Independence Gold Corp.

Published : August 02nd, 2016

Independence Gold Discovers New Gold Anomaly on the Boulevard Project, Yukon

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
Keywords :   Antimony |

Independence Gold Discovers New Gold Anomaly on the Boulevard Project, Yukon

August 02, 2016

Independence Gold Discovers New Gold Anomaly on the Boulevard Project, Yukon

Vancouver, BC -- Independence Gold Corp. (TSX.V: IGO)
('Independence' or 'the Company') is pleased to announce the discovery of the Kahiltna gold anomaly during its Phase One exploration program on the 100% owned Boulevard Project, located contiguous to Goldcorp Inc's Coffee Gold Deposit in the White Gold District, Yukon.

The Kahiltna anomaly is a 1,200 metre ('m') long gold-arsenic-antimony soil geochemical anomaly located 750 m north of and subparallel to the Denali Zone. The anomaly extends east to the Boulevard-Coffee property boundary and is open along trend to the west. This anomaly has been identified by 75th percentile gold, arsenic and antimony values, which range from below detection to 289 parts per billion ('ppb') gold, 1,110 parts per million (ppm) arsenic and 44 ppm antimony. This anomaly is underlain by an extensive assemblage of quartz biotite schists with interlayered quartzite horizons. Independence is currently conducting a reverse circulation ('RC') drilling program on the Boulevard Project and intends to drill test the newly identified Kahiltna anomaly.

The Company is also pleased to announce that it has extended the soil geochemical anomaly, identified by 75th percentile gold and arsenic on the Moosehorn Project from 1,200 m to 1,400 m along trend and the anomaly is still open to the north. In addition, Independence excavated a total of 527 m in three trenches on Moosehorn, confirming gold mineralization in sub-crop in each trench. Trench 1 intersected 2.0 m of 5,140 ppb gold. Trench 2 intersected 6.0 m of 730 ppb gold and 6.0 m of 524 ppb gold. Detailed quartz vein sampling within the anomalous zones of trench 2 returned values ranging from 100 to 1,600 ppb gold. All gold values occur within a broader arsenic halo with values ranging from below detection to 3,990 ppm arsenic. The Moosehorn Project is underlain by a granodiorite intrusion and is situated approximately two kilometres south of an active placer gold operation.

Samples were submitted to SGS Minerals Services in Burnaby, BC for sample preparation by crushing to 75% less than 2 millimetres, creation of a 250 gram ('g') split, and then pulverizing to 85% passing 75 microns. Sample pulps are submitted for gold analysis with a 30 g fire assay and AAS finish (code GE-FAA313). Samples are also submitted for a 52 element analysis using an aqua regia digest and ICP-AES and ICP--MS analysis (GE-ICM14B). Control samples (accredited gold standards and blanks) are inserted into the sample sequence on a regular basis to help monitor precision of results.

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

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


'Randy Turner'

Randy Turner, President & CEO

For further information please contact Corporate Development 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

Independence Gold Corp.

ISIN : CA45344A1075
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

Independence Gold is a exploration company based in Canada.

Independence Gold is listed in Canada. Its market capitalisation is CA$ 4.8 millions as of today (US$ 3.8 millions, € 3.3 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.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
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...
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 0.085
08/16 12:55 0.010
Prev close Open
0.080 0.080
Low High
0.080 0.085
Year l/h YTD var.
0.050 -  0.120 -29.17%
52 week l/h 52 week var.
0.050 -  0.120 6.25%
Volume 1 month var.
50,000 41.67%
Explores for
Interactive chart Add to compare
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
announces expected non-cash impairment
AU$ 7.10+2.68%Trend Power :
Oceana Gold(Au)OGC.AX
AU$ 2.27-0.87%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
US$ 3.18-4.79%Trend Power :
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
Reduced Funding Requirement
GBX 0.58+0.34%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.14+45.00%Trend Power :
Closes Bridge Loan Financing
CA$ 2.70+0.37%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 7.06-5.61%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.26+2.00%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.34+4.55%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.86-8.82%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 64.14+0.88%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.03-8.33%Trend Power :