Vancouver, British Columbia – June 23, 2021 – Golden Independence Mining Corp. (CSE: IGLD.CN) (OTCQB:GIDMF)  (FRA:6NN) (the “Company”) is pleased to announce results from the initial six drill holes of the recently completed 12 hole 7,425 foot Phase II RC drill program at the Independence project, south of Battle Mountain, Nevada. 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:

• 66 g/t gold and 7.2 g/t silver over 195 feet (59.4 metres)
  • including 1.89 g/t gold and 6.9 g/t silver over 50 feet (15.2 metres)
• 68 g/t gold and 5.0 g/t silver over 150 feet (45.7 metres)
  • including 1.52 g/t gold and 8.0 g/t silver over 45 feet (13.7 metres)

“The highlight results above 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.” commented Golden Independence President Tim Henneberry.

“Golden Independence continues to intercept both plus half-gram plus gold and higher-grade material in the main oxide gold zone.” stated Golden Independence CEO Christos Doulis. “The results of all 12 holes from our recently completed Phase II RC drill program will be incorporated into a resource update as part of an upcoming PEA on the 537,300 ounces of gold in the Measured and Indicated categories and 147,300 ounces of gold in the Inferred category that make up the near-surface portion of our recently released maiden NI 43-101 compliant Mineral Resource Estimate. ” he continued.

Table 1. 2021 Reverse Circulation Drill Results

All assay results are drill widths not true widths, which is undetermined at this time.

Quality assurance

All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are 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. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Based on a review of the QA/QC data is not aware of any other factors that could materially affect the accuracy or reliability of the data referred to herein

1. Tim Henneberry, PGeo (British Columbia), President and Director of Golden Independence Mining Corp., is the qualified person who has reviewed and approved the technical content of this news release on behalf of the company.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence property located adjacent to Nevada Gold Mine’s Phoenix-Fortitude mine in the Battle Mountain-Cortez Trend of Nevada. The Independence property hosts a M&I resource of 537,300 ounces of gold and Inferred resource of 943,500 ounces of gold with a substantial silver credit. The Company is actively advancing the near-surface resource towards a production decision with a PEA anticipated in late 2021.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

source:  Golden Independence Mining Corp.

Vancouver, BC – May 19, 2021 – Golden Independence Mining Corp. (CSE: IGLD) (OTCQB:GIDMF)  (FRA:6NN) Golden Independence Mining Corp. (“Golden Independence”) or (the “Company”) is pleased to announce its maiden  National Instrument 43-101 (NI 43-101) compliant Mineral Resource Estimate (“MRE”) for the Company’s flagship Independence project located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

The MRE incorporates over 125,000 feet of RC and core drilling in 234 holes, outlining both a near surface and an underground resource. The Company is actively advancing the near surface portion of the MRE towards a Preliminary Economic Assessment anticipated by year-end 2021. Highlights of the MRE include:

• Near Surface Resource: Measured & Indicated Total Resource of 537,300 ounces of gold and 8.1 million ounces of silver plus an Inferred Total Resource of 147,300 ounces of gold and 1.2 million ounces of silver.
• Underground Resource: Inferred Resource of 796,200 ounces of gold.

“We are very pleased with the maiden NI 43-101 compliant resource for our Independence property which totals 537,300 gold ounces in M&I plus 943,500 gold ounces in Inferred with a substantial silver credit.” commented Christos Doulis, CEO. “This MRE, the near surface component of which will provide the foundation for a Preliminary Economic Assessment anticipated later this year, represents the first step in a transformational year for the Company as we rapidly advance the Independence project towards a production decision. In addition, our current drill program is focused on delineating additional near-surface mineralized material, including in the area of the recent high grade near surface discovery reported in hole AGEI-32, for a future resource update.” he concluded.

