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Golden Band Resources Inc GBRIF

Metals & Mining Gold
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

Golden Band Resources Inc
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Comment by fungi294fron Feb 19, 2012 10:22am
322 Views
Post# 19555465

RE: From our neighbor 'Claude' BB...

RE: From our neighbor 'Claude' BB...

That Bottles guy doesn't know what he is talking about. Great pump job but he should get his facts straight. 

Claude is no longer producing from a single mine at the 144 km2 Seabee project. Santoy 8 reached commercial production last year. As well, L62, 300m from Seabee, will be fast tracked to production this year.

Claude has also been posting very good results from the Santoy Gap between Santoy 8 and Santoy 7.

Claude is increasing the mill capacity from 900 to 1250 tpd. Production guidance will increase from it's 20 standard of 45,000 oz/yr to 50,000 oz/yr.

I agree that Claude is an excellent value at current levels.

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