Source: Golden Independence Mining Corp.
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  • Golden Independence (IGLD) received an independent technical report for its Fraser Lake copper project near the Quesnel Trough of Central B.C.
  • The 9,900-hectare project is comprised of three claim blocks located between 40 to 55 kilometres northwest of Fraser Lake
  • Golden Independence acquired Fraser Lake by staking following up on historic exploration for porphyry copper and molybdenum associated with a series of Endako plutons intruding Cache Creek complex, carbonate, clastic, and volcanic rocks
  • Shares in Golden Independence (IGLD) are steady, trading at $0.41 per share as of 11:50 am ET

Golden Independence (IGLD) received an independent technical report for its Fraser Lake copper project near the Quesnel Trough of Central B.C.

The 9,900-hectare project is comprised of three claim blocks located between 40 to 55 kilometres northwest of Fraser Lake.

Golden Independence acquired Fraser Lake by staking following up on historic exploration for porphyry copper and molybdenum associated with a series of Endako plutons intruding Cache Creek complex, carbonate, clastic, and volcanic rocks.

The company engaged Mr. Warren Robb, P.Geo, an Independent Qualified Person, to review the historical exploration information, examine the property and design and recommend an exploration program. He confirmed the three anomalous areas, RCI, REI and SEZ, as exploration targets. He recommended a $225,000 program of soil geochemistry over each of them to test the geophysical anomalies for associated copper/molybdenum.

Golden Independence’s CEO, Jeremy Poirier, said that the tabling of an independent National Instrument (NI 43-101) Technical Report for the Fraser Lake property provides a baseline assessment of the exploration potential of the property.

“The project, located proximal to the prolific Quesnel Trough district of British Colombia, which is host to several large-scale active mines and projects, combined with its large land position and prospectivity to host copper porphyries and associated gold or molybdenum makes this a very attractive exploration project. The NI 43-101 report provides the foundation for our assessment of future exploration and development plans for the project, which would include both advancing directly and evaluating partnership opportunities to leverage exposure for shareholders.”

Golden Independence Mining is an exploration company engaged in the acquisition and exploration of mineral property assets.

Shares in Golden Independence (IGLD) are steady, trading at $0.41 per share as of 11:50 am ET.


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