Golden Band Resources Inc GBRIF

1 million ounces gold

[Hungry9]

This is from their 25 May 2005 News Release. Add in the new results and upcoming drill results and this number will be higher. ....The Company's long-term objective is production from its gold deposits in the Greater Waddy Lake area. These deposits currently have an existing indicated-category resource inventory that exceeds 1,000,000 ounces of gold (uncut; over 900,000 ounces, cut) with an open pitable grade of at least 1 to 3 g/t gold. This level of gold resources, located within a distance of a central mill, could potentially support a long-term mine-mill complex. It is expected that such a mill would likely require a capacity in excess of 2,000 tonnes per day, along with the construction of matching tailings facilities. A preliminary economic analysis (scoping study) is planned, the objective of which will be to outline the production potential from these deposits.