Golden Band Resources Inc. (GBN.V), which is trading near year
lows, reported on progress made in development of the Greywacke
deposit, part of the La Ronge South Gold Joint Venture between
Masuparia Gold Corporation (MAS.V) and Golden Band with Masuparia
acting as the operator during the exploration phase. MAS is up 1
cent at 16 cents.
On December 20, 2012, the joint venture received the necessary
approvals to collect a bulk sample from the Greywacke North
deposit. The objective of the bulk sample program is to gain an
understanding of how the Greywacke ore will process as it is fed
through the nearby Jolu mill, which is owned and operated by Golden
Band and located 50 kilometres north of the deposit.
In preparation for taking this bulk sample, the access road to
site was improved, a detailed fall program of channel sampling,
verification of historic core and drill hole locations and sampling
of existing core and preservation of historical drill core was
completed. Under the direction of Golden Band, Taiga Consultants
Ltd. collected mineralized core specimens and delivered them to
Michael Yakimchuk, metallurgist for Golden Band. He submitted to
the Saskatchewan Research Council (
) for advanced metallurgical testing by prior to the bulk sample
program. In addition to assaying, the material was subject to
inductively coupled plasma (ICP) total digestion analysis.
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