Independence Project Intersections From First Three RC Holes
VANCOUVER - Golden Independence Mining Corp. reported (RC) holes drilled include: 0.45 g/t gold and 3.3 g/t silver over 110 feet (33.5 meters) including 1.11 g/t gold and 7.8 g/t silver over 20 feet (6.1 meters); 0.57 g/t gold and 3.1 g/t silver over 55 feet (16.8 meters); and 0.42 g/t gold and 6.8 g/t silver over 80 feet (24.4 meters)
"The initial assay results fall in range with Company expectations and historic results," said, President Tim Henneberry. "Longer intervals of + 0.5 g/t gold, containing sub-intervals of + 1 g/t gold meet the objective of expanding the mineralized footprint at Independence to increase the historic oxide resource.”
“These initial assay results support our belief that we will be able to significantly expand the historic oxide resource at the Independence project in the near term," remarked Golden Independence CEO Christos Doulis. "During Q1 2021, 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."