The Company commenced an 8,000-foot reverse circulation (RC) drill program in late April focused on expanding the near-surface high-grade oxide mineralization encountered in hole AGEI-32 (see news release dated March 16, 2021) and in delineating additional resources in the relatively sparsely drilled northern portion of the Independence project.

The resource estimate was completed by James Ashton of Dyer Engineering with an effective date of May 17, 2021 and complies with National Instrument 43-101 and guidelines developed in 2014 by the Canadian Institute of Mining and Metallurgy (“CIM”). In accordance with NI 43-101, a Technical Report will be filed on SEDAR within 45-days of this release.

Table 1: Independence Project – Mineral Resource Estimate

Notes to Mineral Resource Estimate:

1. Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, changes in global gold markets or other relevant issues. The CIM definitions (2014) were followed for classification of Mineral Resources. The quantity and grade of reported inferred Mineral Resources in this estimation are uncertain in nature ‎and there has been insufficient exploration to define these inferred Mineral Resources as an ‎indicated Mineral Resource. It is probable that further exploration drilling will result in upgrading them to an ‎indicated or measured Mineral Resource category.
2. The Mineral Resource Estimate incorporates over 125,000 feet of reverse circulation and core drilling in 234 holes, and outlines both a near surface and an underground resource. The near surface mineralization is primarily based on the reverse circulation drilling, while the underground mineralization is based entirely on core drilling.
3. The resource was prepared by James Ashton, P.E., an independent QP, with an effective date of May 17, 2021.
4. The mineral resources are unconstrained and presented at an undiluted 0.20 g/t gold cut-off grade which represents mineralization that is potentially available for open-pit mining and heap-leach processing. There are sulfides present at depth in the near surface mineralization. The Company is undertaking metallurgical studies to define the redox boundary.
5. Underground mineralization resources were quantified based on deep tabular solids representing potentially underground mineable lenses.
6. Gold equivalent values are based on a silver to gold ratio of 70:1
   

Qualified Person

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, PGeo (B.C.), a director and president of Golden Independence Mining and a qualified person under National Instrument 43-101.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence property located adjacent to Nevada Gold Mine’s Phoenix-Fortitude mine in the Battle Mountain-Cortez Trend of Nevada. The Independence property hosts a M&I resource of 537,300 ounces of gold and Inferred resource of 943,500 ounces of gold with a substantial silver credit. The Company is actively advancing the near-surface resource towards a production decision with a PEA anticipated in late 2021.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

This press release contains forward-looking information (within the meaning of applicable Canadian securities legislation) that involves various risks and uncertainties regarding future events. Such forward-looking information includes statements based on current expectations involving a number of risks and uncertainties and such forward-looking statements are not guarantees of future performance of the Company, and include, without limitation, statements regarding completion of the Private Placement. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information in this news release, including without limitation, the following risks and uncertainties: (i) the risk that the Canadian Securities Exchange will not accept the terms of the Private Placement; (ii) the risk that the Company will not be able to locate suitable purchasers for the Private Placement; and (iii) management’s discretion regarding the use of proceeds. Actual results and future events could differ materially from those anticipated in such information. This forward-looking information is based on estimates and opinions of management on the date hereof and is expressly qualified by this notice. Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure materials filed with the securities regulatory authorities in Canada at www.sedar.com. The Company assumes no obligation to update any forward-looking information or to update the reasons why actual results could differ from such information unless required by applicable law.

SOURCE:  Golden Independence Mining Corp.

Vancouver, BC – April 15, 2021 – Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD) (FRA:6NN) (the “Company”) is pleased to announce the final 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 consist of three of four holes targeting the main oxide zone and one wildcat exploration hole and include:

• 59 g/t gold and 8.3 g/t silver over 240 feet (73.2 metres)
  • including 1.23 g/t gold and 15.6 g/t silver over 55 feet (16.8 metres)
• 78 g/t gold and 46.1 g/t silver over 140 feet (42.7 metres)
  • including 2.02 g/t gold and 21.9 g/t silver over 15 feet (4.6 metres)

“Results from these holes, including the last three holes targeting the main oxide horizon in the Phase I program, include 1.23 g/t gold and 15.6 g/t silver over 55 feet, within a longer 240 foot interval of 0.59 g/t gold and 8.3 g/t silver extending the zone to depth to the west.” commented Golden Independence President Tim Henneberry. “All results from the Phase I RC program have now been released. Phase II will commence shortly and focus on further resource expansion along with follow up of the significant intersections in holes AGEI-32 and AGEI-47.” he concluded.

