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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
Post by longtoothon Aug 04, 2012 2:32pm
291 Views
Post# 20184881

lots of noise on this site

lots of noise on this site

usually means there is nothing of real interest to say.

 

Fungi, Wescan's Jojay is too small and the veins are too narrow for a group like procon to mine as they can't stay narrower than 3 meters. That would dilute most narrow vein deposits like Jojay. Jasper is mostly mined out except at >400 meters depth where the stike length shortens as much as it does at Roy Lloyd (Bingo) so Procon would dilute that out of existence as well. Greywacke is wide enough so it could be mined by Procon but that needs a lot of infrastructure before it could be a go and it is not all that big. North Lake is very low grade and near a lake edge, so forget that. There is a reason why Cameco shut down Preview Lake (Contact Lake) - it did not pay. Amisk Lake is right on a lake edge (a big lake) and would need to be an open pit as the veins are narrow, complex and erratic and it needs and needs infrastructure and a long haul road to get the ore to a mill. Tartan Lake is interesting, but GB does not and will not own that. Memorial needs a long haul road and infrastructure that makes the deposit uneconomic. Golden Heart needs a lot of infrastructure and is comprised of narrow, erratic and complex veins, again, Procon would dilute it out of existence.

 

Any other ideas Fungi?

 

Any other ideas Fungi?

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