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Independence Group NL is focused on creating shareholder wealth through the discovery of large high-grade gold or nickel deposits.
The Company has identified and acquired an interest, or right to earn an interest, in numerous prospective projects.
In September 2002 the Company acquired the Long Nickel Mine, and became a nickel producer in October 2002. This operation is providing a substantial cash flow to the Company, which enables Independence to invest in exploration as well as provide funding for future growth.
The Company also owns 30% of the Tropicana Gold Project. AngloGold Ashanti holds 70% interest and is Manager of the joint venture. A Bankable Feasibility Study on the +5M gold ounce project is in progress. |