Business
Golden Independence Mining Announces Exploration Program for Napoleon Project
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2023) - Golden Independence Mining Corp. (CSE: IGLD) (OTCQB: GIDMF) (FSE: 6NNA) (the "Company" or "Golden

About this update from Nexus Uranium Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 9, 2023) - Golden Independence Mining Corp. (CSE: IGLD) (OTCQB: GIDMF) (FSE: 6NNA) (the \"Company\" or \"Golden Independence\") is pleased to announce the first phase exploration program planned for the Napoleon project located in the Kamloops Mining Division of British Columbia. The exploration program, which will be carried out by Tripoint Geological Services, will be comprised of a grid sampling program (approx. 800 samples), rock sampling and prospecting, in addition to a 70-line-kilometre property-wide airborne magnetic geophysical survey and a 5-line kilometre follow-up IP survey. \"We are excited to commence with the first phase of a planned multi-phase exploration program at the Napoleon project,\" commented Jeremy Poirier, CEO of Golden Independence. \"Given the significant infrastructure and year-round property access, we would be able to quickly advance the project on the back of a successful exploration program.\" The Napoleon property occurs along the same northwest trending erosional exposure through Chilcotin basalts as the Bonaparte Mine. The Bonaparte Mine, located to the southeast, is comprised of several en echelon high-grade gold-bearing quartz veins with similar intrusive rocks mapped within the Napoleon property. Exploration within the region dates back to the 1970's and 1980's with the discovery of gold mineralization in several clusters of quartz vein float material over a diorite intrusion with grades varying from 3.4 to 547 g/t gold1. The adjoining Bonaparte deposit has been extensively explored including underground development, open pit mining, and a bulk sampling which yielded grades of 26.5 g/t gold from a 3,700 metric tonne bulk sample2. Golden Independence cautions investors it has yet to verify the historical information and further cautions mineralization on the Bonaparte deposit is not necessarily indicative of similar mineralization on the Napoleon Gold Project. The technical content of this news release has been reviewed and approved by R. Tim Henneberry, PGeo (BC) a Qualified Person under NI43-101 and a Director and the President of Golden Independence Mining Corp. About Golden Independence Mining Corp. Golden Independence Mining Corp. is a development company currently focused on the development-stage Independence project located adjacent ...