Independence Gold Corp. · TSXV:IGO
Independence Gold — Technical Presentation (July 2022)
27 slides from Independence Gold's technical presentation, Jul 29, 2022
Slide 1: Independence Gold Corp. 3Ts Gold-Silver Project
Independence Gold Corp. 3Ts Gold-Silver Project Southwest of Prince George, British Columbia July 29, 2022 Qualified Person: Allan Armitage, PhD., P.Geo. Rohan Millar, B.Sc., P.Geo.
Slide 2: 3Ts Whittle Pit Optimisation Parameters and Cut-off Grade Calculation
2022 3Ts Whittle Pit Optimisation Parameters and Parameters for Cut-off Grade Calculation Parameter Unit Value Gold Price US$ per ounce $1,750 Silver Price US$ per ounce $22 Pit Slope Degrees 55 Mining Cost (Pit) US$ per tonne mined $2.80 Mining Cost (U/G) US$ per tonne mined $80.00 Processing Cost
Slide 3: 3Ts Global Resource
2022 3Ts Global Resource 3T_Update_Total_ResourceCut Off :AuEQ Cut-Off Au_ppm_Final Ag_ppm_Final Cu_ppm_Final Zn_ppm_Final Pb_ppm_Final AuEQ Volume Tonnes Au Oz Ag Oz AuEQ Oz 0.0 3.17 83.43 134.95 894.88 554.54 4.11 2,011,503 5,431,058 553,050 14,567,785 718,077 0.1 3.17 83.47 135.01 895.31 554.80 4
Slide 4: 3Ts In-Pit Resource
2022 3Ts In-Pit Resource 3T_Update_In_Pit_ResourceCut Off :AuEQ Cut-Off Au_ppm_Final Ag_ppm_Final Cu_ppm_Final Zn_ppm_Final Pb_ppm_Final AuEQ Volume Tonnes Au Oz Ag Oz AuEQ Oz 0.0 3.21 97.91 54.96 375.07 278.76 4.28 912,391 2,463,456 254,468 7,754,347 339,333 0.1 3.21 97.94 54.98 375.20 278.86 4.29
Slide 5: 3Ts Outside-Pit Resource
2022 3Ts Outside-Pit Resource 3T_Update_Outside_Pit_ResourceCut Off :AuEQ Cut-Off Au_ppm_Final Ag_ppm_Final Cu_ppm_Final Zn_ppm_Final Pb_ppm_Final AuEQ Volume Tonnes Au Oz Ag Oz AuEQ Oz 1.0 3.30 75.34 209.22 1393.21 823.19 4.19 1,028,513 2,776,985 294,729 6,726,919 373,824 1.5 3.77 85.19 232.58 1575
Slide 6: Drilling 2014 to 2022 – New Mineralisation Intercepts
Drilling 2014 to 2022 – New Mineralisation Intercepts Tommy: Five additional drill hole intercepts Ted: Eight additional intercepts Mint: Eight additional intercepts © SGS SA 2016 ALL RIGHTS RESERVED 6
Slide 7: Block Search Ranges
2022 Block Search Ranges Name Azimuth Dip Major (y) Median (z) Minor (x) Tommy 1 354 -90 30 30 5 Tommy 2 354 -90 60 60 5 Tommy 3 354 -90 90 90 50 Mint 1 360 -90 30 30 5 Mint 2 360 -90 60 60 5 Mint 3 360 -90 90 90 50 Ted 1-1 333 -90 30 30 5 Ted 1-2 333 -90 60 60 60 Ted 2-1 345 -90 30 30 5 Ted 2-2 345
Slide 8: Block Search Ellipses
2022 Block Search Ellipses Tommy 3 Tommy 2 Tommy 1 Ted 2-1 Ted 1-1 Ted 2-2 Ted 2-3 Mint 3 Mint 2 Mint 1 Ted 1-2 © SGS SA 2016 ALL RIGHTS RESERVED 8
Slide 9: Block Model Parameters
2022 Block Model Parameters Easting (x) Northing (y) RL (z) Origin 363,550 5,876,350 650 Block Size (m) 2 5 5 No. of Blocks 726 161 121 © SGS SA 2016 ALL RIGHTS RESERVED 9
Slide 10: Block Estimation Parameters
