NEWS ANNOUNCEMENT FOR IMMEDIATE RELEASE Shareholder

N E W S R E L E A S E

October 31, 2022

NEWS ANNOUNCEMENT FOR IMMEDIATE RELEASE

Shareholder News Release

In accordance with the requirements of Section 3.1 of National Instrument 62- 103, William Matlack

announces that he has acquired 769,000 common shares (the “Shares”) of Golden Independence

Mining Corp. (“Golden Independence”), of 503 – 905 West Pend er Street, Vancouver, BC V6C 1L6

through the facilities of the Canadian Securities Exchange, NEO ATS, Omega ATS, CXC ATS, and

CX2 ATS (the “Transaction”). Mr. Matlack now owns or has control of 6,791,500 Shares of Golden

Independence, or approximately 10.83% of the current issued and outstanding Shares of Golden

Independence.

Immediately prior to the Transaction, Mr. Matlack held 6,022,500 Shares representing

approximately 9.60% of the issued an d outstanding Shares of Gold en Independence. Immediately after

the Transaction, Mr. Matlack held 6,791,500 common shares representing 10.83% of the issued and

outstanding common shares of Golden Independence.

Mr. Matlack acquired th e Shares for investment purposes and may acquire additional securities or

dispose of existing securities of Golden Independence, in the market or privately, from time to

time as circumstances warrant. The securities of Mr. Matlack set out above are held directly, and

not through control of another entity.

Golden Independence trades on the Canadian Securities Exchange under the symbol “IGLD”.

A copy of the early warning report filed by Mr. Matlack in connection with this acquisition is available on

the SEDAR website at www.sedar.com or by contacting Mr. Matlack at 646-841-2665.

/ s/ "William Matlack"

William Matlack