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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

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Post by fungi294fron Feb 24, 2012 11:38pm
420 Views
Post# 19584147

Here's some stuff on Golden Heart

Here's some stuff on Golden Heart

Boring reads about Golden Heart:
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00007862 Oct 2002 (long and boring below are some copy and pastes)
In January, 1997 S. B Butrenchuk, P.Geol., an independent qualified person, was
retained by Golden Rule and Tyler Resources to computerize all of the drill and analytical
data for the Weedy Lake property and to up-date the resource calculation. He defined
eleven mineralized zones: OZ-1 to OZ-4 [originally referred to as the B Zone, and now
as the Golden Heart Zone] are located above the B-Zone shear; FW, FW1, FW2, and
UFW are located in the footwall below the B-Zone shear and above the footwall shear.
HW#1, HW#2, and the Contact [or C] Zone are located in the hanging wall to the
northwest of the Main Zone. No tonnages are attributable to the original A, D, E, or F
Zones. Based on a tonnage factor of 2.8, an in situ, uncut, undiluted drill indicated
geological resource of 681,217 tonnes grading 10.11 g/t Au were calculated subdivided as follows:
HW#1* (hanging wall) 13.63 g/t 25,989 tonnes
HW#2* (hanging wall) 32.61 g/t 7,438 tonnes
Contact* (C zone) 13.77 g/t 96,475 tonnes
0Z1 (B zone) 7.84 g/t 110,809 tonnes
OZ2 (B zone) 9.33 g/t 282,800 tonnes
OZ3 (B zone) 6.83 g/t 39,352 tonnes
OZ4 (B zone) 5.79 g/t 8,284 tonnes
FW (footwall) 11.03 g/t 80,025 tonnes
FW1 (footwall) 8.48 g/t 27,070 tonnes
FW2 (footwall) 16.25 g/t 1,225 tonnes
UFW 4.07 g/t 1,750 tonnes
Originally, mineralization was described as occurring in two broad silicified envelope
zones referred to as OZ-1 and OZ-2
At least seven shear zones have been identified which have quartz veining and gold mineralization.
These mineralized shears pre-date the last movement on the Byers Fault and are sub-parallel to and
located on both sides of the fault.
Previous drill programs identified three quartz vein systems in the hanging wall. Two of these (HW#1 and
HW#2) occur within volcanic rocks The third quartz vein system (Contact) occurs at the dioritevolcanic contact. Here, a set of quartz veins is associated with a minor shear zone, 0.5 to 3.0 metres wide. The grade of this zone is similar to the HW#1 Zone but has more tonnage potential.
The northeast end of the Main Zone (OZ-1 to OZ-4) remains open at depth and there is good potential for
the discovery of additional tonnage. Most of the higher-grade, narrow shears and quartz veins remain
open both on strike and to depth and warrant further investigation by drilling
I note the recent upgrade of Golden Heart resources from inferred to indicated uses a figure of ~362,000 tonnes at 7.94 g/t which is fairly consistent with the ore grade of 7.84 g/t from OZ 1 of the main B zone. Note the tonnage of the new indicated and inferred resource estimate for Golden Heart is very close to the old OZA 1 and 2 tonnage.

https://www.goldenbandresources.com/images/GH-Plan-Map-24May11.pdf

Note the locations of the 2011 drill holes and that north is not straight up on the map. Also note the drill holes are within 25m spacing.

https://www.ir.gov.sk.ca/dbsearch/MinDepositQuery/default.aspx

https://www.goldenbandresources.com/figure1June26.html

https://www.goldenbandresources.com/figure1Apr16.html

https://www.goldenbandresources.com/html/news/press_releases/feb0309/figure1_2/index.cfm

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