Golden Band Resources Inc. - High-Grade Gold Intercepted at Depth in Roy Lloyd Mine GBN.v

  It looks like life is finally coming back into the Junior Miners now. Some of them are popping up with the big bang like Bitterroot Resources yesterday and some are producing steady results like Golden Band Resources. Legendary Ron Netolitzky is behind the company, but even his "Golden Touch" could not prevent the recent blood bath in the junior sector for the GBN.v

  With Gold marching higher after Break Out, valuations for the Juniors are just totally out of any connection to the assets base and real value of the portfolios - basically almost everything is priced at the verge of potential bankruptsy. Trick is to find the Next Play - nobody like to miss even anything close to Gold Quest.

Nickel, Copper, PGM - Bitterroot Resources Has Its Fireworks Today BTT.v

"We guess that after all the Fear nobody likes to miss another Gold Quest in the making - that discovery story is the only one - but so many Juniors were totally forgotten and Slaughtered this summer that any vital signs can drive the crowd and expectations again.

  Everybody is chasing the same question now - who could be in Play next? Who can strike the new discovery, attract J/V partner or become a Target for M&A?"

Gold: The Best Charts and Fundamentals - Prepare For The Fireworks In Junior Miners

"We would like to share with you today the best Charts and articles, which has caught our attention recently - it is the case when the good picture is better than thousand words - some of them are screaming about the best Entry Opportunity in years we are following these markets."

Golden Band Resources Inc. - High-Grade Gold Intercepted at Depth in Roy Lloyd Mine

GBN: TSX Venture Exchange
OTCQX: GBRIF

SASKATOON, Sept. 5, 2012 /CNW/ - Golden Band Resources Inc. (Golden Band or the Company) (GBN: TSXV; OTCQX: GBRIF) is pleased to announce that drilling has intercepted significant bonanza grade gold mineralization on the Company's Roy Lloyd Mine (Bingo gold deposit) in northern Saskatchewan. Hole RLUG-27, intercepted 8.17 metres (true width 6.5 m) averaging 66.85 grams per tonne gold.

The bonanza gold mineralization was intercepted 255 metres deeper than the lowest mining level in the Roy Lloydgold mine, further confirming potential for deep extension of economic mineralization.

HOLE No.		INTERVAL m	CORE LENGTH m	TRUE WIDTH m	g/t GOLD
RLUG-27		233.06 - 241.23	8.17	6.51	66.85
	including	234.00 - 240.79	6.79	5.41	80.12
	including	238.14 - 240.79	2.23	1.78	128.37

The drill program is designed in part to define minable resources within the Bingo Structure below the 1175 elevation, which is the lowest active level of the Company's Roy Lloyd gold mine.  Recent drill results and historic data are being utilized to define a new resource below the 1175 level.

Matt Conklin, Golden Band's Vice President of Operations, stated, "Golden Band is very pleased with these and the overall results of the summer surface and underground drilling campaigns at the Roy Lloyd Mine. We are compiling the surface and underground program data and will provide the complete results as quickly as possible, followed by an updated resource estimation for the Roy Lloyd mine."

Mr. Saimon Ngindi, P.Geo., Senior Resource Geologist and Qualified Person as defined by National Instrument 43-101, is responsible for the accuracy of the technical data and information contained in this press release.

About Golden Band

Golden Band Resources, already Saskatchewan's leading gold explorer, is now also 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 870 km², including 12 known gold deposits, four former producing mines, and a licensed 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 of being a sustainable gold producer. The Company is aggressively pursuing its near-term goal of commercial production of its Bingo, Komis, and EP deposits with processing at the 100%-owned Jolu mill. The Company's objective is the annual production of at least 75,000 ounces of gold over a ten-year project life. Other longer-term objectives include the continuation of its highly successful exploration and acquisition strategies.

