SASKATOON, Sept. 8 /CNW/ - Golden Band Resources Inc. (GBN: TSXV) is pleased to announce the discovery of two new gold showings within its 100% owned claims at Waddy Lake, near the Company's Komis and EP gold deposits. These new showings, named Thunder and Lightning, are located five kilometres south of the Komis deposit in the La Ronge Gold Belt of northern Saskatchewan. Both showings resulted from follow up of previously discovered gold-in-till anomalies as part of the previously announced summer exploration program (news release of June 23, 2009).

The Thunder showing is located at the 100-metre wide apex of a very strong gold-in-till dispersion train with up to 60 gold grains (per kilogram of till), accompanied by up to 1,600 ppb gold in the fine fraction of the bulk till sample. A number of auriferous boulders were also recovered from the till sample pits, with one rusty quartz boulder assaying 127.8 g/t gold (3.73 oz/t gold). Two initial drillholes (EK-03 and EK-04) intersected low-grade gold mineralization in silicified andesitic volcanics within a pyritic zone, grading between 0.63 and 1.02 g/t gold over 6.8 and 5.6 metres, respectively. It is interpreted that these two holes just missed the expected mineralized source for the anomalies. Follow-up drilling is planned during September 2009 to establish the potential for this very encouraging new showing.

The Lightning showing is located about 200 metres from the Thunder showing; is within the same dispersion train as the Thunder showing; and was discovered by prospecting. It is hosted by an andesitic debris flow and a NW-striking fault. Several cross cutting auriferous quartz veins up to 20 cm-wide are exposed on surface over several metres. One drillhole (EK-02) tested this showing and found a several-metres wide feldspar porphyry dyke associated with a quartz breccia zone. The auriferous zone was confirmed over five metres in the drillhole (from 34.2 m to 39.2 m) averaging 3.88 g/t gold, with the highest assay being 13.51 g/t gold over 0.4 metres within the brecciated quartz vein. Follow-up drilling is planned for later this month.

At the Charlie's Eye prospect, seven additional drillholes were completed (CE-35 to CE-41) totalling 517 m. This prospect is located two kilometres north of the Komis mine site and was the subject of several drilling campaigns between 2004 and 2006. The gold mineralization is hosted by a 2 to 6 metres wide pyritized quartz breccia zone striking northwest and dipping about 30 degrees SW. The host rocks are volcanics and diorite, with the quartz breccia zone intersecting the faulted contact between these two rock units. The area of intersection is where gold grades show marked improvement. Drillhole CE-39 returned 5.72 g/t gold over 4.5 metres during the current campaign.