via GBN.V Website

The GBN.V website posted a new photo of the Decade drilling programme, spring 2014, a year ago. As I had pointed out, the 'B' cell was being drained in summer 2013. There had already been a previous drill programme on the ice in winter 2012/13.

This shows without any doubt that the Decade deposit ran under the lake, as determined by the sat photos.

You are looking west at the drill shack, with and a dozer in operation. A man is sitting on a sled and an operator is visible in the dozer. The lake is completely drained, and the silt from previous operations had been removed, from the 'B' cell, exposing bedrock. There are numerous drill holes that you can make out, six, maybe seven holes, in a very tight drill spacing. (Less than 12m)

The depth of the lake is probably the height of the dozer, while the topographical ridge on the left will be used in an expansion of the tailings management facility, making a natural berm. The lake is bordered on either side by topographical ridges.

The plan is to use this feature as part of a major expansion of tailings deposition. They will open pit the top of the decade deposit, which the company absolutely insisted did not run under the lake. Waste rock from this operation will first be used to greatly expand the above ground facility behind the photographer, and once the open pit operation is complete, a second expansion comprising the A-B-C cells with a berm between the two ridges. My guess is that we are talking 10m high.

Or a tailings deposition facility 10m deep and 1.2 km square. This is meant for a very long term operation, with millions of ounces in production.

The picture is a reasonable size to scrutinize operations here, and a windfall for shareholders looking for information:

http://www.goldenbandresources.com/images/GalleryImages/home_i3m_gallery/medium/DSC02254.jpg

The company updated the exploration page:

http://www.goldenbandresources.com/html/projects/exploration/index.cfm

This will oblige you to review drill results from this programme. The results are preposterously absurd, with all of the results below cut-off grade. Everything below a cut-off grade of 4g/t you can just toss right out.

Why would you bother going to such lengths as draining a lake, drilling 60 holes, spending a couple of million or more on the operation when such results do not warrant the drill programme? (With no accounts receivable.). They spent money unnecessarily and congratulate themselves on obtaining the lowest possible result.

Its obvious that the emphasis is on withholding the grade and fulfilling the regulatory requirement. This has the effect of grossly mis-characterizing the nature of the mining project, and that this would be intentional.

http://www.goldenbandresources.com/html/news/press_releases/index.cfm?ReportID=203308

You can see the plan on the ground in line cutting that is visible in Sat photos going back some 15 years.

Bing Maps April, 2012

http://binged.it/1Kjb3dS

- F6