$IGLD - Gold Sitting Comfortably Well Above $1800 Golden Independence is a junior exploration mining company with a project in 2 of the top/safest mining jurisdictions around the globe.
- Nevada-based Independence Project (their flagship), which mainly contains gold and silver in around 640 acres of land.
- MRE released in May returned some impressive results: Measured & Indicated Total Resource of 537,300 oz of gold and 8.1 million ounces of silver plus an Inferred Total Resource of 147,300 oz of gold and 1.2 million oz of silver, while the underground portion showed an Inferred Resource of 796,200 oz of gold
- 9.1g/t of gold and 25.2g/t of silver in over 80 as their top discovery
- Their other project is the Champ Project located in BC, Canada.
- A less explored but equally impressive historical results with grab sample highlights of 5.157 g/t and 3.353 g/t Au at the Dirty Jack and Champ showings
Tiny market cap of $14M, mix that in with gold sitting comfortably above $1800 things are looking pretty good for $IGLD. I‘ll be keeping an eye out for this one since they won't have any problems with an unstable government such as in Peru.