Golden Band Resources Inc. Rodney Orr, VP Corporate Development Saskatchewan Mining Supply Chain Forum, April 4, 2012 TSX.V: GBN OTCQX: GBRIF
Notices Rodney Orr, P.Geo., Golden Band s VP of Corporate Development, serves as the qualified person (QP) under the definitions of NI 43-101. Forward Looking Statements: Some of the statements in this presentation contain forwardlooking information which involve inherent risk and uncertainty that may affect the business of Golden Band Resources Inc. Actual results may differ materially from those currently anticipated in such statements. 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 information. 2
La Ronge Gold Project EP MINE KOMIS MINE GBN Gold Deposits GBN-owned Past-Producing Mines Golden Band s Claims Other Gold Deposits Past-Producing Gold Mines (others) Other Claims Highway Access Roads I2P (Island Falls to Points North) HYDRO-ELECTRIC POWERLINE 138 KV NORTH LAKE DEPOSIT 3
Outline of Talk: 1. Who, What & Where we are 2. Achievements 3. Objectives 4
La Ronge Gold Belt: Past, Present, & Future 60 80 companies active in 1980 s-90 s Past producing gold camp: >600,000 ounces New staking rush & much greater activity Great exploration potential Excellent infrastructure & support in local communities Traditional lands of Lac La Ronge Indian Band 5
Golden Band s Achievements Re-established gold production in the LRGB in January 2011 Commercial production achieved in April 2011 Four deposits are permitted for the three+ years of production Mill with long-term life & room for expansion Advanced our positive relations with First Nations groups and other stakeholders Positive relations with Government agencies 6
YTD Highlights Q1 + Q2 + Q3 (to 31Jan12) Mining production: RL: 74,660 t @ 12.06 g/t Au EP: 18,700 t @ 6.96 g/t Au Mill throughput: 91,905 t @ 11.03 g/t Au Gold poured: 32,482 oz Total cash cost/oz: US$928 Gold sales: 31,950 oz at average of $1,649 for revenues of $52,691,915 TSX.V: GBN OTCQX: GBRIF 7
Highlight: Business Development Job creation: 199 people employed directly Including 93 RSN, 61% Aboriginal Roy Lloyd Mine = 64 52 contractor & 12 GBN EP & Komis Mines = 63 61 contractor & 2 GBN Jolu Mill = 56 8 contractor & 45 GBN Saskatoon = 12 f/t + 4 contract External relations Northern contractors include: Kitsaki Procon Mining, Athabasca Catering, CanNorth Environmental Business development in northern Saskatchewan 8
GBN Gold Reserves (NI 43-101, 30Apr11) Proven Reserves Probable Reserves Deposit Dilution Losses Tonnes Grade (g/t Au) Reserve (ounces Au) Tonnes Grade (g/t Au) Reserve (ounces Au) Roy Lloyd (Bingo) 18.5% 9% 32,125 11.42 11,793 90,976 12.18 35,637 EP 20.0% 6% - - - 51,112 5.51 9,054 Totals 32,125 11.42 11,793 142,088 9.78 44,691
GBN Gold Resources (NI 43-101, 30Apr11) Measured + Indicated Resources Inferred Resources Deposit Assays Capped at (g/t Au) Cut off (g/t Au) Tonnes Grade (g/t Au) Resource (ounces Au) Tonnes Grade (g/t Au) Resource (ounces Au) 1 Bingo 105 and 70 5 157,116 13.14 66,376 155,074 13.89 67,756 2 EP 40 1 102,000 3.81 12,494 - - - 3 Komis 115 4 191,740 7.85 48,398 10,746 7.91 2,731 4 Golden Heart 107 4 362,423 7.94 92,520 7,479 9.36 2,251 5 Corner Lake 30 5 - - - 184,400 8.07 47,900 6 Birch Crossing 120 2 - - - 536,300 5.11 88,100 7 Memorial 30 1 288,400 2.83 26,220 90,900 2.49 7,272 8 Tower East 15 1 5,019,080 1.86 299,835 902,020 1.52 43,965 9 Greywacke 33.15 5 90,160 8.4 24,353 28,420 7.29 6,664 Totals: 6,210,919 2.85 570,196 1,915,339 4.33 266,639
Golden Band s Experiences: Internal People: Proven track record of success Plan: Exploration + Development + Production Property: top land position in LRGB with strong exploration focus & strategic acquisitions Projects: 12 deposits, gold resources & mill Production: 2011 at an initial target of 45,000 oz/year Promotion: Aggressive marketing program 11
