Golden Independence is earning up to a 75% interest in the Independence project located south of Battle Mountain, Nevada. The Independence project hosts an NI 43-101 compliant near surface resource of 537,300 ounces in the M&I categories and 147,300 ounces in the Inferred category that the Company is advancing to a heap leach PEA scheduled for delivery prior to year-end 2021. The Independence property also hosts a potential world class underground skarn resource of 796,200 ounces of gold grading 6.5 g/t gold with significant expansion potential. Golden Independence’s property package is located completely within the permitted Plan of Operations for NGM's producing Phoenix mine allowing for expedited development of the heap leach portion of the project.