Last C$0.09 CAD
Change Today 0.00 / 0.00%
Volume 0.0
IGO On Other Exchanges
Symbol
Exchange
Venture
OTC US
As of 3:58 PM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

independence gold corp (IGO) Snapshot

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Previous Close
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Day High
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52 Week High
02/21/14 - C$0.17
52 Week Low
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Market Cap
3.9M
Average Volume 10 Days
73.6K
EPS TTM
--
Shares Outstanding
43.8M
EX-Date
--
P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for INDEPENDENCE GOLD CORP (IGO)

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independence gold corp (IGO) Details

Independence Gold Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and silver properties. The company holds a 100% interest in the 3Ts Project comprising 13 mineral claims covering an area of 4,275 hectares located in the Nechako Plateau region of central British Columbia. It also holds interests in the Snowcap Project consisting of 1,763 claims with an area of 36,840 hectares; Henderson Project comprising 742 claims covering an area of 15,500 hectares; Keno Project with 19 quartz mining leases consisting of 283 hectares; and other White Gold Area Projects situated in the Yukon Territory. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. Independence Gold Corp. is a subsidiary of Silver Quest Resources Ltd.

Founded in 2011

independence gold corp (IGO) Top Compensated Officers

President, Chief Executive Officer and Direct...
Total Annual Compensation: C$260.0K
Chief Financial Officer
Total Annual Compensation: C$2.6K
Compensation as of Fiscal Year 2013.

independence gold corp (IGO) Key Developments

Independence Gold Corp. Completes Diamond Drilling at 3ts Project, Bc

Independence Gold Corp. announced the completion of the recent drill campaign at its 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and situated 20 km southwest of the Blackwater Project of New Gold Inc. The drill campaign was designed to identify new mineralized veins by testing previously identified targets within the 3Ts property. Drill targets included fault structures, ground magnetic anomalies and geochemical gold-in-till anomalies, which are all associated with known mineralized veins on the property. A total of eighteen holes (2,683 metres) were completed. As no significant gold values were intersected, drilling was suspended after approximately 50% of the forecasted $900,000 budget had been expended. The potential exists to expand the resources at the Ted, Tommy and Mint veins and thereby expand the total gold and silver resource on the 3Ts Project. The Company will evaluate the results from this drill program, in order to determine how best to continue exploring the property.

Independence Gold Corp., Annual General Meeting, Oct 15, 2014

Independence Gold Corp., Annual General Meeting, Oct 15, 2014., at 14:00 Pacific Standard Time. Location: Suite 1410, 650 West Georgia Street. Agenda: To receive the audited consolidated financial statements of the company for the fiscal year ended December 31, 013 (with comparative statements relating to the preceding fiscal period) together with the report of the auditors therein; to fix the number of directors at five (5); to elect directors; to appoint the auditors and to authorize the directors to fix their remuneration; to approve an ordinary resolution providing the required annual approval of the company's Incentive Stock Option Plan; and to transact such further or other business as may properly come before the meeting or any adjournment or adjournments thereof.

Independence Gold Commences Drilling at 3Ts Project, BC

Independence Gold Corp. announced the commencement of a 3,500 metre diamond drilling program at its 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres southwest of Prince George, British Columbia and 20 km southwest of New Gold Inc.'s Blackwater gold deposit. The 3Ts Project is comprised of fourteen mineral claims covering approximately 4,934 hectares in the Nechako Plateau region of central British Columbia. Eight samples from well-mineralized vein float boulders at the Ringer Target averaged 19.0 g/t gold with 140 g/t silver. Additional mineralized boulders from east and north of the Ringer Target contain 18.0 g/t gold with 176 g/t silver, 8.2 g/t gold with 81 g/t silver and 7.0 g/t gold with 202 g/t silver. A 2003 vein float sample from Adrian Creek, east-southeast of the Ringer Target, assayed 89.8 g/t gold with 592 g/t silver. The area north and east of the Ringer Target contains geochemical gold-in-till anomalies (maximum 64 ppb) that are up to approximately 450 m across, in addition to the well-mineralized vein float boulders. Several linear, northerly trending ground magnetic features, that are probably associated with fault structures, cross the Ringer Target area. The coincidence of geochemical and geophysical anomalies with well-mineralized vein float indicates that the Ringer Target area has excellent potential for the discovery of new mineralized veins. Several holes will be drilled within this target area during the summer 2014 drilling program. The Butch Vein Target area is located approximately 400 m west of the central part of the Ted-Mint Vein, an area with little or no previous drilling. Drilling will test for the bedrock source of well-mineralized vein float boulders which assayed up to 37.0 g/t gold with 202 g/t silver. Surface samples of vein material from both the Butch Vein structure and the Swamp Zone (200 m east of the Butch Vein) contain anomalous gold concentrations. Glacial tills from the Swamp Zone contain from 7 to 34 parts per billion gold, and tills from the Butch Vein area contain up to 77 ppb gold. Drilling in this target area will also test for the presence of a mineralized vein along a northerly trending fault structure which was identified during 2013 geological mapping program; all of the known mineralized veins at the 3Ts Project occur along northerly trending faults. More than 60 vein float boulders have been found between 50 to 200 m south of the Ted-Mint Vein. Drilling will test for the bedrock source of these vein float boulders, which assay up to 7.2 g/t gold with 130 g/t silver. In addition, soils from this boulder-rich area locally contain anomalous concentrations of gold, up to 73 ppb.

 

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