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 fungi294fron Aug 03, 2012 1:33pm

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Post# 20182023

RE: RE: Brief Mention of GBN

Agreed on the no dividends.

Will Roy Lloyd reach 1M oz? 1200m depth? 22 years production?

Considering Roy Lloyd is producing 12 g/t and Seabee has averaged 6.5 g/t. Will Roy Lloyd widen to include lower grades after cherry picking the high grade to depth? Will the en echelons such as the 188 and Bingo East ever come in to play?

IMO, GBN is confident that Roy Lloyd has a minimum 5 year life but only depth and drilling will prove further longevity.

Also MO, GBN believes there are many parallel running veins to the main vein and they likely widen at depth and possibly join up with the main vein.

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