Independence Project Initial Six Drill Holes Results

VANCOUVER – Golden Independence Mining Corp. reported that from the initial six drill holes of the recently completed 12 hole 7,425 foot Phase II RC drill program at the Independence project, six holes of the Phase II RC drill program targeted the main oxide gold zone and six holes targeted the intrusive gold target. Results for two holes from the main oxide zone and four holes from the intrusive gold target include: 0.66 g/t gold and 7.2 g/t silver over 195 feet (59.4 meters), including 1.89 g/t gold and 6.9 g/t silver over 50 feet (15.2 meters); and 0.68 g/t gold and 5.0 g/t silver over 150 feet (45.7 meters), including 1.52 g/t gold and 8.0 g/t silver over 45 feet (13.7 meters).

“The highlight are the first two of six holes testing the main oxide zone in the area of AGEI-32 from the Phase I RC drill program. As expected, we are seeing good long intervals in excess of 0.5 g/t gold with shorter +1 gram intervals within it: 195 feet of 0.66 g/t gold containing a shorter 50 foot interval of 1.89 g/t gold and 150 feet of 0.68 g/t gold containing a shorter 45 foot interval of 1.52 g/t gold,” said President Tim Henneberry.