“Golden Independence has completed 36 RC holes as well as 5 core holes since acquiring the Independence project.  Results from these holes combined with results from 56 previously drilled RC holes not included in the 2010 Historical Resource will be used to generate a new expanded NI 43-101 compliant resource for the project expected later this quarter, a significant milestone for the Company.” stated Golden Independence CEO Christos Doulis. “Delineation of additional near surface high grade material such as that encountered in hole AGE-32 will be a significant focus of our next drill campaign at the Independence project.” he continued.

https://goldenindependence.co/docs/GI-2020_DrillMap_AGEI_35-37-48.pdf

Table 1. 2020 Reverse Circulation Drill Results

All assay results are drill widths not true widths, which is undetermined at this time.

https://goldenindependence.co/docs/Crossection_AGEI-35.pdf

https://goldenindependence.co/docs/Crossection_AGEI-36-37.pdf

Quality assurance

All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are 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. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Based on a review of the QA/QC data is not aware of any other factors that could materially affect the accuracy or reliability of the data referred to herein

1. Tim Henneberry, PGeo (British Columbia), President and Director of Golden Independence Mining Corp., is the qualified person who has reviewed and approved the technical content of this news release on behalf of the company.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependen

Vancouver, British Columbia – March 3, 2021 – Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD) (FRA:6NN) (the “Company”) is pleased to announce 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 three reverse circulation (RC) holes include:

• 454 g/t gold and 5.8 g/t silver over 120 feet (36.6 metres)
  • and 1.043 g/t gold and 2.8 g/t silver over 40 feet (12.2 metres)
• 314 g/t gold and 5.6 g/t silver over 270 feet (82.3 metres)
  • including 1.473 g/t gold and 23.3 g/t silver over 20 feet (6.1 metres)
• 274 g/t gold and 3.6 g/t silver over 405 feet (123.4 metres)
  • including 0.475 g/t gold and 3.4 g/t silver over 70 feet (12.3 metres)

“These are the first of a series of Golden Independence holes testing the intrusive at the north end of the property.” commented Golden Independence President Tim Henneberry. “While the oxides grades in the intrusive are a little lower than the chert, we continue to intersect good long intervals of continuous lower grade mineralization with shorter higher-grade intervals. The deeper intersection in AGEI-23 of 1.043 g/t gold between 640 and 680 feet is significant as it is suggesting a potential deeper mineralized zone.” he continued. “We continue to expand the mineralized footprint at Independence as we work toward a mid H1 new resource estimate.” he concluded.

“While gold grades are a little lower in the intrusive, the project continues to return significant lengths of mineralized material from surface.” noted Golden Independence CEO Christos Doulis. “These results continue to support our belief that we will be able to significantly expand the historic oxide resource at the Independence project in the near term.”

https://goldenindependence.co/docs/GI-2020_DrillMap_AGEI_22-24.pdf

Table 1. 2020 Reverse Circulation Drill Results

All assay results are drill widths not true widths, which is undetermined at this time.

https://goldenindependence.co/docs/CrossSection_AGEI-22-24.pdf

Quality assurance

All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are 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. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Based on a review of the QA/QC data is not aware of any other factors that could materially affect the accuracy or reliability of the data referred to herein

1. Tim Henneberry, PGeo (British Columbia), President and Director of Golden Independence Mining Corp., is the qualified person who has reviewed and approved the technical content of this news release on behalf of the company.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

SOURCE:  Golden Independence Mining Corp.