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

"Rob Garden"
A.Robson Garden, QC
President and CEO

Caution Regarding Forward-Looking Information and Statements

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements relating to the potential mineralization and geological merits of the mine properties, estimates of production, costs of production, the sufficiency and availability of capital and financing and other future plans, objectives or expectations of Golden BandResources Inc. (Company) 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. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators available on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Accordingly, readers should not place undue reliance on forward-looking information. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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:

Rodney Orr, P.Geo., VP Corporate Development
Golden Band Resources Inc.
Phone: 306 385 7123 | Fax: 306 955 0788
Email: rodney.orr@goldenbandresources.com

Investor Relations: 
Raju Wani: 403 240 0555 | Tony Perri: 604 682 6852
Email: info@goldenbandresources.com
www.goldenbandresources.com

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advise on this blog and there is no solicitation to buy or sell any particular company

MAX Resource Corp. – “Focused on Silver, Copper & Gold in Nevada” MXR.v

 Max Resources is another junior which is trying to pick up its head out of summer doldrums. Some bids are coming in last couple of weeks.

MAX Resource Corp. – “Focused on Silver, Copper & Gold in Nevada”

(TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D)

MAX Resource Corp. is permitted for a 5,000 m Phase III core drilling program designed to outline an initial NI 43-101 compliant resource estimate by the end of 2012 on the high-grade silver/copper/gold Majuba Hill property in Nevada.

Investment Highlights:

• Low capitalization – only 24.5 million shares issued.

• Fully funded - $1 Million in cash.

• Experienced management with proven success.

• Extensive drill program at Majuba Hill planned for 2012.

During Phase I drilling in 2011, MAX intercepted high grade copper/silver oxide mineralization near surface over long intervals at the past producing Majuba Hill mine. Highlights included:

• 96 meters of 39.2 g/t Ag, 0.57% Cu and 0.10 g/t Au in hole MM-06
• 50.3 meters of 50.8 g/t Ag, 0.31% Cu and 0.31 g/t Au in MM-07
• 42.7 meters of 37.5 g/t Ag and 0.38% Cu in hole MM-03

Contact: Leonard MacMillan, Corporate Communication
Telephone: 866 331 5088 or 604 637 2140
info@maxresource.com
www.maxresource.com

Max Resources Presentation.

Gold: The Best Charts and Fundamentals - Prepare For The Fireworks In Junior Miners

"We would like to share with you today the best Charts and articles, which has caught our attention recently - it is the case when the good picture is better than thousand words - some of them are screaming about the best Entry Opportunity in years we are following these markets."

MAX drills 293 m of 5.49 g/t silver, 0.10 g/t gold and 0.09% copper in porphyry-style alteration zone with significant sulfides at Majuba Hill, Nevada

"MAX Resources continues to build on its discovery at Majuba Hill in Nevada:

"This hole was drilled 100 meters southeast of MAX's Phase I drilling, to test underneath the high grade supergene zone where MAX reported five holes intersecting high grade copper and silver oxide mineralization that included 96 m of 39.2 g Ag and 0.57% Cu starting at surface. Hole MM-20 was drilled due north at a -44 degree angle to a depth of 323.9 m"

MAX Resource drills 44.2 m of 71.0 g/t Silver and 1.14% Copper at Majuba Hill, Nevada

"Company is moving forward with its exploration program and lining up the promotion in the market place now. With the "end of the world" - this time coming out of Europe - postponed today, Juniors will have another chance to shine with its Gold and Silver assets. Max Resources has delivered a very impressive Copper and Silver intersection from its latest drill results."

Please, do not forget, that we own stocks we are writing about and have position in these companies. We are not providing any investment advise on this blog and there is no solicitation to buy or sell any particular company

The History Of Money And Why US Dollars Are Issued By Private Bank - Federal Reserve System

  We are at the very important point in the history of the modern financial system. The recent events in Europe  are no less than ground-changing historical  development and the magnitude of it will be understood only many years later. European countries are giving up their Sovereignty in order to save the Euro zone. Now the history of money will be your guide to the new order, when the New Normal will be transformed into the New World Order. 

