SASKATOON, Aug. 2, 2012 /CNW/ - Golden Band Resources Inc. (Golden Band or the Company) (TSXV: GBN); (OTCQX: GBRIF) is pleased to announce final terms on a $20 million term debt facility (Term Debt Facility) with Waterton Global Value, L.P. (Waterton).Proceeds from the Term Debt Facility, previously announced on May 10, 2012, will be used to repay [...]
SASKATOON, June 27, 2012 /CNW/ - Golden Band Resources Inc. (TSXV: GBN) (OTCQX: GBRIF) is pleased to announce the results of drilling adjacent to the Company's Komis and EP mine sites in the Upper Waddy Lake area of the La Ronge Gold Belt. Drilling intersections included 2.74 g/t Au over 12.2 m, 7.3 g/t Au over 7.6 m (including 17.1 g/t Au over 3 [...]
Golden Band is pleased to announce that it has received a bridge loan of $5,500,000 from Waterton Global Value. The net proceeds from the Bridge Loan are to be used by Golden Band for working capital purposes. The Bridge Loan is secured by a first ranking charge over all assets of the Company and must be repaid in full by the Company on the earlier [...]
Golden Band Resources is pleased to report initial results from the current resource expansion diamond-drilling program at the Company's Roy Lloyd Gold Mine. The main focus of this surface drilling is to test the downward extension of the gold-mineralized Bingo structure below the current mine workings on the 1175 Level, and for the possible [...]
Golden Band Resources is pleased to announce that, effective April 23, 2012, Matthew Conklin, B.Eng., B.Geo., has been appointed Vice President Operations of Golden Band Resources. Robson Garden, Golden Band's President and CEO, states, "I am delighted that Matt has agreed to become our Vice President of Operations. Matt has 27 years of mine [...]
Golden Band Resources and Masuparia Gold Corporation are pleased to announce the expansion of the joint venture in the La Ronge Gold Belt of Saskatchewan. Using the existing Greywacke Joint Venture Agreement as basis for the expanded La Ronge Gold Joint Venture, a Memorandum of Understanding was signed effective March 15 that will lead to the [...]
Golden Band Resources released its interim financial and operating results for the quarter ended January 31, 2012 (Q3 2012). All figures are reported in Canadian dollars, unless otherwise noted: The Company reported revenue of $17.1 million for the quarter ended January 31, 2012 on sales of 9,969 gold ounces, an average realized price of [...]
Golden Band Resources is pleased to report that Ministerial Approval has been received for the Company's open pit Golden Heart Mine Project in the La Ronge Gold Belt of northern Saskatchewan. The Honourable Dustin Duncan, Minister of Environment for Saskatchewan, granted the approval on February 6, 2012 under the Province's Environmental Assessment [...]
Golden Band is pleased to report the assay results for the 19 holes drilled on its Komis Gold Deposit in the fall of 2011. Komis is located approximately 190 km northeast of La Ronge in northern Saskatchewan, and is 100%-owned by Golden Band. A total of 4,319 m of NQ-diameter core was drilled from surface during fall and early winter of 2011. The [...]
Golden Band is pleased to announce that it has commenced trading today on the OTC market's premier tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on otcqx.com. "The OTCQX platform supports a transparent marketplace with high quality issuers, financial information disclosure [...]
Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, January 23, 2012:
Golden Band Resources reports that mining operations at the Company's EP gold deposit have recovered a significant amount of gold-bearing Riddle Till that overlies and extends down-ice of the deposit. To the end of December 2011, 10,271 tonnes of Riddle Till with an average grade of 12.77 g/t gold have been stockpiled and are now being processed in [...]