Vancouver, BC – February 23, 2021 – Golden Independence Mining Corp. (CSE: IGLD) (OTCQB:GIDMF, FRA:6NN) (the “Company”) is pleased to announce 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 three reverse circulation (RC) holes include:

• 845 g/t gold and 92 g/t silver over 130 feet (39.6 metres)
  • including 1.436 g/t gold and 179.5 g/t silver over 65 feet (19.8 metres)
  • including 3.318 g/t gold and 581.6 g/t silver over 15 feet (4.6 metres)
  • and including 1.274 g/t gold and 50 g/t silver over 20 feet (7.6 metres)
• 521 g/t gold and 4.7 g/t silver over 165 feet (50.3 metres)
  • including 0.697 g/t gold and 7.0 g/t silver over 65 feet (19.8 metres)
• 438 g/t gold and 8.7 g/t silver over 170 feet (51.8 metres)
  • including 1.287 g/t gold and 20.8 g/t silver over 15 feet (4.6 metres)
  • and 0.746 g/t gold and 23.9 g/t silver over 20 feet (6.1 metres)

“These are three of four holes testing the oxide resource to depth which also include a nice surprise of a higher grade pocket with significant silver” commented Golden Independence President Tim Henneberry. “Long intervals of + 0.5g/t gold with higher grade intervals and some high grade pockets continue to confirm and expand the historic oxide resource,” he continued.

“This third set of assay results further supports 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. “In addition to significant higher grade gold intercepts, recent drill results such as hole AGEI-28, demonstrate the Independence project’s potential to host significant silver mineralization as well.”

http://goldenindependence.co/docs/GI-2020_DrillMap_AGEI_26-30.pdf

Table 1. 2020 Reverse Circulation Drill Results

All assay results are drill widths not true widths, which is undetermined at this time.

https://goldenindependence.co/docs/CrossSection_AGEI-26-30.pdf

Quality assurance

All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are 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. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Based on a review of the QA/QC data is not aware of any other factors that could materially affect the accuracy or reliability of the data referred to herein

1. Tim Henneberry, PGeo (British Columbia), President and Director of Golden Independence Mining Corp., is the qualified person who has reviewed and approved the technical content of this news release on behalf of the company.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

SOURCE:  Golden Independence Mining Corp

Vancouver, BC – January 27, 2021 – Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD) (FRA:6NN) (the “Company”) is pleased to announce further 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 include:

• 21 g/t gold and 13.2 g/t silver over 60 feet (18.3 metres)
• 61 g/t gold and 10.3 g/t silver over 20 feet (6.1 metres)
• 53 g/t gold and 6.1 g/t silver over 115 feet (35.1 metres)
• 49 g/t gold and 4.7 g/t silver over 185 feet (56.4 metres)

“The second set of assay results include a significant 60 foot interval of +2 g/t gold,” commented Golden Independence President Tim Henneberry. “The results from the first 7 holes have met Company expectations, verifying the historic results with longer intervals of +0.5 g/t gold along with some good intervals grading 1 to 2 g/t gold. These results continue to expand the mineralized footprint at Independence and the historic oxide resource.” he continued.

“This second set of assay results further supports 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. “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.”

https://goldenindependence.co/docs/GI-2020_DrillMap_AGEI_16-19.pdf

Table 1. 2020 Reverse Circulation Drill Results

All assay results are drill widths not true widths, which is undetermined at this time.

https://goldenindependence.co/docs/CrossSection_AGEI-16-19.pdf

Quality assurance

All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are 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. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Based on a review of the QA/QC data is not aware of any other factors that could materially affect the accuracy or reliability of the data referred to herein

Tim Henneberry, PGeo (British Columbia), President and Director of Golden Independence Mining Corp., is the qualified person who has reviewed and approved the technical content of this news release on behalf of the company.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

SOURCE:  Golden Independence Mining Corp.

