IGO Independence Gold Corp

Independence Gold Corp. (TSX VENTURE:IGO) ("Independence Gold" or "the Company")
is pleased to announce the discovery of 4.56 grams per tonne (g/t) gold across
10 metres (m) in the first trench at the Denali Zone, on the YCS Property,
Yukon. The YCS Property is located in the White Gold District, adjacent to the
western boundary of Kaminak Gold's Coffee Property, which contains an inferred
mineral resource of 3,236,000 ounces of gold (see Kaminak news release dated
December 13, 2012). The YCS Property is approximately 35 km south of Kinross
Gold's Golden Saddle deposit, and is approximately 60 km south of Comstock
Metals' recently announced VG Zone discovery.


Follow-up excavator trenching and prospecting were carried out at the Denali
Zone, a 700 m long gold-in-soil anomaly announced by the Company on September
25, 2012. Two trenches were completed. Trench 1 was 114 m in length, and Trench
2 was 100 m long. In addition, 25 select rock samples were collected during
surface prospecting of the Denali Zone anomaly area.




--  Trench 1 cut 10 m averaging 4.56 g/t gold from 0 m to 10 m, followed by
    16 m averaging 0.022 g/t gold from 10 m to 26 m and finally 88 m
    averaging 0.002 g/t gold from 26 m to 114 m.
--  Trench 2 cut 100 m averaging 0.010 g/t gold, from 0 to 100 m.
--  Assay values for the 25 select rock samples range from below detection
    to 9.74 g/t gold. Five of the 25 select rock samples returned assay
    values of greater than 1 g/t gold. These five rocks assayed 9.74 g/t,
    8.86 g/t, 7.88 g/t, 4.79 g/t and 1.08 g/t gold.



Mr. Randy Turner, President and CEO stated "It is exciting and encouraging to
have such good assay results returned from a first pass trenching program on the
newly discovered Denali Zone. The Company looks forward to the opportunity to
expand upon this discovery."


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


The Company's Vice President of Exploration, Mr. David Pawliuk, P.Geo., is the
Qualified Person as defined by National Instrument 43-101 for these projects and
has reviewed the technical information in this news release.


INDEPENDENCE GOLD CORP.

Randy Turner, President

FOR FURTHER INFORMATION PLEASE CONTACT: 
Independence Gold Corp.
Investor Relations
604-687-3959
604-687-1448 (FAX)
info@ingold.ca
www.ingold.ca

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