programs

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Independence Gold Commences Yukon Exploration Programs

June 07, 2016

Independence Gold Commences Yukon Exploration Programs


Vancouver, BC - Independence Gold Corp. (TSX.V: IGO)
('Independence' or 'the Company') is pleased to announce that it has commenced its $1.5 million Yukon Exploration program in the White Gold District. The program is being conducted from the company's flagship Boulevard Project, located adjacent to the Coffee Gold Project owned by Kaminak Gold Corporation.

Exploration work will be conducted in two phases, each approximately 30 days in length. Phase One will focus on the Boulevard and Moosehorn projects with geological mapping, prospecting, follow-up soil sampling and approximately 500 metres ('m') of trenching. This work is designed to refine drill targets for the second phase of exploration work scheduled to commence mid-July.

Phase Two will consist of approximately 1,500 m of reverse circulation ('RC') drilling at the Denali Zone on the Boulevard Project, following-up on drill hole YCS15-03 that intersected 4.25 grams per tonne gold across 6.10 m. Additionally, approximately 2,000 m of rotary air blast (RAB) drilling is planned on a variety of our White Gold District Projects, pending results from Phase One.

Mr. Randy Turner, President and CEO stated 'Goldcorp's proposed acquisition of Kaminak and their Coffee Gold Project has rejuvenated the geologic and economic interest in the White Gold District. We are excited to be one of a handful of companies executing significant exploration programs in the Yukon this season'.

The Company would also like to acknowledge the Yukon Government for continuing its Yukon Mining Exploration Program funding and for selecting the Moosehorn Project to receive $40,000 in funding this year.

Independence Gold Corp. (TSX.V:IGO) is a well-financed mineral exploration company listed on the TSX Venture Exchange. With a portfolio of projects in the Yukon and the 3Ts Project located in British Columbia. The Company's holdings range from early stage grassroots exploration to advanced-stage resource expansion. For additional information please visit the Company's website www.ingold.ca.

David Gale, P.Geo., the Company's Qualified Person as defined by National Instrument 43-101 for the White Gold District projects, has reviewed the technical information in this news release.

INDEPENDENCE GOLD CORP.

'Randy Turner'

Randy Turner, President & CEO

For further information please contact Investor Relations at 604-687-3959 or [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Read the rest of the article at www.publicnow.com

Independence Gold Corp.

CODE : IGO.V
ISIN : CA45344A1075
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Independence Gold is a exploration company based in Canada.

Independence Gold is listed in Canada. Its market capitalisation is CA$ 12.1 millions as of today (US$ 8.8 millions, € 8.2 millions).

Its stock quote reached its highest recent level on August 05, 2016 at CA$ 0.50, and its lowest recent point on March 19, 2020 at CA$ 0.03.

Independence Gold has 56 090 000 shares outstanding.

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Corporate news of Independence Gold Corp.
8/2/2016Independence Gold Discovers New Gold Anomaly on the Boulevar...
7/7/2016Independence Gold Provides Yukon Exploration Program Update
7/5/2016Independence Gold Acquires the Rosebute Property, Yukon
6/24/2016Independence Gold Closes Private Placement; Goldcorp Acquire...
6/20/2016Independence Gold Announces Private Placement; Goldcorp to A...
6/7/2016Independence Gold Commences Yukon Exploration Programs
5/19/2016Grant of Incentive Stock Options
5/17/2016Independence Gold to Acquire the Rosebute Property, Yukon
4/27/2016Independence Gold Announces 2016 Yukon Exploration Program
11/18/2015Independence Gold intercepts 15.00 g/t gold across 3.05 m at...
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