Golden Band Finds Another Northern Gold Deposit

Monday, December 14, 2009 at 10:43

 

 

A senior executive with Golden Band Resources says it has discovered more gold near La Ronge.

 

Rodney Orr says the discovery was made about 300 metres west of the Bingo gold deposit.

 

“This is a new discovery on an existing deposit, and of course people always say the best place to look for a new mine is where there’s an old mine. (At) Bingo we’ve been doing exploration — as Golden Band, we acquired the property. It was discovered back in 1991. So obviously there’s lots of potential, in addition to the deposit that we already know, for additional discoveries, as we’ve been able to show in this recent drilling,” Orr says.

 

Meantime, Orr has recently been replaced as president of the company by its founder, Ronald Netolitzky.

 

Orr is staying on as vice-president, though.