Independence Project Intersections From Next Series Of Drill Program

VANCOUVER - Golden Independence Mining 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 four reverse circulation (RC) holes targeting the oxide intrusive include: 1.45 g/t gold and 13.0 g/t silver over 40 feet (12.2 meters), including 2.02 g/t gold and 36.3 g/t silver over 10 feet (3.0 meters); 0.49 g/t gold and 6.7 g/t silver over 270 feet (82.3 meters), including 0.70 g/t gold and 6.5 g/t silver over 90 feet (27.4 meters); 0.71 g/t gold and 4.2 g/t silver over 20 feet (6.1 meters); and 0.30 g/t gold and 2.3 g/t silver over 65 feet (19.8 meters), including 1.01 g/t gold and 7.0 g/t silver over 10 feet (3.0 meters).

"These four holes follow up on earlier results, including 0.45 g/t gold and 5.8 g/t silver over 120 feet and 0.62 g/t gold and 3.8 g/t silver over 255 feet, within the oxidized intrusive," said, President, Tim Henneberry. "These results continue to demonstrate good long intervals of continuous gold mineralization with shorter higher-grade intervals within the longer intercepts within the intrusive. The Company expects the oxide intrusive to be a key contributor to the upcoming H1 resource estimate.”

“Hole AGEI-39 returned 270 feet grading 0.49 g/t Au and 6.7 g/t over 270 feet from surface," said, CEO, Christos Doulis. "This hole was drilled in the north of the Independence property which has seen little previous drilling and where we expect significant resource growth relative to the Historical Resource.”