Lew,
Here is the run down....
The "Orange" group is the NMEA bus and is used to connect to your marine band radio for DSC tracking. Just tape these off if you don't need them.
The main power is the first set of Red white and Black, hook these to the fuse supplied and to your power and ground source.
The second set is your GPS power and alos needs to be powered and ground in order for the GPS module to respond. If you don't do this you will get a "gps not responding" error. The bare wire can be taped off as can e the white as it is a speaker wire. Feel free to first connect the red and blacks and then connect them to the same power source, just be sure to fuse both lines.
Hope that helps.
Shawn Hannah
Lowrance (USA) pro staff