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Golden Band Resources Inc. (GBN: TSXV) announces
the restarting of the Jolu mill at the Company's La
Ronge Gold Project in northern Saskatchewan. This
follows extensive investigations by the Company and its contractor (Kitsaki-Procon JV), and the Mines Inspector for
Saskatchewan Labour Relations and Workplace Safety
of the incident that occurred at the Jolu Mill on January 18, 2011. Operations at the Jolu
Mill re-commenced today after the crew safety meetings, and normal
maintenance and safety inspections for the re-start, were completed.
Information about the work site incident is available in two media advisories
issued by the Company that are available on its website at:
http://www.goldenbandresources.com/html/news/whats_new/index.cfm?view=article&wnID=44
http://www.goldenbandresources.com/html/news/whats_new/index.cfm?view=article&wnID=45
About Golden Band
Golden Band Resources, already Saskatchewan's
leading gold explorer, is now its newest gold producer. Golden Band is a Saskatchewan-based, publicly listed
company (GBN: TSXV) whose focus is the long-term, systematic exploration and
development of its 100%-owned La Ronge Gold Belt
properties. Since 1994, Golden Band has
assembled through staking and strategic acquisition a land package of more
than 750 km2, including twelve known gold deposits, four former
producing gold mines, and the licensed Jolu gold
mill. Golden Band's key value drivers are the methodical and systematic
targeting of primary to advanced-stage exploration while progressing along a
parallel path to becoming a sustainable gold producer. The Company is
aggressively pursuing its near-term goal for the development and production
of its Bingo, EP, Komis, and Golden
Heart gold deposits, with processing at the 100%-owned Jolu mill. Longer-term objectives include production from
the Company's other deposits and the continuation of its highly successful
exploration and acquisition strategy.
On behalf of the Board of Directors of Golden Band Resources Inc.,
"Ronald K. Netolitzky"
Ronald K. Netolitzky, Executive Chairman
All of Golden Band's development-related
programs and pertinent disclosure of a development nature are prepared and/or
designed and carried out under the supervision of Gary
Haywood, P.Eng., Golden Band's VP of
Operations and COO, who serves as the qualified person (QP) under the
definitions of National Instrument 43-101.
Cautionary Statements on Forward-Looking
Information: The
news release includes certain "forward-looking information within the
meaning of Canadian securities legislation and "forward-looking
statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 (collectively
"forward looking statements")." All statements other than
statements of historical fact included in this release, including, without
limitation, statements regarding planned development, potential mineralization,
interpretation of prior exploration and potential exploration results, the
timing and success of potential financing, development and exploration
activities generally, the timing and results of future resource estimates,
and future plans and objectives of Golden Band
are forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated
in such statements. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to differ from
those described in forward-looking statements, there may be other factors
that cause such actions, events, or results to differ materially from those
anticipated. There can be no assurance that forward-looking statements will
prove to be accurate and accordingly readers are cautioned not to place undue
reliance on forward-looking statements.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release
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