Golden Band Resources Inc.: Thunder Showing Assays up to 112 g/t Gold over
0.3 of a Metre
GBN: TSX Venture Exchange
SASKATOON,
The Company is pleased to report drillhole EK-7, with visible gold present, returned 112 g/t gold over 0.3 m within an overall intersection grading 6.62 g/t gold over 10 metres. A summary of the Standard Fire assays results follows:
Thunder Gold Showing -------------------- Previously announced (October 8, 2009): - EK-3 45.4 m to 51.0 m: 1.02 g/t gold over 5.6 m (Thunder Main Zone) - EK-4 26.3 m to 33.0 m: 0.63 g/t gold over 6.75 m (Thunder Main Zone) New assay results: - EK-5 9.35 m to 15.7 m: 2.90 g/t gold over 6.35 m (Thunder South Zone); - Including 13.35 m to 13.70 m: 42.49 g/t gold over 0.35 m (with visible gold). - EK-6 41.0 m to 51.0 m: 0.46 g/t gold over 10.0 m (Thunder Main Zone). - EK-7 38.0 m to 48.0 m: 6.62 g/t gold over 10.0 m (Thunder Main Zone); - Including 44.0 m to 44.3 m: 112.0 g/t gold over 0.3 m (with visible gold). - Including 42.0 m to 48.0 m: 10.4 g/t gold over 6.0 m; - Including 42.0 m to 44.0 m: 21.7 g/t gold over 2.0 m; and, - Including 47.0 m to 48.0 m: 16.8 g/t gold over 1.0 m. - EK-8 66.0 m to 79.0 m: 0.30 g/t gold over 13.0 m (Thunder Main Zone). - EK-9 No significant assay results.
All samples reporting over 5 g/t gold in the Standard Fire assay results will be re-assayed using the Metallic Screen fire assay method.
Quartz-pyrite breccia zones host the mineralization in all zones. The Thunder showing has now been drill-tested by seven drillholes over a strike length of about 50 metres.
Lightning Gold Showing ---------------------- The Lightning showing was tested with two holes drilled from opposite directions: - EK-2 34.2 m to 39.3 m: 3.88 g/t gold over 5.1 m (announced September 8, 2009). - EK-10 75.0 m to 78.0 m: 1.41 g/t gold over 3.0 m.
About
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
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
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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For further information: Golden Band Resources Inc., Rodney Orr, President & CEO, Phone: (306) 955-0787 x7123, Fax: (306) 955-0788, Email: [email protected]; Wani Capital Corp., Raju Wani, (403) 240-0555, Email: [email protected], www.goldenbandresources.com
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