Vancouver, BC – January 21, 2021 – Golden Independence Mining Corp. (CSE: IGLD) (OTCQB:GIDMF) (FRA:6NN) (the “Company”) is pleased to announce initial drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Results from the first 3 reverse circulation (RC) holes drilled include:

• 45 g/t gold and 3.3 g/t silver over 110 feet (33.5 metres) including 1.11 g/t gold and 7.8 g/t silver over 20 feet (6.1 metres)
• 57 g/t gold and 3.1 g/t silver over 55 feet (16.8 metres)
• 42 g/t gold and 6.8 g/t silver over 80 feet (24.4 metres)

“The initial assay results fall in range with Company expectations and historic results,” commented Golden Independence 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,” he continued.

“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.”

https://goldenindependence.co/docs/GI-2020_DrillMap_AGEI_13-15.pdf

Table 1. 2020 Reverse Circulation Drill Results

All assay results are drill widths not true widths, which is undetermined at this time.

https://goldenindependence.co/docs/CrossSection_AGEI-15.pdf

Quality assurance

All samples were shipped to the ALS Minerals prep lab in Elko, Nevada with analyses completed at the ALS Minerals Lab in Reno, Nevada. Both facilities are ISO 9001:2015 and ISO/IEC 17025:2017 certified. All samples are 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. ALS Minerals is independent from Golden Independence. Golden Independence institutes a rigorous QA/QC program of duplicate samples, blanks and standards. Based on a review of the QA/QC data is not aware of any other factors that could materially affect the accuracy or reliability of the data referred to herein

1. Tim Henneberry, PGeo (British Columbia), President and Director of Golden Independence Mining Corp., is the qualified person who has reviewed and approved the technical content of this news release on behalf of the company.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

SOURCE:  Golden Independence Mining Corp.

Vancouver, BC – January 7, 2021 – Golden Independence Mining Corp. (CSE: IGLD, OTCQB:GIDMF, FRA:6NN) (the “Company”) is pleased to provide an update on drilling progress at the Company’s flagship Independence project located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

Drill Program Update

Golden Independence has completed its 2020 resource expansion drill program at the Company’s Independence project. A total of 23 reverse circulation (RC) holes were drilled with the objective of confirming the historic resource and expanding the areas of known mineralization. Assays from the recently completed drill program are being integrated with data from the 56 recently released historic RC drill holes (see News Releases dated December 9^th, 2020 and December 15^th, 2020), to produce an NI 43-101 compliant resource estimate for the Independence project anticipated in Q1 2021. Figure 1 provides a plan view of the location of the RC drill hole collars that will be incorporated into the resource update.

Concurrent with the Q1 2021 NI 43-101 resource calculation, drilling is continuing with a 6,000-foot RC drill program targeting the extension of both known oxide and gold skarn mineralization in addition to testing the gold skarn mineralization’s depth from surface. The Company also intends to drill three to five diamond core (DC) holes in early 2021 for geotechnical and engineering purposes.

“With the completion of our 2020 drill program, our next step is to table an NI 43-101 compliant resource for the Independence project in early 2021 as we advance to a PEA in the second half of this year” commented Golden Independence CEO Christos Doulis. “We believe the integration of both the 23 holes drilled in 2020 plus the 56 historic holes should result in a significantly expanded resource estimate at the Independence project.”

Figure 1: Plan View Showing Drill Collar Locations

Click here for a full-size map

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, PGeo (B.C.), a director and president of Golden Independence Mining and a qualified person under National Instrument 43-101.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

SOURCE:  Golden Independence Mining Corp.

