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THE CRITICAL INVESTOR NEWSLETTER # 137

Dear subscriber,

For a tiny market cap like Golden Independence it is no small feat to come out with a maiden resource estimate of 1.48Moz Au (1.61Moz AuEq) on their Independence Project in Nevada (US), which is above the high end of estimates. The company has spent enough cash on exploration to own a 51% interest at the moment, and although the drilling has been predominantly reverse circulation, the deposit seems to be very continuous, implying that infill drilling by diamond drilling doesn't have to be challenging. As Independence is very close to the Phoenix mine complex owned by Nevada Gold Mines, it could be a natural fit to existing operations. Read more about it here:

Golden Independence Mining Announces 1.5Moz Au Maiden Resource Estimate On Nevada Project

Regards,

The Critical Investor

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