2022 Block Estimation Parameters Calculation Method ID2 Search Type Variable Ellipsoid Pass 1 Pass 2 Pass 3 Tommy Vein, Ted Vein Minimum Samples 4 4 2 Maximum Samples 15 15 15 Maximum Samples per Drill Hole 2 2 - Mint Vein Minimum Samples 3 3 2 Maximum Samples 15 15 15 Maximum Samples per Drill Hole
Slide 11: 2014 Mineralised Outlines with Drilling to 2013
2014 Mineralised Outlines with Drilling to 2013 Mint Vein Tommy Vein Ted Vein © SGS SA 2016 ALL RIGHTS RESERVED 11
Slide 12: 2014 Mineralised Outlines with Drilling to 2022
2014 Mineralised Outlines with Drilling to 2022 Mint Vein Tommy Vein Ted Vein © SGS SA 2016 ALL RIGHTS RESERVED 12
Slide 13: 2014 Mineralised Outlines with Drilling 2014 to 2022
2014 Mineralised Outlines with Drilling 2014 to 2022 Mint Vein Tommy Vein Ted Vein © SGS SA 2016 ALL RIGHTS RESERVED 13
Slide 14: 2014 Mineralised Outlines versus 2022 Mineralised Outlines
2014 Mineralised Outlines versus 2022 Mineralised Outlines Mint Vein Tommy Vein Ted Vein © SGS SA 2016 ALL RIGHTS RESERVED 14
Slide 15: 2014 Tommy Vein versus 2022 Tommy Vein
2014 Tommy Vein versus 2022 Tommy Vein Five additional drill hole intercepts since 2014 N © SGS SA 2016 ALL RIGHTS RESERVED 15
Slide 16: Tommy Vein with new Block Model
2022 Tommy Vein with new Block Model © SGS SA 2016 ALL RIGHTS RESERVED 16
Slide 17: 2014 Mint Vein versus 2022 Mint Vein
2014 Mint Vein versus 2022 Mint Vein N N Eight additional drill hole intercepts since 2014 © SGS SA 2016 ALL RIGHTS RESERVED 17
Slide 18: Mint Vein with new Block Model
2022 Mint Vein with new Block Model N N © SGS SA 2016 ALL RIGHTS RESERVED 18
Slide 19: 2014 Ted Vein versus 2022 Ted Vein
2014 Ted Vein versus 2022 Ted Vein N N Eight additional drill hole intercepts since 2014 © SGS SA 2016 ALL RIGHTS RESERVED 19
Slide 20: Ted Vein with new Block Model
2022 Ted Vein with new Block Model N N © SGS SA 2016 ALL RIGHTS RESERVED 20
Slide 21: 2014 Diorite Model
2014 Diorite Model Tommy Vein N Diorite Sill Ted Vein Mint Vein © SGS SA 2016 ALL RIGHTS RESERVED 21
Slide 22: 2022 Diorite Model
2022 Diorite Model Tommy Vein N Diorite Sill Ted Vein Mint Vein © SGS SA 2016 ALL RIGHTS RESERVED 22
Slide 23: Block Model with Pits
2022 Block Model with Pits N Tommy Pit Ted Pit Mint Pit © SGS SA 2016 ALL RIGHTS RESERVED 23
Slide 24: Block Model with Pits and Diorite
2022 Block Model with Pits and Diorite Tommy Pit N Diorite Sill Mint Pit Ted Pit © SGS SA 2016 ALL RIGHTS RESERVED 24
Slide 25: Block Model cut to Pit Surfaces
2022 Block Model cut to Pit Surfaces Tommy Pit N Ted Pit Mint Pit © SGS SA 2016 ALL RIGHTS RESERVED 25
Slide 26: Block Model cut to Pit Surfaces
2022 Block Model cut to Pit Surfaces N Tommy In-Pit Resource Ted In-Pit Resource Mint In-Pit Resource © SGS SA 2016 ALL RIGHTS RESERVED 26
Slide 27: WWW.SGS.COM
WWW.SGS.COM WHEN YOU NEED TO BE SURE -SGS"
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