Golden Band Resources Inc. reported earnings and production results for third quarter ended January 31, 2014. For the quarter, the company's net loss was CAD 15,631,000 or CAD 0.05 per share on revenues of CAD 6,683,000 against net loss was CAD 7,381,000 or CAD 0.03 per share on revenues of CAD 6,460,000 a year ago. Net loss before income tax was CAD 15,630,989 compared to a loss before income tax of CAD 9,643,181 for same period a year ago. The increase in the net loss from third quarter 2013 to third quarter 2014 is mainly due to the decline in gold sale price and the lower grade of the produced gold. Cash from operations was CAD 2,003,000 against CAD 1,418,000 a year ago.

During the quarter, the company produced 3,759 gold ounces compared to 3,767 gold ounces in third quarter of 2013.