Independence Project Next Series Of Drill Results

VANCOUVER - Golden Independence Corp. reported the next 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 three reverse circulation (RC) holes targeting the main oxide zone include: 1.01 g/t gold and 7.3 g/t silver over 210 feet (64.0 meters) including 1.37 g/t gold and 9.8 g/t silver over 140 feet (42.7 meters), and including 3.29 g/t gold and 21.0 g/t silver over 45 feet (13.7 meters); 0.25 g/t gold and 3.2 g/t silver over 215 feet (65.5meters), and 0.51 g/t gold and 13.7 g/t silver over 30 feet (9.7 meters); and 0.46 g/t gold and 5.0 g/t silver over 40 feet (12.2 meters).

“These three holes continue to firm up the main oxide zone, and also show indications of additional mineralized zones at downhole depths of 850 to 900 feet (259 to 274 meters), including 0.51 g/t gold and 13.7 g/t silver over 30 feet and 0.46 g/t gold and 5.0 g/t silver over 40 feet," said, President, Tim Henneberry. "The Company will follow up on these deeper initial intersections in the up-coming Phase II program, anticipated to commence in early Q2.”

"Hole AGEI-33 returned 210 feet grading 1.01 g/t gold and 7.3 g/t silver from surface," noted CEO, Christos Doulis. "This hole was drilled in the center of the Independence property and of particular note is the 45 foot interval grading 3.3 gpt gold and 21 gpt silver at the bottom of the hole supporting our model that vertical fracture structures have enriched portions of the near surface oxide material with higher grades.”