This is a good acquisition, which comes at a time when gold mining prospects are selling for moose pasture prices.

If the mineable ore shoots are approximately 30% of the strike length of 600m, then you have an aggregate mining strike length of 1km over five veins.

The previous strategy during the 1980's was to develop open pits for the short term prospect and blow all of your development money on building a very large high capacity mill.

Golden Band is definitely on the road to finding some ore, developing some, then mining some, then finding some more, so all of the costs go into development, rather than processing.

-F6