Phase II RC Drilling At Independence Project

VANCOUVER - Golden Independence Mining Corp. reported the Phase II reverse circulation (RC) drill program has commenced at the Independence project, south of Battle Mountain, Nevada. This program will focus on expanding the near surface high-grade oxide mineralization discovered in hole AGEI-32 and in delineating additional resources in the relatively sparsely drilled northern portion of the Independence project, following up on the significant results from the Phase I program, including: Hole AGEI-32 - 9.11 g/t gold and 25.2 g/t silver over 80 feet (24.4 meters) - including 12.06 g/t gold and 30.7 g/t silver over 60 feet (18.3 meters) - including 23.16 g/t gold and 49.8 g/t silver over 30 feet (9.1 meters); Hole AGEI-47 - 0.50 g/t gold and 3.5 g/t silver over 530 feet (161.5 meters) - including 1.05 g/t gold and 3.5 g/t silver over 160 feet (48.8 meters). All assay results are drill widths not true widths, which is undetermined at this time.

"The Phase I drill program met with considerable success, confirming the potential of the intrusive as a significant gold host," said, President Tim Henneberry. "The high-grade intercept in hole AGEI-32 also confirms the potential of the main oxide zone to host higher grade vein zones within the chert host," he continued. "These two targets will be the primary focus of this program along with expansion of the main oxide zone to depth to the west.”

The Phase II program will consist of approximately 8,000 feet of RC drilling in 10 to 15 holes. All samples will again be sent to the ALS Minerals prep lab in Elko, for final analysis at the ALS minerals lab in Reno. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples will be analyzed utilizing ALS ME-ICP41 procedure, an aqua regia digestion with ICP-AES finish, with gold determined by the Au-AA23 procedure, a 30-gram fire assay with AAS finish. Golden Independence will continue with its rigorous QA/QC program of duplicate samples, blanks and standards.