Vancouver, BC – December 15, 2020 – Golden Independence Mining Corp. (CSE: IGLD) (OTCQB:GIDMF) (FRA:6NN) (the “Company”) is pleased to announce additional drill results from previously-unreleased holes completed on the Independence project subsequent to the 2010 Historical Resource Estimate (the “Historical Resource”). These results are from 12 reverse circulation (RC) holes drilled in 2017 by a previous operator. These 12 RC holes, in addition to the 44 holes announced on December 9^th, 2020, were not available for the Historical Resource but will be included in the upcoming resource update, anticipated in Q1/21, as will the RC holes from the Company’s ongoing drill program.

Assay Highlights:

• 270 feet grading 1.10 g/t gold in hole AGEI-02 including 5 feet grading 10.00 g/t gold
• 160 feet grading 0.79 g/t gold in hole AGEI-08
• 90 feet grading 1.24 g/t gold in hole AGEI-04 including 5 feet grading 5.26 g/t gold

“Along with further expansion of the oxide mineralization, several of these 12 drill holes intersected significant widths of structurally hosted gold mineralization beneath the oxides.” commented Golden Independence CEO Christos Doulis. “We will integrate results from the 56 recently released historic drill holes with the 20 to 22 drill holes from our ongoing drill program into our upcoming resource update which should significantly expand the historic oxide resource at the Independence project.”

Figure 1: Plan View Showing Drill Collar Locations

Click here for a full-size map

Figure 2: Summary Drill Highlights

These historic drill highlights are for down hole widths and have not been converted to true width, which is unknown at this time. All samples are 5-foot width with larger intervals weight averaged. Fire assay with AA finish analyses were completed by ALS Minerals of Reno, Nevada. Over limits (+10 ppm Au or +100 ppm Ag) were re-fire assayed with gravimetric finish.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo. (BC), a Director and President of Golden Independence Mining Corp. and a Qualified Person under National Instrument 43-101.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

SOURCE:  Golden Independence Mining Corp.

Vancouver, BC – December 9, 2020 – Golden Independence Mining Corp.  (CSE: IGLD) (OTCQB:GIDMF) (FRA:6NN) (the “Company”) is pleased to announce drill results from previously-unreleased holes completed on the Independence project subsequent to the 2010 Historical Resource Estimate (the “Historical Resource”). These highlight assay results are from 44 reverse circulation (RC) holes drilled between 2009 and 2010 by a previous operator. These 44 RC holes were not available for the Historical Resource but will be included in the upcoming resource update in Q1/21 in addition to RC holes from the Company’s ongoing drill program.

Assay Highlights:

• 155 feet grading 3.94 g/t gold in hole GM-128 including 5 feet grading 99.33 g/t gold
• 45 feet grading 9.52 g/t gold in hole GM-127 including 10 feet grading 33.84 g/t gold
• 180 feet grading 1.20 g/t gold in hole GM-088 including 10 feet grading 7.65 g/t gold
• 100 feet grading 1.63 g/t gold in hole GM-103 including 10 feet grading 8.52 g/t gold
• 85 feet grading 1.88 g/t gold in hole GM-111 including 5 feet grading 5.01 g/t gold

“These 44 drill holes expanded the oxide mineralization both to the north and at depth as well as highlighted higher-grade zones within it,” commented Golden Independence CEO Christos Doulis. “We anticipate the inclusion of these historic holes along with our ongoing drilling will result in a significant increase in the historic oxide resource at the Independence project.”

Figure 1: Plan View Showing Drill Collar Locations

Click here for a full-size map

Figure 2: Summary Drill Highlights

These historic drill highlights are for down hole widths and have not been converted to true width, which is unknown at this time. All samples are 5-foot width with larger intervals weight averaged. Fire assay with AA finish analyses were completed by American Assay Lab of Reno, Nevada. Over limits (+10 ppm Au or +100 ppm Ag) were re-fire assayed with gravimetric finish.

The technical content of this news release has been reviewed and approved by R. Tim Henneberry, P.Geo. (BC), a Director and President of Golden Independence Mining Corp. and a Qualified Person under National Instrument 43-101.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

Christos Doulis, Chief Executive Officer

Telephone: 1.647.924.1083 Email: christos@goldenindependence.co

Source: Golden Independence Mining Corp.

