GBN: TSX Venture Exchange
SASKATOON, April 3 /CNW/ - Golden Band Resources Inc. (GBN:TSXV) is
pleased to report that the Saskatchewan Ministry of Environment has advised
the Company that its technical review of the company's Environmental Impact
Statement (EIS) for the La Ronge Gold Project (Jolu Central Mill Gold Project)
is complete and that, as required by the Environmental Assessment Act, the EIS
will be available for public review until April 28, 2009. The province's
summary of the EIS (in English and in Cree), Environmental Impact Assessment
Notice, and Technical Review comments to the EIS are available on the Golden
Band website at:
http://www.goldenbandresources.com/html/news/index.cfm?view(equal sign)article&wnID(equal sign)17
The Company expects a provincial Ministerial environmental assessment
decision on the project in early May 2009, and, pending a positive decision,
it will then be in a position to apply for the applicable construction and
operational permits and licenses.
About Golden Band
Golden Band Resources, already Saskatchewan's leading gold explorer, is
now poised to also become a gold producer. Golden Band is a well-financed,
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 km(2), including 12
known gold deposits, five former producing mines, and a licensed 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, Komis, and
EP deposits with processing at the 100%-owned Jolu mill - a project that
received a positive Pre-Feasibility Study (see news release of January 20,
2009). 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.,
"Rodney G. Orr"
Rodney G. Orr, P.Geo.,
President & CEO
All of Golden Band's exploration programs and pertinent disclosure of a
scientific nature are prepared and/or designed and carried out under the
supervision of Frank Hrdy, P.Geo., Golden Band's VP Exploration, who serves as
the qualified person (QP) under the definitions of National Instrument 43-101.
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 statements made
in this News Release may contain certain forward-looking information. Actual
results may differ materially from those currently anticipated in such
statements. Certain risk factors may also materially affect the actual results
achieved by the Company. Potential and current shareholders are cautioned not
to place undue reliance on forward-looking information. The Company undertakes
no obligation to update publicly or otherwise revise any forward-looking
information whether as a result of new information, future events, or other
such factors that may affect this information, except as required by law.
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.
%SEDAR: 00007862E
