INDEPENDENCE GROUP NL

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Type: Public
Classification: Monitor

Stock Quote: ASX:IGO

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183 GREAT EASTERN HIGHWAY, SUITE 1
BELMONT
Western Australia
Australia, 6104
Phone: +61 (8) 9479 1777
Fax: +61 (8) 9479 1877

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Company Summary

Independence Group NL is engaged in the exploration, development and mining of gold or nickel deposits in Australia. The company owns the producing Long Nickel Mine at Kambalda in Western Australia.

Company News

Monday, November 16, 2009

Property: DUKETON

South Boulder Mines Ltd reports that Independence Group NL has confirmed that follow-up exploration drilling at the Rosie and C2 Nickel Sulphide Prospects commenced during the week starting 9th November 2009. Previous drilling has intersected a broad, robust first pass platinum/palladium/nickel/copper/gold signature over an approximate 350m strike length at the Rosie Prospect, with individual assays up to 8.23g/t Pt + Pd, 0.99% Cu and 1.4% Ni. Additionally at The C2 Prospect, numerous robust drill intercepts have been defined over a 700m strike length including individual assays up to 3.43% Ni and up to 2.46 g/t Pt+Pd.

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