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Message: La Ronge gold project receives Fed. Environmental Screening Report approval

La Ronge gold project receives Fed. Environmental Screening Report approval

posted on Feb 18, 2010 04:10PM

La Ronge Gold Project Receives Federal Environmental Screening Report Approval

	    GBN: TSX Venture Exchange

	    SASKATOON, Feb. 18 /CNW/ - Golden Band Resources Inc. ("Golden Band" or
the "Company") (TSXV: GBN) is pleased to announce that the Company was advised
today that Fisheries and Oceans Canada ("DFO") approved and signed the
environmental screening report for the proposed Jolu Central Mill Gold Project
on February 17, 2010. The Jolu Central Mill Gold Project is the name that has
been used for the Company's La Ronge Gold Project throughout the federal and
provincial regulatory processes.
	    DFO advises that the report will be posted on the Canadian Environmental
Assessment Registry Internet Site ("CEARIS") for public review, likely within
the next two weeks. The Company will be provided with a copy of the report
once it is available for public viewing. Golden Band has also been informed by
DFO that the public consultation meetings in connection with the environmental
screening report and the process to list the Company's existing Mallard
Tailings Management Facility under Schedule 2 of the Metal Mining Effluent
Regulations are likely to be in late March 2010 in La Ronge, Saskatchewan, and
in Ottawa.
	    Ronald Netolitzky, Golden Band's Executive Chairman, noted: "Golden Band
is very pleased to have attained this significant milestone in the
environmental approval process and wishes to publicly recognize the
considerable work by all concerned to realize this achievement. While the
Company has been proceeding towards a start of gold production by late 2010
under the provincial environmental approval obtained in May 2009, this
noteworthy development in the federal regulatory process is important for the
long-term sustainability of the La Ronge Gold Project."

	    Financial Advisor Appointment

	    The Company is also pleased to announce the appointment of Cormark
Securities Inc. ("Cormark") as financial advisor. Cormark will provide general
advisory services to the Company including evaluating alternatives, primarily
focused on project-related debt, to finance remaining pre-production capital
at the La Ronge Gold Project.

	    About Golden Band

	    Golden Band Resources, already Saskatchewan's leading gold explorer, is
now poised to also become a gold producer. Golden Band is a
Saskatchewan-based, publicly listed company (TSXV: GBN) whose focus is the
long-term, systematic exploration and development of its largely 100%-owned La
Ronge Gold Belt properties. Since 1994, Golden Band has assembled through
staking and strategic acquisition a land package of more than 750 km(2),
including twelve known gold deposits, four former producing gold mines, and
the licensed Jolu gold mill. Golden Band's key value drivers are the
methodical and systematic targeting of primary to advanced-stage exploration
while progressing along a parallel path to becoming a sustainable gold
producer. The Company is aggressively pursuing its near-term goal for
development and production from its Bingo, Komis, EP, and Golden Heart gold
deposits, with processing at the 100%-owned Jolu mill. Longer-term objectives
include production from the Company's other deposits and the continuation of
its highly successful exploration and acquisition strategy.


	    On behalf of the Board of Directors of Golden Band Resources Inc.,

	    <<
	    "Ronald K. Netolitzky"
	    Ronald K. Netolitzky, Executive Chairman
	    >>

	    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 Gary Haywood, P.Eng., Golden Band's VP of
Operations and COO, who serves as the qualified person (QP) under the
definitions of National Instrument 43-101.

	    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 United States Private Securities Litigation Reform Act of 1995
(collectively "forward looking statements")." All statements other than
statements of historical fact included in this release, including, without
limitation, statements regarding planned development, potential
mineralization, interpretation of prior exploration and potential exploration
results, the timing and success of potential financing, development and
exploration activities generally, the timing and results of future resource
estimates, and future plans and objectives of Golden Band are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such
statements. Although the Company has attempted to identify important factors
that could cause actual actions, events or results to differ from those
described in forward-looking statements, there may be other factors that cause
such actions, events, or results to differ materially from those anticipated.
There can be no assurance that forward-looking statements will prove to be
accurate and accordingly readers are cautioned not to place undue reliance on
forward-looking 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 release.






-30-
	    /For further information: Gary Haywood, P.Eng., COO, Golden Band
Resources Inc., Phone: (306) 955-0787 x7124, Fax: (306) 955-0788, Email:
gary.haywood@goldenbandresources.com; Investor Relations: Raju Wani, (403)
240-0555, Email: info@goldenbandresources.com, www.goldenbandresources.com/
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