Golden Band Resources is shutting down activity at its Komis deposit.

The company says a lack of readily available mill feed is one of the main reasons behind the move.

According to a press release, delays in obtaining sufficient grade and tonnes for the mill feed are currently being studied and a new plan is being developed.

Golden Band says over the past few months, the mining operations at the Komis pit have been erratic and a consistent flow of ore was not being achieved.

The company says the mill is being refurbished, though, and it hopes to resume operations in three to four months.

Meantime, the Golden Heart deposit has also been temporarily shut down.

However, the company reports that operations at its Roy Lloyd mine will continue on as normal.

In the past few months, Golden Band has gone through a large turnover of personnel and has retained Clarus Securities to help it regain its financial footing.

The company is thanking its shareholders for their continued support as it goes through “significant changes”.

Company officials have not been available for comment.