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Golden Share Mining Begins Follow-Up Diamond Drilling at Band Ore Main Target

Golden Share Mining declared that it has commenced a follow-up diamond drill program at the Band Ore Main target. This target lies in the Shebandowan gold project (SGP) in Canada.

The company will drill 1,100 m, totaling seven holes, during this phase II diamond drilling. This program is specifically designed to upgrade the future model for the Band Ore region.

Golden Share is developing this model with the help of the data obtained from the 2011 work program at SGP, including the data received through the previous data compilation, structural analysis, geological mapping, high resolution chargeability and resistivity surveys, and new drill program results of the Band Ore main south zone. This south zone is situated around 100 m to the Band Ore main zone’s southern part.

The company has encountered 47.70 g/t gold over 1.00 m, 17.85 g/t gold over 2.70 m, 35.90 g/t gold over 0.30 m, 2.80 g/t gold over 5.50 m and 1.39 g/t gold over 1.70 m. Golden Share is expecting to complete the phase II drill program by mid-April of 2012. The results from the phase I program conducted at the Band Ore Main target are pending.

The location of the project is 90 km towards the western part of Thunder Bay in Northwest Ontario. Currently, Osisko Mining is developing the Hammond Reef gold deposit.

Source: http://www.goldenshare.ca/

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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