Masuparia Gold Corp.and Golden Band Resources Inc. reported on progress in obtaining a bulk sample from the Greywacke North deposit. The Greywacke project is part of the La Ronge South Gold 50/50 Joint Venture between Masuparia and Golden Band. Masuparia is the operator during the exploration phase and has appointed Golden Band to be the contractor for the purpose of collecting and processing the bulk sample.

To date sampling activity for the bulk sample has broken approximately 11,000 tonnes of material considered as ore grade (12.4 g/t gold) and 7,900 tonnes considered as dilution from the bulk sample site. It does not consider waste material removed to provide ramp access to the pit. Grade control of the material blasted was assured through systematic blast hole sampling.

A total of 467 holes were drilled between March 10th and March 25, 2013 from which a total of 1,790 samples were collected and assayed at the Jolu Mill facility. The blast holes were drilled to an average depth of 10 metres with a 2m x 2m sampling pattern. Assaying of samples was conducted at Contractors assay lab located at the Jolu Mill facility.

The assay results are derived from the North Zone and include 1,790 samples of drill cuttings collected from 467 blast holes that were spaced 2 m x 2 m apart and that had continuous 2.5 m sample spacing. All of the drill holes were vertical. A rigorous assay quality assurance/quality control program consisting of 217 sample standards, 12 sample blanks, 89 duplicates analysis and 74 duplicate lab checks was conducted by routine insertion of these reference standards, sample blanks and repeat assays into the sampling stream.

A standard fire assay method of analysis was performed on drill cuttings utilizing a 50 g assay charge. The results from the this QA/QC program do not indicate any problems except in the case of Standard CDN-GS-5E (4.46 g/t Au lower limit, 5.2 g/t Au upper limit) where approximately 25 of 47 results assayed above the upper limit. However, Standard CDN-GS-4D (3.56 g/t Au lower limit, 4.06 g/t Au upper limit) only had 1 of 78 samples above the upper limit.

All other QA/QC samples fell within acceptable range. It is speculated that the anomalous data from Sample Standard CDN-GS-5E indicates a possible problem with the Standard as this anomaly does not exist with the other Standards, in particular. Block size is 2.5 m x 2.5 m x 2.5 m and grade estimation was carried out by the inverse distance squared method using 2.5 m down-hole composite lengths.

A spherical search was conducted with a maximum search distance of 6 m and a minimum of 2 and maximum of 10 composite samples were required within a given search radius.