Additional Assay Results On Independence Project

VANCOUVER - Golden Independence Mining Corp. reported additional drill results from previously-unreleased holes completed on the Independence project subsequent to the 2010 Historical Resource Estimate. These results are from 12 reverse circulation (RC) holes drilled in 2017 by a previous operator. These 12 RC holes, in addition to the 44 holes announced on December 9th, 2020, were not available for the Historical Resource but will be included in the upcoming resource update, anticipated in Q1/21, as will the RC holes from the Company's ongoing drill program.

Assay Highlights: 270 feet grading 1.10 g/t gold in hole AGEI-02 including 5 feet grading 10.00 g/t gold; 160 feet grading 0.79 g/t gold in hole AGEI-08; and 90 feet grading 1.24 g/t gold in hole AGEI-04 including 5 feet grading 5.26 g/t gold.

"Along with further expansion of the oxide mineralization, several of these 12 drill holes intersected significant widths of structurally hosted gold mineralization beneath the oxides," said, CEO Christos Doulis. "We will integrate results from the 56 recently released historic drill holes with the 20 to 22 drill holes from our ongoing drill program into our upcoming resource update which should significantly expand the historic oxide resource at the Independence project."