Independence Project Resource Expansion Drill Program Drill Results

VANCOUVER - Golden Independence Mining Corp reported the final series of 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 consist of three of four holes targeting the main oxide zone and one wildcat exploration hole and include: 0.59 g/t gold and 8.3 g/t silver over 240 feet (73.2 meters), including 1.23 g/t gold and 15.6 g/t silver over 55 feet (16.8 meters); and 0.78 g/t gold and 46.1 g/t silver over 140 feet (42.7 meters), including 2.02 g/t gold and 21.9 g/t silver over 15 feet (4.6 meters).

"Results from these holes, including the last three holes targeting the main oxide horizon in the Phase I program, include 1.23 g/t gold and 15.6 g/t silver over 55 feet, within a longer 240 foot interval of 0.59 g/t gold and 8.3 g/t silver extending the zone to depth to the west." said, President Tim Henneberry. "All results from the Phase I RC program have now been released. Phase II will commence shortly and focus on further resource expansion along with follow up of the significant intersections in holes AGEI-32 and AGEI-47."