IGO Independence Gold Corp

Independence Gold Corp. (TSX VENTURE:IGO) ("Independence Gold" or "the Company")
is pleased to announce the discovery of a new gold-in-soil anomaly that includes
assay values up to 4.53 grams per tonne (g/t) gold on the YCS Property,
following receipt of initial results from its summer exploration program in the
Yukon. A total of 5,641 soil and rock samples were collected on the project area
of which 800 were collected on the YCS Property. The project area is in the
White Gold District, adjacent to the west end of Kaminak Gold's Coffee Property
and is approximately 35 kilometers (km) south of Kinross Gold's Golden Saddle
deposit and is approximately 60 km south of Comtock's recently announced
trenching discovery.


"Based on these highly encouraging soil results, we have commenced a mechanical
trenching program and additional soil sampling to expand these new anomalies,"
said Randy Turner, President and CEO. "Multiple individual high grade gold soil
samples received to-date exhibit a similar geochemical signature to Kaminak
Gold's multiple discoveries nearby."


New Gold Zone

The Denali Zone is a 700 metre (m) long gold-in-soil anomaly, which contains
four areas identified by gold assay values greater than 75 parts per billion
(ppb). The Zone includes five soil samples greater than 1.42 g/t gold, and
associated anomalous pathfinder elements. Samples within the Zone range from
below detection limit to 4.53 g/t gold and average 123.7 ppb gold.


The Denali Zone is located on the Company's YCS Property which is contiguous to,
and north of, the Company's Boulevard Property.


Trenching Program

As a result of this discovery, the Company is currently conducting a 225 m
follow-up trenching program on the property.


Independence Gold is a junior exploration company focused on precious metals
with approximately 5,200 mineral claims covering about 94,400 hectares in the
White Gold District, Yukon. For additional information please visit the
Company's website www.ingold.ca.


David Pawliuk, 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, President

Independence Gold (TSXV:IGO)
Historical Stock Chart
From May 2024 to Jun 2024

Independence Gold (TSXV:IGO)
Historical Stock Chart
From Jun 2023 to Jun 2024