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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 Nov 12, 2012 3:51pm
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Post# 20589974

RE: RE: AGM.....Birch Crossing

RE: RE: AGM.....Birch Crossing

I call BS on this statment Fungi until the company issues a official updated Reserve Estimate.

"IMO, the recent drill programs at Roy Lloyd has proven another 350,000 tonnes @ 11 g/t and another 175,000 tonnes @ 11 g/t inferred. Therefore, the remaining proven and probable reserves at Roy Lloyd will be ~380,000 tonnes @ 11 g/t plus the inferred for future definition. IMO, the recently proven and unannounced increase in reserves creates a certainty of over 3000 days at 125 tpd production, 8.5 years of 14,000 oz/yr, from Roy Lloyd."


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