Announcement • Jul 23
Independence Gold Corp Discovers New High-Grade Goofy Vein At 3Ts Project Independence Gold Corp. announced the discovery of the new Goofy Vein, located approximately 250 metres west of the Ted-Mint Vein System at its wholly-owned 3Ts Gold Project. The 3Ts Project comprises thirty-one mineral claims covering approximately 35,486 hectares in the Nechako Plateau region. The project lies 16 km southwest of Artemis Gold Inc.’s Blackwater Mine and hosts a low-sulphidation epithermal quartz-carbonate vein district within which at least twenty known mineralized veins, ranging from 50 to over 1,100 metres in strike length and true widths up to 32 metres, have been identified, eleven of which remain untested by drilling. Discovery drill hole 3TS-26-39 intersected 9.10 metres grading 14.70 grams per tonne gold and 36.70 grams per tonne silver (estimated true width of 7.00 metres). The Goofy Vein was discovered by testing one of the radial structural corridors identified through the Company's evolving structural exploration model and coincident thorium anomalies defined from the 2025 airborne radiometric survey. This represents the second blind vein discovery generated using this targeting methodology, following the recently announced Balrog discovery. Additional drilling has been completed along strike and beneath the discovery, with assays currently pending. The vein remains open both along strike and at depth. Drill hole 3TS-26-39 intersected 9.10 metres grading 14.70 grams per tonne gold and 36.70 grams per tonne silver (estimated true width of 7.00 metres), including 1.70 metres grading 63.67 grams per tonne gold and 54.11 grams per tonne silver. The Goofy Vein is located approximately 250 metres west of the Ted-Mint Vein System and was discovered by testing one of a series of radial structural corridors, or "spokes", identified through the Company's evolving structural interpretation of the 3Ts Project. These structures, which radiate outward from the central intrusive complex, are interpreted to have acted as important conduits for hydrothermal fluids and have become a primary focus for exploration targeting beneath thick glacial cover. Drill hole 3TS-26-39 was designed to test one of these interpreted spoke structures where it coincides with an elevated thorium anomaly identified in the Company's 2025 airborne magnetic and radiometric survey. The drill hole intersected the Goofy Vein precisely within this target area. The continued success of this exploration strategy provides increasing confidence that these radial structural corridors represent an important control on mineralization throughout the 3Ts Project. In addition to validating the Company’s exploration model, the discovery has the potential to contribute to the future resource growth at the 3Ts Project. Further drilling will be required to determine the full extent and economic significance of the Goofy vein. The Company has now successfully completed its planned 2026 diamond drilling program, with 10,000 metres drilled across the 3Ts Project. Demobilization of the drill rigs has now been completed, marking the conclusion of one of the largest exploration programs undertaken on the property in recent years. The 2026 program has significantly advanced the Company's understanding of the district, resulting in the discovery of the Balrog Vein and now the Goofy Vein, while also testing extensions to several known vein systems. Numerous drill holes from across the project remain pending analytical results, including follow-up drilling at Goofy. As these results are received and interpreted, they will continue to refine the Company's geological model and guide future exploration across the broader 3Ts district. Drill Hole Location Data: Drill Hole 3TS-26-39, Easting 364530, Northing 5876830, Elevation 1168.00, Azimuth 90°, Dip -50, Total Meterage 179. New Risk • Mar 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (CA$23.8m market cap, or US$17.3m). Announcement • Mar 19
Independence Gold Corp. announced that it has received CAD 0.75 million in funding On March 18, 2026, Independence Gold Corp. closed the transaction. The company paid a cash finder’s fee of CAD 45,000 and issued 428,571 non-transferable finders compensation warrants in connection with the distribution of ft shares to an arm’s length subscriber. each finder’s warrant entitles the holder to purchase one common share of the company at a price of CAD 0.15 per common share until March 18, 2028.