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Golden Band Resources Inc GBRIF

Golden Band Resources Inc. is a Canada-based gold producer engaged in exploration, mine development and extraction of gold ores from its properties in the La Ronge Gold Belt in northern Saskatchewan and processing at its Jolu mill. It has assembled a land package in excess of 870 square kilometers (km2) that includes thirteen known gold deposits and four former producing mines, which were Star Lake, Decade, Komis and Jolu. The Company is mining at three deposits to feed the mill. These are Roy Lloyd, Greywacke and Golden Heart. Roy Lloyd mine is an underground mine extracting ore from the Bingo deposit. Golden Heart is located approximately nine kilometers east of the Komis mine and is accessible through a 17-kilometer mine road connecting to Highway 102 just north of Brabant Lake.


GREY:GBRIF - Post by User

Bullboard Posts
Comment by longtoothon Sep 22, 2011 4:56pm
217 Views
Post# 19073835

RE: RE:GBN ... yes 'longtooth' -

RE: RE:GBN ... yes 'longtooth' -here is what got away with Tartan Lake. there is a lot of high grade ore there and underground access to it. a possibility to fast tracking production at minimal cost is:

1.dewater the existing workings and start mining,
2. upgrade the existing site buildings,
3. make a deal with hudbay to back haul ore from Tartan to Snow Lake as they haul every day,
4. make a deal with alexis to mill the ore in Snow Lake,

done.

could be pouring gold in under 6 months at a record minimal development and operating cost.

also, lots of reservable high grade resource at Tartan Lake and big upside.

could have also been suplemental ore to the Jolu Mill if needed as the haul is long but possible.

that is what got away...
Bullboard Posts