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Golden Independence Mining Intersects 1.11 g/t Gold and 7.8 g/t Silver over 20 Feet at Independence Project
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2021) - Golden Independence Mining Corp. (CSE: IGLD) (OTCQB: GIDMF) (FSE: 6NN) (the "Company") is ple
About this update from Nexus Uranium Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - January 21, 2021) - Golden Independence Mining Corp. (CSE: IGLD) (OTCQB: GIDMF) (FSE: 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: 0.45 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) 0.57 g/t gold and 3.1 g/t silver over 55 feet (16.8 metres) 0.42 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.\" Figure 1 Table 1. 2020 Reverse Circulation Drill Results Hole ft from ft to ft length m length g/t gold g/t silver AGEI-13 360 440 80 24.4 0.42 6.8 AGEI-14 450 650 200 61.0 0.28 2.8 including 455 510 55 16.8 0.57 3.1 AGEI-15 5 20 15 4.6 0.41 3.2 AGEI-15 250 360 110 33.5 0.45 3.3 including 335 355 20 6.1 1.11 7.8 All assay results are drill widths not true widths, which is undetermined at this time. Figure 2 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 instit...