  Private FED manipulates all markets now and has the right at its own discretion to increase the FED rate at any moment, which will increase all interest rates in a chain: mortgage payments, car loans, student loans, credit card loans, business loans etc. Should FED decide to stop monetary expansion at some point: QEn+1 and Twists - yields on the Treasuries will explode. U.S. is at the total mercy of the unelected managers running the private bank. You would think: who can do such a thing, which will bring a total collapse to the world economy - watch the movies to get your own answer. The idea to buy the assets for pennies on the dollar can be irresistible again.

Europe Is One Step Closer To The End Game - New World Order

"We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order" 

David Rockefeller

Watch the movies End Game and Fall Of The Republic.

  Europe is done now. New European Order is here - what is the Next Step? In one sentence - Keep your Freedom - Dump the Pump and Buy Gold. In the big picture you will have to study and think - to separate the truth and reality. This movie gives a very interesting context for the recent European events - what do they really mean for the future of Europe?

  Maybe the movie is too heavy - it is really about everything...but history is there, you just need to find it out, learn and make your own conclusions about what is true. FED, Eugenics, State Control - Facebook, Google, iPhones - we are happy to tell everybody about us, somebody knows everything what we are searching for and our location is reported literally every minute. 

  Conspiracy theory will not be the real conspiracy without President Kennedy - has he tried to return the Right to issue the U.S. Currency to the U.S. Government?

"Executive Order 11110 was issued by U.S. President John F. Kennedy on June 4, 1963.

This executive order delegated to the Secretary of the Treasury the president's authority to issue silver certificates under the Thomas Amendment of the Agricultural Adjustment Act."


  By the way, President Lincoln has tried it before:


"Despite strong opposition, President Lincoln signed the First Legal Tender Act,^[8] enacted February 25, 1862, into law, authorizing the issuance of United States Notes as a legal tender—the paper currency soon to be known as "greenbacks." In his correspondence, Lincoln credited Edmund Dick Taylor for his suggestion of the greenback currency, and named him "Father of the Greenback."

  Unfortunately for all of us, somebody did not like the idea of U.S. currency to be issued by U.S. Government and we have what we have now - US Dollar issued by privately owned bank called Federal Reserve System.


  It is not about George W Bush with his Family of Secrets or Barrack Obama - it is about the system. You know how President Obama is tough to the Wall Street on the TV: here is another movie to connect the dots - Goldman Sachs was the second largest contributor to Barrack Obama in 2008 elections, with JP Morgan, CitiGroup, UBS and Morgan Stanley among the Top 20 contributors. Mitt Romney knows Goldman Sachs as well - according to Jesse Ventura this bank manages Mitt Romney's blind trust and Goldman Sachs is the largest contributor to his campaign among other banks.


  We are out of politics, but if you are still an adept of Efficient Market Theory you should better watch at least these couple of movies - it could be your best investment this year. Question is not what is right or wrong there, but that you can start question things around you."

SAI: Is America Really Free, If A Privately-Owned Central Bank Controls Our Currency And Runs Our Economy? TNR.v, GRC.to, SGC.v, RVM.v, ASM.v, NGQ.to,

"US Dollar is tired and its levitation could be well over: it is the only hope for the markets to stay above the water - Bernanke's Helicopters are coming... We are at the crucial technical levels on S&P, DOW and other markets, massive intervention today in FX market blew away US dollar Bearish Flag pattern into crash below MA50, Euro Shorts were burnt alive. Markets need to be popped up by any means now, banking system will not survive a Double Dip."

If you are still wondering why we have so much debt, read couple of books about the FED and this article below will be a very good introduction. This understanding will give you more clues on the nature of Gold and why it is heading much higher from here.

SAI:

"Is America Really Free, If A Privately-Owned Central Bank Controls Our Currency And Runs Our Economy?



Michael Snyder Jul. 5, 2010,


This weekend we celebrated America's Independence Day. But are we really a free nation? The truth is that it is really hard to argue that we are "free" when our currency system and our economy are run by an unelected privately-owned central bank.

