Banks Island Gold Ltd. reported an update on the Bob Zone bulk sample program at the Yellow Giant Gold Property, located on Banks Island, British Columbia. The company has completed underground development on the B30 level at the Bob Zone since its last update on February 11(th) 2014. Mining crews commenced development in gold mineralization at the B30 level on February 19(th) and the first longhole blast was taken in the B10 level on February 24(th).

The Company reports that processing of mineralization commenced on February 22(nd) and approximately 1,600t of mineralized material has been mined and processed as of February 28(th). The Company has an additional 600t of mineralized material in broken inventory in underground stopes at present. The development and longhole crews are currently working in the B30 level while extraction of the B10 stopes is underway.