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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 Jul 11, 2012 3:06pm
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Post# 20103500

RE: RE: RE: "I also wonder if...

RE: RE: RE: "I also wonder if...

Fungi, if the drill results from Komis are expected next month (Mid August) then I would guess adding them to the "mine plan" will take another month or so (mid September) and then it will take another month (mid October) to mobe in and start work. Right around the time things freeze up and the snow starts to fly. Do you think this will complicate things and add cost to the project?

Also, if the "Waterton financing" is triggered with drill results do the drill results have to be positive or does that matter?

 

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