Golden Band Resources Restarts Jolu Mill At La Ronge Gold Project

SASKATOON, Jan. 21 /CNW/ - Golden Band Resources Inc. (GBN: TSXV) announces the restarting of the Jolu mill at the Company's La Ronge Gold Project in northern Saskatchewan. This follows extensive investigations by the Company and its contractor (Kitsaki-Procon JV), and the Mines Inspector for Saskatchewan Labour Relations and Workplace Safety of the incident that occurred at the Jolu Mill on January 18, 2011. Operations at the Jolu Mill re-commenced today after the crew safety meetings, and normal maintenance and safety inspections for the re-start, were completed. Information about the work site incident is available in two media advisories issued by the Company that are available on its website at:

About Golden Band

Golden Band Resources, already Saskatchewan's leading gold explorer, is now its newest gold producer. Golden Band is a Saskatchewan-based, publicly listed company (GBN: TSXV) whose focus is the long-term, systematic exploration and development of its 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 km2, 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 the development and production of its Bingo, EP, Komis, 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.

SOURCE Golden Band Resources Inc.

For further information:

Gary Haywood, P.Eng., COO Investor Relations:
Golden Band Resources Inc. Raju Wani: 403 240 0555
Phone: 306 955 0787 x7124 Tony Perri: 604 682 6852
Fax: 306 955 0788 Email:

Profil de l'entreprise

Golden Band Resources Inc.

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