Vancouver, BC  –October 15, 2020 – Golden Independence (CSE: IGLD) (FRA:6NN) (the “Company”) is pleased to announce the drill program has commenced on its Independence Gold project in Battle Mountain, Nevada (the “Independence Property”).

New Frontier Drilling LLC of Reno, Nevada, contracted to complete the drill program, collared the first drill hole on October 11^th, 2020. The 12,000-foot Phase 1 diamond and reverse-circulation drilling program, is fully-funded through the Company’s recently-completed oversubscribed $4 million private placement. The Company is currently permitted to drill in excess of 160 holes from over 80 drill sites. The objective of the drill program remains to confirm the historic resource to current and expand the areas of known mineralization, culminating in a resource estimate anticipated in early 2021.

Figure 1: Drill Rig (foreground) with Nevada Gold Mines’ SXEW Copper Leach Pad, Mine Dump and Tailings Pond in Background

Source: Golden Independence

Tim Henneberry, CEO & Director, stated “We are excited to have drills turning at Independence, which will allow us to attain our corporate objective of delivering a resource estimate in Q1/2021. Given the strategic location of our Independence Property, within ~3,000 feet from Nevada Gold Mines’ Phoenix-Fortitude operation, we remain highly encouraged about the prospectivity of the project and the potential for further discoveries.”

Corporate Update

The Company is pleased to announce it has retained Digital257 Technologies Inc. (“Digital257”) to provide investor relations services to the Company, pursuant to a consulting agreement dated October 6^th, 2020.  Digital257 is a digital marketing firm specializing in investor audience growth and awareness.  Digital257 provides digital media and capital markets communications services and will assist the Company with online communications with the goal of increasing market awareness of the Company (the “Services”). In consideration for these Services the Company has agreed to pay Digital257 a fee of C$9,000 per month for a six-month period plus an initial set-up fee of C$10,000. To the knowledge of the Company Digital257 does not have any interest, directly or indirectly, in the Company or its securities or any right or intent to acquire such an interest.  The appointment of Digital257 is subject to TSX Venture Exchange approval.

On October 14, 2020, the Company granted stock options (“Options”) to purchase an aggregate of up to 1,125,000 common shares in the capital of the Company (“Common Shares’) for a period of five years with an exercise price set at the October 14, 2020 closing price of the Company’s shares. The options were granted to several of the Company’s directors, employees, and consultants.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

1. Tim Henneberry, Chief Executive Officer

Telephone: 1.250.715.5329 Email: t.henneberry@goldenindependence.co

Forward Looking Information

This press release contains forward-looking information (within the meaning of applicable Canadian securities legislation) that involves various risks and uncertainties regarding future events. Such forward-looking information includes statements based on current expectations involving a number of risks and uncertainties and such forward-looking statements are not guarantees of future performance of the Company, and include, without limitation, statements relating to plans and results of exploration and the magnitude and quality of the Independence Property, the Company’s near term exploration plans and the preparation of an updated mineral resource statement for the Independence Property. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information in this news release, including without limitation, the following risks and uncertainties; (i) risks inherent in the mining industry; (ii) regulatory and environmental risks; (iii) results of exploration activities and development of mineral properties and the risk that such results cause the Company to elect to terminate the Option Agreement; (iv) risks relating to the estimation of mineral resources; (v) stock market volatility and capital market fluctuations; and (vi) general market and industry conditions. Actual results and future events could differ materially from those anticipated in such information. This forward-looking information is based on estimates and opinions of management on the date hereof and is expressly qualified by this notice. Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure materials filed with the securities regulatory authorities in Canada at www.sedar.com. The Company assumes no obligation to update any forward-looking information or to update the reasons why actual results could differ from such information unless required by applicable law.

