March 28 (Reuters) - Independence Group NL IGO.AX :
* INDEPENDENCE GROUP NL ANNOUNCES COMMITMENT TO DEVELOPMENT OF BOSTON SHAKER UNDERGROUND MINE AT TROPICANA GOLD MINE
* TROPICANA JOINT VENTURE (AGAA & IGO) HAS APPROVED DEVELOPMENT OF BOSTON SHAKER UNDERGROUND MINE
* BOSTON SHAKER UNDERGROUND DEVELOPMENT SCHEDULED TO START IN JUNE 2019 QUARTER; FIRST GOLD PRODUCTION EXPECTED DURING SEPT 2020 QUARTER
* FS ESTIMATED CAPITAL COST IS A$105 MILLION
* DEVELOPMENT TO ENABLE TROPICANA GOLD PRODUCTION TO BE MAINTAINED AT BETWEEN 450,000 TO 500,000 OUNCES PER ANNUM OVER 5 YEARS