Phase II Drill Program At The Independence Project Completed

VANCOUVER - Golden Independence Mining Corp. reported the completion of Phase II reverse circulation (RC) drilling at the Independence project located in the Battle Mountain-Cortez trend of Nevada. The Phase II RC drill program consisted of 12 holes totaling 7,425 feet and focused on additional drilling near the recent high-grade discovery reported in hole AGEI-32 which returned 80 feet grading 9.1 g/t gold and 23.2 g/t silver, and on expanding known mineralization in the north of the project near hole AGEI-47 which returned 530 feet grading 0.5 g/t gold and 3.5 g/t silver from surface.

"Results from our recently completed drill program are anticipated over the course of the summer and will guide future exploration and resource expansion drilling at the Independence project," said, Christos Doulis, CEO. "We continue to expand the near surface mineralization at the Independence project and these results will be incorporated into a resource update as part of the Preliminary Economic Assessment scheduled for delivery by the end of 2021."