Independence Project Additional Drill Results Reported

VANCOUVER - Golden Independence Mining Corp. reported further drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Results from these four reverse circulation (RC) holes include: 2.21 g/t gold and 13.2 g/t silver over 60 feet (18.3 meters); 1.61 g/t gold and 10.3 g/t silver over 20 feet (6.1 meters); 0.53 g/t gold and 6.1 g/t silver over 115 feet (35.1 meters); and 0.49 g/t gold and 4.7 g/t silver over 185 feet (56.4 meters).

"The second set of assay results include a significant 60 foot interval of +2 g/t gold," said, President Tim Henneberry. "The results from the first 7 holes have met Company expectations, verifying the historic results with longer intervals of +0.5 g/t gold along with some good intervals grading 1 to 2 g/t gold. These results continue to expand the mineralized footprint at Independence and the historic oxide resource.”

"This second set of assay results further supports our belief that we will be able to significantly expand the historic oxide resource at the Independence project in the near term," remarked  CEO Christos Doulis. "We anticipate receiving assay results from an additional 20 RC holes recently drilled at the Independence project culminating in an NI 43-101 complaint resource for the Independence project at the end of the quarter."