via The Province Of Saskatchewan - Report 262

The company has modified the map of its holdings in the Laronge Gold Belt on the company website. It's a very good idea to compare this map with Report 262., then to use the link library to fill out the information. Some of the information in early technical reports is worthwhile, which cannot be removed by the company. Via SEDAR

Grades and reserves are an open question. What might have occurred is that the company is endeavouring to mine the valuable pay streak easily within reach, the 'Supergene Enrichment' + etc., which will fill out its requirement to supply the mint, and Sprott's physical metals ETF/ETR. It would take several years to complete. All the whole completed bullion bars are reported in ETF/ETR holdings.

Its abundantly clear that Golden Band Resources is the counterparty in swap lending between the Mint and Sprott. Ex: if the mint settled $85m in liabilities, then that means they swapped cash raised at market for doré with Golden Band. If the swap price(which is considered to be lending, not a purchase price) was $1350/oz. that would mean ~65k. oz. was recorded into the bullion supply. Sprott's share was much larger.

This is the source of capital for the company, which remains undisclosed. Everything that the company reports in legally administered "facts" are of NO SUBSTANCE.

http://www.economy.gov.sk.ca/Report-262

-F6