|
La Ronge Gold Project Highlights
- Near-Term Production started in Q1 2011.
- >325,000 ounces production planned in years 1 to 5.
- Provincial EA approval received; no further environmental permits or assessments required to start production.
- Existing permitted 400 tonnes per day gold mill within 30 miles of all deposits.
- Established infrastructure: road access, grid power available.
- Sustainable production targeted for 10+ years with existing resources.
- Business Plan target is to ramp up to 70,000 to 100,000 ounces per year. Golden Band has been moving forward with plans to be in production in 2010. Our business case builds on the long-term scenario from the base-case of conservative scoping study.
- Past-producing camp, with excellent potential for increasing existing resources and new discoveries.
- GBN has 12 known deposits, 4 former mines, >290 square miles land.
- No political risk; excellent working relationships with province’s regulators.
- Working since 1994, giving a long-term perspective providing strong working relationships and local communities.
- Participation of and support by local Indian band (First Nation).
- Experienced board and strong management, with core staff.
- GBN is clearly undervalued in terms of its assets and share price.
|
|
