Al-Istiklal Golden Company (IGO(TSXV) announced the commencement of a drilling program of up to 10,000 meters at the 3Ts’ 100% owned gold and silver project, located in central British Columbia, approximately 185 kilometers southwest of Prince George.
The move comes after the company announced a major update to the mineral resource estimate for the 3Ts project in Q4 2025. The updated estimate includes the Tommy and Ted-Mint vein systems, as well as the recently discovered Larry, Johnny and Ian vein systems. The updated estimate includes 2.79 million tonnes at an average grade of 4.22 g/t gold equivalent (AuEq), representing approximately 378,000 AuEq ounces of indicated resource and 2.96 million tonnes of 4.96 g/t AuEq grade, or 387,000 ounces in inferred category.
The 3Ts project is located 20 kilometers southwest Artemis Gold Company.”s(ARTG-TSXV) Blackwater Gold Project which is estimated to host a measured and indicated resource of 12.4 million ounces AuEq (597 million tonnes at 0.65 g/t AuEq, 0.61 g/t gold, 6.4 g/t silver).
Zone 3Ts covers a quartz and low-sulphide refractory carbonate vein zone, where more than a dozen individual mineralized veins have been identified. The size of these veins ranges from 50 meters to more than 1,100 metres, and their actual width reaches 25 metres.
Commenting on the planned 10,000m drilling programme, the company said it would focus on expanding existing resources as well as several new drilling targets. The company plans to continue test drilling along strike and in deeper extensions of the Ian, Larry and Johnny vein systems, as well as the first-ever drilling of newly identified exploration targets, including the Dobby Vein, located east of the main 3Ts resource area. Drilling crews will also test several new targets resulting from exploration work to be carried out in 2025, including geophysical surveys, soil geochemistry, and exploration mapping.
One of the key targets to be evaluated is the Dobby Vein, where surface exploration and mapping have identified quartz sulphide vein mineralization, with historical grab samples returning values of up to 18.0 g/t gold and 178 g/t silver. The Dobby Vein represents a previously untested vein system within the broader mineralized region that hosts the company’s existing resources and several known veins.
Shares of Independence Gold jumped 11.7%, or $0.01, to $0.095 on Thursday. Shares are currently trading in a 52-week range of 23.5 cents and $0.85.
The 3Ts project consists of 15 mining blocks covering 5,200 hectares in the Nechako Plateau region of central British Columbia. It consists of the Tsacha, Taken, Tam, Tommy Bot and Blackwater South properties.
The first gold-bearing quartz veins were discovered in 1993 in Tommy Lake by a British Columbia government mapping crew.
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