Independence Gold Corp. (the "Company") is pleased to announce the commencement of a $850,000 reverse circulation drilling program at its 100% owned Boulevard Project, located in the White Gold Area 135 kilometres (km) south of Dawson City, Yukon and contiguous to the Coffee Project currently being advanced by Kaminak Gold Corporation. The Company will test both the Sunset Zone and the Denali Zone targets by drilling a total of approximately 2,350 metres (m).
The Company also intends to undertake 800 m of diamond drilling at its 100% owned Henderson Project, also located in the White Gold Area of the Yukon, later this summer. The total budget for 2015 exploration and project evaluation is $1.8 million (see the Company's news release dated May 20, 2015).
The Sunset Zone is a 2,200 m long gold-in-soil anomaly with associated anomalous pathfinder elements located 7 km southwest of Kaminak's Coffee deposit. The 2015 reverse circulation drilling program is designed to test northeast trending geophysical anomalies coincidental with gold-, arsenic-, and antimony-in-soil anomalies. Surface trench results of up to 7.04 grams per tonne (g/t) gold across 6 m, and diamond drill intercepts of up to 2.42 g/t gold across 6.26 m have been obtained during previous exploration programs at the Sunset Zone.
The Denali Zone is located approximately 14 km west of Kaminak's Coffee deposit. Reverse circulation drilling at Denali will follow up surface trench results of 4.56 g/t gold across 10 m, and a 700 m long gold-in-soil anomaly including five soil samples containing greater than 1.4 g/t gold. Soils within this anomaly area also contain anomalous concentrations of the pathfinder elements arsenic and antimony (see the Company's news releases dated September 25 and December 18, 2012).
Independence Gold Corp. (TSX VENTURE:IGO) is a well-financed mineral exploration company listed on the TSX Venture Exchange. With the 3Ts Project located in British Columbia and projects in the Yukon, the portfolio ranges from early stage grassroots exploration to advanced-stage resource expansion. 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 Boulevard Project, has reviewed the technical information in this news release.
INDEPENDENCE GOLD CORP.
Randy Turner, President and CEO