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Providing coverage of Alaska and Northwest Canada's mineral industry
July 2016

Vol 21, No. 29 Week of July 17, 2016

Mining News: Northern Neighbors: Independence collects White Gold data

Independence Gold Corp. July 7 reported the completion of its phase-1 exploration program the Boulevard and Moosehorn projects in the White Gold District, Yukon Territory. This work included geologic mapping, prospecting and the collection of 1,056 soil samples on both gold properties. In addition, 527 meters of trenching was completed at Moosehorn, located near the Alaska border about 133 kilometers (83 miles) southwest of Dawson City. Results from this program will assist in refining drill targets for the second phase of Yukon exploration work, scheduled to begin in mid-July. In that phase, the company plans to complete 2,000 meters of reverse circulation drilling at the Denali and Sunrise-Sunset Zones at Boulevard, a project that lies along the southwest border of Kaminak Gold’s Coffee gold project. This drilling will follow-up on hole YCS15-03, which cut 4.25 grams per metric ton gold across 6.1 meters at Denali, and test a soil anomaly that defines the 2,300-meter-long Sunrise-Sunset zone. Additionally, Independence plans to complete 1,500 meters of rotary air blast drilling at the Hudbay zone of its newly optioned Rosebute gold property. Hudbay hosts three, north trending gold-in-soil anomalies, each greater than 1,000 meters long and 150 meters wide. Trenches completed by Taku Gold in 2012 intersected five meters of 6.2 g/t gold; 10 meters of 1.2 g/t gold; and 20 meters of 1.5 g/t gold at Hudbay.

-Shane Lasley






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