Golden Independence Mining has launched its campaign on the Investing News Network
Golden Independence Mining (CSE:IGLD, OTC:GIDMF, FRA:6NN) focuses on rapidly expanding the existing historic oxide resource and advancing it to heap leach production at its flagship advanced-stage Independence project in the prolific mining state of Nevada. The project has seen over US$25 million in expenditures from previous operators, including the drilling of over 200 holes, numerous metallurgical bulk samples, as well as site permitting and development work, culminating in a 2010 historic resource of over a million ounces of gold.
Golden Independence’s Company Highlights
Golden Independence is developing its Independence project in Nevada, located completely within the previously permitted plan of operations for the Phoenix Mine operated by NGM, a joint venture between Newmont Mining (TSX:NGT) and Barrick Gold (TSX:ABX).
Golden Independence Mining (CSE:IGLD, OTC:GIDMF, FRA:6NN) Investor Overview
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Golden Independence: Advancing Exceptional Nevada Gold Resources
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PALM BEACH, Fla, April 15, 2021 /PRNewswire/ Experts are saying that after a record year, gold is bound to see more gains in the medium and long-term. Gold performed well in the pandemic. The biggest drivers that will support gold as the world reopens include sovereign and private sector debts, deficits, and ultra-loose monetary policies. Governments around the world will struggle to reverse the fiscal policies introduced as a response to the pandemic, said the CPM Group, citing lackluster economic growth in coming years. In an article by Kitco News, discussing CPM s Gold Yearbook, said that: The pandemic has changed the world, making some of the existing problems even worse and setting gold up to benefit… While the pandemic will eventually pass, it has left the world changed and has in fact compounded and worsened some of the factors that are supportive of gold prices, the CPM Group said. This scenario positions gold well for further
Golden Independence Announces Close of Private Placement Financing
Golden Independence Mining Corp. announces it completed the previously-announced non-brokered private placement for gross proceeds of $2,800,000 .The financing resulted in the issuance of 11,200,000 units at a price of $0.25 per Unit. Each Unit is comprised of one common share and one-half of one common share purchase warrant . Each Warrant entitles the holder to purchase one additional common share of the Company …
Golden Independence Mining Corp. (CSE: IGLD) (OTCQB: GIDM) (FSE: 6NN) (the “Company” or “IGLD”) announces it completed the previously-announced non-brokered private placement for gross proceeds of $2,800,000 (the “Private Placement”).
The financing resulted in the issuance of 11,200,000 units (each a “