Golden Band s Experiences: External Partners: First Nation and local communities Politics: Proactive, positive province Permitting: Regulatory realities Price: Gold sector is rising, but price is volatile Phinancing: Financial constraints for junior start-up; balancing of market forces & demands Prospect: Opportunities for shareholders 12
La Ronge Gold Belt: GBN Operations 13
Golden Band s Near-Term Objectives Expand Roy Lloyd Mine mineable resources Continue development & exploration on EP and Komis deposits for additional mill feed Advance planning on Golden Heart deposit to support minimum of mill feed for Y5 and beyond Increase M+I resources for Jolu mill to 700 tpd Advance resource-definition exploration within current operating corridors 14
Roy Lloyd Mine (Bingo Deposit) Open to depth & on-strike Currently mining 200 m below surface Surface drilling program started in December Underground drilling to convert inferred resources to M+I and control mine planning 15
EP Mine Started site preparation & prestrip start October 2011 Mining started December 2011 Ore sources are Riddle Till, Supergene & Primary ores 260 m EP Deposit: Open Pit Mine Model TSX.V: GBN OTCQX: GBRIF 16
Komis Mine Geological & engineering assessment and underground exploration development completed to update resource model New mine plan will come from revised resource model + u/g exploration + drilling on trend and to depth Komis surface drilling include numerous high-grade gold intersections and new zones of shallow, low-grade mineralization over potentially significant intervals Newly identified bulk tonnage potential TSX.V: GBN OTCQX: GBRIF 17
Golden Heart Development Work Resource definition drilling completed Updates to optimization and open pit design in progress Environmental Assessment approval received February 2012 Development completion target mid-2013 Preliminary open pit design TSX.V: GBN OTCQX: GBRIF 18
Future Development Plans The above discussed deposits are anticipated to supply mill feed for a minimum of the first four or five years. Additional deposits to be advanced through permitting phase include: Corner Lake deposit: Requires drilling to take the resource to M&I and permitting Narrow high-grade deposit as an underground operation Greywacke deposit (50:50 JV): Requires permitting and a limited amount of diamond drilling. Likely commence as o/p with possible u/g second phase Near surface grades and thicknesses are good TSX.V: GBN OTCQX: GBRIF 19
Golden Band s Intermediate & Long Term Objectives Explore La Ronge Gold Belt to more fully define resource potential for mill expansion or a new mill Continue permitting to supply mill feed for Y5 to Y10 and beyond Continue strategy to acquire better deposits not in GBN s control 20
Exploration Follow-up of Fireweed & Round Lake area targets and anomalies Greywacke JV -> LRG JV New acquisitions (LRG JV): North Lake Preview Lake (8,675 ha) La Ronge Gold Project
Market Data: 12-Month Comparison SGR GBN CRJ TSXV http://www.theglobeandmail.com/globe-investor/markets/stocks/chart/?q=gbn-x
Market Data (April-October 2011) Explorers & Developers Small & Mid-Cap Producers Large Cap Producers S&P/TSX Gold Index Gold
Gold Pour in Progress JOLU MILL, 30 SEPTEMBER 2011 TSX.V: GBN OTCQX: GBRIF 24
TSX.V: GBN OTCQX: GBRIF 25
Questions? Thank you Golden Band Resources Inc. 100, 701 Cynthia Street Saskatoon, SK S7L 6B7 T 306.955.0787 F 306.955.0788 www.goldenbandresources.com Ronald Netolitzky, Chairman A. Robson Garden, QC, President & CEO info@goldenbandresources.com TSX.V: GBN OTCQX: GBRIF 26