You see, the truth is that the U.S. government does not "print money" whenever it wants. Under the current system, in order to get more U.S. currency, the U.S. government has to borrow it. The Federal Reserve creates the new currency out of thin air and then either keeps the "U.S. Treasury bonds" they get in return from the U.S. government or they sell them off to others. But what kind of sense does that make? Why does a "free government" have to go into debt to print its own currency? It is the U.S. government that should be printing U.S. currency - not a privately-owned bank called the Federal Reserve.



The truth is that the Federal Reserve is about as "federal" as Federal Express is. And no unelected private central bank should be "running" our economy. Actually the free market should be running our economy, but if anyone is going to run it, it should at least be the government that we have elected. But instead we have a group of unelected bureaucrats making our interest rate decisions, determining our money supply levels and deciding which of their friends get big bailouts. That isn't the American Dream! What kind of "democracy" and "freedom" is that? The sad truth is that as long as we allow an unelected privately-owned central bank to run our economy we will not be truly free.

The reality is that the Federal Reserve desperately needs to be audited. The Federal Reserve has never undergone a true comprehensive audit since it was created back in 1913. The truth is that we have very little idea of what is really going on inside that institution.


And yet they control our currency and our economy.

U.S. Representative Ron Paul had introduced a bill that would have mandated a comprehensive audit of the Federal Reserve, but it has now officially been defeated.

Ron Paul’s proposal to audit the Federal Reserve, which had previously been co-sponsored by 320 members of the U.S. House of Representatives, failed by a vote of 229-198.

Every single Republican in the House voted in favor of the measure, and even 23 Democrats crossed the aisle to vote with Republicans, but it was not enough.

You see, the Federal Reserve convinced 122 Democrats who were originally co-sponsors of Ron Paul's proposal to jump ship and vote against the measure.

It was truly a sad day for America.

Ron Paul has released a video expressing his disappointment over the defeat of the "audit the Fed" provision....





Congress just can't seem to do anything right these days.

What in the world is so threatening about actually getting to see what is going on inside the Fed?

After all, they print all of our currency and they basically run our economy.

Don't the American people have the right to examine what is going on?

Well, apparently the Democrats do not think so.

How "free" can we be when a private central bank has so much power over us and yet we cannot even examine what they are doing or how they are doing it?

In fact, Ron Paul told MSNBC that he believes that the Federal Reserve is more powerful than Congress.....

"The regulations should be on the Federal Reserve. We should have transparency of the Federal Reserve. They can create trillions of dollars to bail out their friends, and we don’t even have any transparency of this. They’re more powerful than the Congress."

When we allow such powerful institutions to rule over us without any kind of accountability whatsoever, we dishonor the sacrifices that our founding fathers made to give us liberty and freedom.

As we celebrate July 4th, let us reflect on the extreme sacrifices that those who came before us were willing to make.

The following is a piece entitled "The Price They Paid" by an anonymous author....

Have you ever wondered what happened to the 56 men who signed the Declaration of Independence?

Five signers were captured by the British as traitors, and tortured before they died. Twelve had their homes ransacked and burned. Two Lost their sons in the revolutionary army, another had two sons captured. Nine of the 56 fought and died from wounds or hardships of the revolutionary war.

They signed and they pledged their lives, their fortunes, and their sacred honor.

What kind of men were they? Twenty-four were lawyers and jurists.Eleven were merchants, nine were farmers and large plantation owners, men of means, well educated. But they signed the Declaration of Independence knowing full well that the penalty wouldbe death if they were captured.

Carter Braxton of Virginia, a wealthy planter and trader, saw his ships swept from the seas by the British Navy. He sold his home and properties to pay his debts, and died in rags.

Thomas McKeam was so hounded by the British that he was forced to move his family almost constantly. He served in the Congress Without pay, and his family was kept in hiding. His possessions were taken from him, and poverty was his reward.

Vandals or soldiers or both, looted the properties of Ellery, Clymer, Hall, Walton, Gwinnett, Heyward, Ruttledge, and Middleton.

At the battle of Yorktown, Thomas Nelson Jr., noted that the British General Cornwallis had taken over the Nelson home for his headquarters. The owner quietly urged General George Washington to open fire. The home was destroyed, and Nelson died bankrupt.

