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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 longtoothon Mar 31, 2012 5:15pm
207 Views
Post# 19743838

RE: RE: RE: RE: RE: Claude's Q4

RE: RE: RE: RE: RE: Claude's Q4

Thanks, it would be nice to see cost per tonne for all the other operations you posted earlier.

 

I remember seening the cost per ounce from Goldcorp's mine in Balmertown as the cheapest in the world, but when you looked at their cost per tonne is was one of the highest in the world. What made them look good was the grade (cutoff was 2 ounces per tonne)...

 

I think knowing these figures shows how you compare with other similar operations and it suggest if there is room for increased efficiency. In this case I see there is (GBN) which is a good thing...

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