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GREAT BASIN REPORTS THIRD QUARTER RESULTS



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Published date : 2010-11-16

GREAT BASIN REPORTS THIRD QUARTER RESULTS

November 16, 2010, Vancouver, BC - Great Basin Gold Ltd.

(“Great Basin” or the “Company”) (TSX: GBG; NYSE Amex: GBG; JSE: GBG) announces results for the third fiscal quarter which ended September 30, 2010.

Highlights at its nearly-completed Burnstone Project in South Africa include:

  • on-site metallurgical plant commissioning underway;
  • achieved first gold pour on October 31, 2010; and
  • completed vertical shaft equipping and licensing of hoists and infrastructure.

Highlights at its Hollister Project in Nevada, USA, include:

  • improved performance for both trial mining and Esmeralda mill processing;
  • 14% increase in Measured and Indicated resource to 1.6 million gold equivalent ounces (Au eqv oz) ; and
  • bonanza grades encountered in trial mining at Blanket Zone.

Read more...


IR Contacts

Michael Curlook
IR Manager & Corp.

Development

Toll Free: 1 888-633-9332

Ms.

Tsholo Serunye
IR Officer

Office: +27 11 301 1800
Barbara Cano
Breakstone Group

Office: 1-646-452-2334
 
 
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