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.

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Golden Band Resources Inc

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Comment by RedHorizonon Mar 20, 2012 4:57pm

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Post# 19696713

RE: RE: 3rd Qtr numbers out..compared to last qtr

You are right about the need for additional financing. When I was at the PDAC I spoke w/RKN and others about BZA's deal which I think is the best financing I have ever seen for a junior. The GBN guys are lloking into the possibility of doing something like that (selling 4000 ounces for $6 million up front or so). No guarantees but it is being considered. I think that would be the best move.

GLTA

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