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GBG : TSX, NYSE Amex, JSE

www.grtbasin.com / gbgold.mobi

2010-04-06

GREAT BASIN GOLD OBTAINS US$47 MILLION CREDIT FACILITY

April 6, 2010, Vancouver, BC - Great Basin Gold Ltd, ("Great Basin" or the "Company"), (TSX: GBG; NYSE Amex: GBG; JSE: GBG) today announced that it has obtained final Credit approval for a US$47 million export finance facility ("the facility"), with the option to increase the facility through further syndication.

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Michael Curlook
IR Manager & Corporate Development
Toll Free: 1 888-633-9332

or

Tsholofelo Serunye
Investor Relations Officer
Office: +27 11 301 1800

or

Barbara Cano
Breakstone Group
Office: 1-646-452-2334

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