Independence Gold Sells Stinger Project, Yukon
28 August 2018 - 10:00PM
Independence Gold Corp. (TSX.V: IGO)
("Independence" or "the Company") is pleased to announce the sale
of the Stinger Property to ATAC Resources Ltd. (“ATAC”). The
Stinger Property is located 65 kilometers west of Dawson City,
Yukon and adjacent to ATAC’s Connaught Property.
Under the terms of the property purchase
agreement ATAC will acquire a 100% interest in the TN 1 through 210
claims (the Stinger Property) in exchange for 60,000 ATAC
shares. Independence will also retain a 1% net smelter return
royalty interest in the TN claims. The transaction remains
subject to TSX Venture Exchange acceptance.
About IndependenceIndependence
Gold Corp. (TSX.V:IGO) is a mineral exploration company listed on
the TSX Venture Exchange. With a portfolio of projects in the
Yukon and the 3Ts Project in British Columbia, the Company’s
holdings range from early-stage grassroots exploration to
advanced-stage resource expansion. For additional
information, visit the Company's website www.ingold.ca.
Kendra Johnston, 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.
ON BEHALF OF THE BOARD of Independence
Gold Corp.
“Kendra Johnston”
President and Director
For further information please contact Kendra
Johnston at 604-687-3959 or info@ingold.ca
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.
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
Independence Gold Corp.’s SEDAR profile at www.sedar.com.
Although Independence has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
information, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended. There
can be no assurance that such information will prove to be accurate
as actual results and future events could differ materially from
those anticipated in such statements. Independence disclaims
any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise unless required by law.
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