Source:  Golden Independence

Vancouver, BC – October 6, 2020 – Golden Independence Mining Corp (CSE: IGLD) (FSE: 6NN) (the “Company”) announces plans for a Q4 2020 exploration program at its Independence Gold project in Battle Mountain, Nevada (the “Independence Property”). The Company has secured the drilling contractor with a deposit and is securing additional support contractors. In addition, COVID19 protocols are being established and implemented.

The Phase 1 program, fully permitted for over 160 drill holes from over 80 sites, is expected to commence later this month. The initial program is currently budgeted for over 12,000 feet of diamond and reverse circulation drilling, along with concurrent resource modelling and permitting for an open-pit heap-leach production scenario. The drill program will focus on confirming the historic resource estimate to current and expand the areas of known mineralization which will culminate in a resource estimate anticipated in early 2021.

Tim Henneberry, CEO & Director, stated, “We are excited to have secured a drilling contract so quickly for the project given the high-demand for gold exploration at present. The data we aim to gather from the 12,000 feet of drilling, in in combination with the sixty-two holes drilled subsequent to the 2010 historic resource estimate, should allow us to advance the resource estimate significantly. Given the strategic location of our Independence Property, within ~3,000 feet from Nevada Gold Mines’ Phoenix-Fortitude operation, we remain highly encouraged about the prospectivity of the project and the potential for further discoveries.”

About Independence

The Independence property consists of 14 unpatented lode claims along with mill site mining claims totalling 960 acres and is located 0.5 miles (800 metres) southwest of the Nevada Gold Mines (Newmont/Barrick) Phoenix gold mine within Nevada Gold Mines’ Phoenix mine plan of operation boundary. Golden Independence has the option to acquire up to a 75% interest in the property, through a series of cash payments and work programs. Highlights include:

• Significantly advanced project with over $25 million in past exploration, including the drilling of over 200 holes, metallurgical test work and site development;
• Host to a 2010 historical estimate (see 2020-Aug-28 News Release).
• Fully permitted for the drilling of over 160 holes on 80 drill sites for resource expansion and development drilling.

About Golden Independence Mining Corp.

Golden Independence Mining Corp. is an exploration company currently focused on exploring the advanced-stage Independence Gold Property located in the Battle Mountain-Cortez Trend, Nevada and the Champ precious metal property near Castlegar, British Columbia. The Independence Gold Property benefits from over US$25 million in past exploration, including over 200 holes drilled, and is located adjacent to Nevada Gold Mines’ Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada.

FOR FURTHER INFORMATION PLEASE CONTACT:

R. Tim Henneberry,
Chief Executive Officer
Telephone: 1.250.715.5329
Email: t.henneberry@goldenindependence.co

Forward-Looking Information

This press release contains forward-looking information (within the meaning of applicable Canadian securities legislation) that involves various risks and uncertainties regarding future events. Such forward-looking information includes statements based on current expectations involving a number of risks and uncertainties and such forward-looking statements are not guarantees of future performance of the Company, and include, without limitation, statements relating to plans and results of exploration and the magnitude and quality of the Independence Property, the Company’s near term exploration plans and the preparation of an updated mineral resource statement for the Independence Property. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information in this news release, including without limitation, the following risks and uncertainties; (i) risks inherent in the mining industry; (ii) regulatory and environmental risks; (iii) results of exploration activities and development of mineral properties and the risk that such results cause the Company to elect to terminate the Option Agreement; (iv) risks relating to the estimation of mineral resources; (v) stock market volatility and capital market fluctuations; and (vi) general market and industry conditions. Actual results and future events could differ materially from those anticipated in such information. This forward-looking information is based on estimates and opinions of management on the date hereof and is expressly qualified by this notice. Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure materials filed with the securities regulatory authorities in Canada at www.sedar.com. The Company assumes no obligation to update any forward-looking information or to update the reasons why actual results could differ from such information unless required by applicable law.

Source:  Golden Independence Mining Corp