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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 Mar 29, 2012 2:58pm
170 Views
Post# 19734875

RE: RE: RE: RE: Financing - I'll explain - and 'lo

RE: RE: RE: RE: Financing - I'll explain - and 'lo

 

no, I did not know the updated Resource/Reserve is available on August 29th but thank's for the clarification. Do you think there will be any Reserve left at Roy Lloyd at that time?

 

So tell me, what is the status of EP, is it going to keep on going with no slow down until the phase 2 and 3 studies are complete or not, I am honestly interested?

 

Also, is there a pre-Feasiblility study underway on Golden Heart or at least has there been the beginnings of a mine plan started yet?

 

Is the company going back to the original Reserve on Komis to plan mining it with an open pit and if so how will they reconcile the old Resource which was used to generate the Reserve with the updated Resource?

 

How are they going to deal with the big open stopes that exist near surface when they go to open pit the deposit?

 

The old Resource did not take into account the location, grade and tonnes the open stopes represent in their model so I find it hard to understand how you can have a mine plan without that information??

 

These are legitimate questions that really do need an answer so we can understand how you plan to mine for the several years you propose.

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