Golden Independence Miningannounces that Christos Doulis has resigned as the Chief Executive Officer and a director of the Company effective January 20, 2022 to pursue other endeavours. Jeremy Poirier, a director of the Company, has been appointed as Interim Chief Executive Officer until a suitable permanent replacement is located. "Christos has been instrumental in the advancement of Independence Project and [...]
Golden Independence Mining Corp. is pleased to announce the results of a positive Preliminary Economic Assessment for the Company's flagship Independence Project which adjoins Nevada Gold Mines' Phoenix-Fortitude mining operations in the Battle Mountain-Cortez trend of Nevada. Independence PEA highlights include: After-Tax NPV5% of US$35 million with an IRR of 18% at US$1,700/oz gold and US$24/oz silver Significant [...]
Golden Independence Mining Corp. or is pleased to announce an updated National Instrument 43-101 compliant Mineral Resource Estimate 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 132,000 feet of RC and core drilling in 246 holes, outlining both a near surface and an [...]
Golden Independence Mining Corp. is pleased to announce it has formed the Joint Venture with Americas Gold Exploration Inc. to advance the Independence project located approximately twenty-five miles south of the town of Battle Mountain, Nevada. The Company entered into an option agreement on August 28, 2020 with AGEI to acquire an initial 51% interest in the Independence project subject to the following requirements [...]
Golden Independence Mining Corp. an exploration company focused on the development of its flagship advanced stage Independence property located adjacent to Nevada Gold Mine's Phoenix-Fortitude mine in the Battle Mountain-Cortez Trend of Nevada today announced the appointment of Mr. Jeremy Poirier to the Company's Board of Directors. Mr. Poirier brings nearly two decades of capital markets experience in the natural [...]
Golden Independence Mining and Hilo Mining are pleased to announce that they have completed their previously announced spin-out transaction involving common shares of Hilo. In accordance with the terms of the arrangement agreement between Golden and Hilo, 1,000,000 Hilo Shares have been distributed and holders of common shares of Golden received 01594764 of a Hilo Share for each common share of Golden held by such holder [...]
Golden Independence Mining is pleased to announce that the effective date for its previously announced "spin-out" of 1,000,000 common shares of Hilo Mining Ltd. is anticipated to Nov 12, 2021. As previously announced, Hilo and the Company entered into an arrangement agreement to complete a statutory plan of arrangement under the Business Corporations Act pursuant to which the Company transferred the Champ precious metals [...]
Golden Independence Mining Corp. is pleased to provide an update on the Preliminary Economic Assessment for the Independence project and to provide a general corporate update. "Golden Independence has made great strides over the past year at the Independence Project," stated Christos Doulis, CEO. "The retirement of the US$4 million cash bullet payment in January followed by the delivery of the project's maiden NI 43-101 [...]
Golden Independence Mining Corp. is pleased to announce the remaining drill results from its recently completed Phase II drill program at the Independence project, south of Battle Mountain, Nevada. The reverse circulation program targeted the main oxide gold zone as well as the intrusive gold target. Results for four holes from the main oxide zone include: 1.06 g/t gold and 8.9 g/t silver over 85 feet 0.76 g/t gold and [...]
Golden Independence Mining Corp. or is pleased to announce the filing of a National Instrument 43-101 technical report on SEDAR supporting the May 19, 2021 release of a maiden Mineral Resource Estimate 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, incorporating over 125,000 feet of RC and [...]
Golden Independence Mining Corp. 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 [...]
Golden Independence Mining Corp. is pleased to announce it has completed its previously announced non-brokered private placement financing and has issued 1,728,864 common shares at a price of $0.29 per common share for gross proceeds of $501,370.56. The Company intends to use the proceeds of the Private Placement for working capital. In connection with the Private Placement the Company has paid certain cash finder's fees [...]