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 longtoothon Apr 01, 2012 1:12pm

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Post# 19745021

RE: RE: Komis Pit

fine if you say so. I think the original Reserve was based on a Resource that did not carve out the already mined out areas, which was the meat of the deposit. If you use that Reserve you may get a nasty surprise as you did when you went underground at Komis.

But hey, let's see what happens, maybe the new drillholes will lead to a new zone but you can't make a Reserve based on only a couple drillholes.

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