American Bonanza Acquires Interest In The Iskut Jv Prop (ABX)

American Bonanza Gold Corp and Golden Band Resources Inc. are pleased to announce that they have signed an agreement with Barrick Gold ABX to acquire Barrick's interest in the Iskut Joint Venture, located in the Snip Gold Camp Trend of the prolific Golden Triangle area in north-western British Columbia. This Joint Venture interest is shared on a pro rata basis, resulting in Golden Band holding a 52.5% interest and American Bonanza holding the balance of 47.5%. No residual interest or rights remain with Barrick. The property consists of ten claims totalling approximately 4,250 ha.