Francis Lewis had his home and properties destroyed. The enemy jailed his wife, and she died within a few months.

John Hart was driven from his wife's bedside as she was dying.Their 13 children fled for their lives. His fields and his grist mill were laid to waste. For more than a year he lived in forests and caves, returning home to find his wife dead and his children vanished. A few weeks later he died from exhaustion and a broken heart. Norris and Livingston suffered similar fates.

Such were the stories and sacrifices of the American Revolution.These were not wild eyed, rabble-rousing ruffians. They were soft-spoken men of means and education. They had security, but they valued liberty more. Standing tall, straight, and unwavering, they pledged: "For the support of this declaration, with firm reliance on the protection of the divine providence, we mutually pledge to each other, our lives, our fortunes, and our sacred honor."

Will Gold Revaluation save Insolvent FED? GDX, AUY, SLW, HUI, XAU, RMK.v, TNR.v, SSt.v, OK.v, CNU.v

It will not happen for a while, but it could become the only positive outcome of recent US Dollar debasement policies in the future and provide new base for an honest monetary system based on Gold. Paul Volcker is the man according to Jim Sinclair, who will has the nerve to make it, but he will be allowed only when everything else will fail. US Dollar will test its destiny in trillions more to come in the months ahead.

The Insolvency of the Fed

"Since the crisis broke out, the Fed has continuously weakened the quality of the dollar by weakening its balance sheet. In fact, the assets the Federal Reserve holds have deteriorated tremendously. These assets back the liability side of the balance sheet, which mainly represents the monetary base of the dollar. The assets of the Fed, thereby, hold up the value of the dollar. At the end of the day, it is these assets that the Fed can use to defend the dollar's value externally and internally. Thus, for example, it could sell its foreign exchange reserves to buy back dollars, reducing the amount of dollars outstanding. From the point of view of the buyer of the foreign exchange reserves, this transaction is a de facto redemption..."

"...While this example might sound extreme, something similar happened during the first stage of the sub-prime crisis. The Fed weakened the composition of its balance sheet not in favor of the Zimbabwean economy but in favor of the US banking system. The Federal Reserve sold good assets in order to acquire bad assets. The good assets were not gold but mainly the still highly-liquid US treasury bonds in the category of "securities held outright." The bad assets were not Zimbabwean government bonds but loans given to troubled banks backed by problematic and illiquid assets. This weakened the dollar..."

"...In the second stage of the crisis, which started with the Lehman bankruptcy, it became clear that the policy of merely changing the balance-sheet structure was coming to an end. The Fed was running out of Treasury bonds. Moreover, this policy did not allow for the strong liquidity boosts that the Fed deemed appropriate in this situation. Hence, the Fed started to increase its balance sheet. It no longer "sterilized" the additional loans it granted with the sale of good assets. In fact, it would not have had enough good assets left to sell. In our imaginary example, the Fed would run out of gold. It would stop selling gold and keep on buying Zimbabwean government bonds. Of course, the Fed did not buy Zimbabwean government bonds but other assets of low quality, mainly loans to an insolvent banking system. As a consequence, the sum of the balance sheet has nearly tripled since June 2007..."

"...This figure implies an increase of the Fed's leverage from 22 to 50. As we have seen there are large new positions of dubious quality on the Federal Reserve balance sheet. More specifically, should only 2% of the Fed's assets go into default — or if there is a loss in value of 2% — the Fed becomes insolvent..."

"...Only two things can save the Fed at this point. One is a bailout by the federal government. This recapitalization could be financed by taxes or by monetizing government debt in another blow to the value of the currency.
The other possibility is concealed in the hidden reserves of the Fed's gold position, which is only valued at $42.44 per troy ounce on the balance sheet. A revaluation of the gold reserves would boost the equity ratio of the Fed to 12.35%.[1]
It is ironic that in troubled times a revaluation of the "barbarous relic" could save the Fed from insolvency. Yet, this would only be an accounting measure and would not change the fundamental problems of the paper dollar. While shooting its last bullets and weakening the dollar, the Fed is outmaneuvering itself. The end of the experiment is getting closer."