Great Basin Gold Ltd

Published : November 13th, 2007

EXPLORATION CONFIRMS EXTENSIONS TO MINERALIZATION AT GREAT BASIN GOLD???S HOLLISTER PROPERTY

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Great Basin Gold Ltd

delivering growth, creating value

Trading symbols: TSX:GBG / AMEX:GBN / JSE:GBGOLD

www.grtbasin.com / gbgold.mobi

Dear Subscriber

Date: 13/11/2007

EXPLORATION CONFIRMS EXTENSIONS TO MINERALIZATION AT GREAT BASIN GOLD’S HOLLISTER PROPERTY

New underground and surface exploration programs planned

November 13, 2007, Vancouver, BC – Great Basin Gold Ltd. (“Great Basin” or the “Company”) (TSX: GBG; AMEX: GBN; JSE: GBGOLD) announces that having successfully completed its Phase II surface and underground drilling programs at the Hollister mine development project, the Company plans to extend exploration programs to confirm and expand on the good results achieved to date. 

Based on a review of all the assay results received to date, the focus of exploration and development drilling will be redirected as follows:

  • A further 29,000 ft (8,800 m) of in-fill drilling from underground drilling is planned.  Target areas are mainly within the current delineated Gwenivere and Clementine vein structures, with the objective to both the increase the amount and confidence in the mineral resources. A May 2007 estimate indicated 1 million gold equivalent ounces in Measured and Indicated resources and an additional 930 thousand ounces in Inferred resources at Hollister.1
  • An additional 58,000 ft (17,700 m) underground drilling program is also planned, designed to rapidly test the depth extension of the known resources and to bring any new resources to as high a confidence level as possible. Currently mineralization has only been outlined to an average depth of approximately 200 meters below the Ordovician unconformity.

Read more...

Regards,

Tsholofelo Serunye
Great Basin Gold Limited : Investor Relations Officer

Office: +27 11 301 1800
Fax: +27 11 301 1840
eMail:
tsholos@gbgold.co.za
Web Site: www.grtbasin.com

or

Barbara Cano

Office: +1 646 452 2330
Fax: +1 646 452 2331
eMail:
bcano@breakstone-group.com

or

Melanee G. Henderson

Office: 1 800 667-2114
Fax: 604 684 8092
eMail: MelaneeH@hdgold.com

 

Great Basin Gold Ltd

PRODUCER
CODE : GBG.TO
ISIN : CA3901241057
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Great Basin Gold is a gold development stage company based in Canada.

Great Basin Gold produces gold, silver in South Africa and in USA, develops gold in South Africa, and holds various exploration projects in Tanzania.

Its main assets in production are HOLLISTER in USA and BURNSTONE in South Africa, its main asset in development is ESMERALDA in South Africa and its main exploration properties are TSETSERA in Mozambique and LUPA/LAKE VICTORIA in Tanzania.

Great Basin Gold is listed in Canada, in Germany, in South Africa and in United States of America. Its market capitalisation is CA$ 44.2 millions as of today (US$ 45.6 millions, € 34.7 millions).

Its stock quote reached its highest recent level on December 31, 2004 at CA$ 3.85, and its lowest recent point on September 14, 2012 at CA$ 0.08.

Great Basin Gold has 552 436 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Great Basin Gold Ltd
2008 Annual Report
2007 Annual Report
Financings of Great Basin Gold Ltd
2/23/2011Announces Closing of C$86.26 Million Bought Deal Public Offe...
Nominations of Great Basin Gold Ltd
10/3/2011announces the appointment of Chief Operating Officer
5/16/2011ANNOUNCES THE APPOINTMENT OF NEW DIRECTORS
11/3/2008APPOINTS CHRIS KNOETZE AS GENERAL MANAGER OF THE BURNSTONE M...
Financials of Great Basin Gold Ltd
2/24/2011Financing Activities and Unaudited Results for Q4 2010 and t...
Hedging of Great Basin Gold Ltd
3/17/2011REPAYS SENIOR SECURED NOTES
Project news of Great Basin Gold Ltd
9/11/2012(Burnstone)Suspends Operations at its Burnstone Mine
4/11/2011(Hollister)S EXPLORATION AND DRILLING RESULTS FOR HOLLISTER PROJECT...
3/24/2011(Hollister)HOLLISTER OPERATION REMOVED FROM SAFETY WATCH LIST
1/19/2011(Hollister)PROVIDES Q4 2010 PRODUCTION UPDATE
8/11/2009(Hollister)successfully completes refurbishment of Esmeralda Mill
5/19/2009(Hollister)RESOURCE WATCH WITHDRAWS APPEAL AGAINST THE RENEWAL OF THE H...
11/12/2008(Burnstone)REPORTS PROGRESS IN QUARTER ENDING SEPTEMBER 30 2008
11/10/2008(Hollister)HOLLISTER PROJECT COMPLETES THIRD TEST BATCH AT NEWMONT'S MI...
9/3/2008(Hollister)ANNOUNCES ADDITIONAL HIGH GRADE INTERCEPTS IN THE NEWLY DISC...
8/13/2008(Hollister)COMMENCES TRIAL MINING ON GWENIVERE AND CLEMENTINE HIGH GRAD...
2/13/2008(Hollister)'S HOLLISTER DEVELOPMENT PROJECT ENCOUNTERS EXCEPTIONA
11/13/2007(Hollister)EXPLORATION CONFIRMS EXTENSIONS TO MINERALIZATION AT GREAT B...
Corporate news of Great Basin Gold Ltd
10/4/2012s Insolvency Proceedings and DIP Loan Status
9/18/2012subsidiary seeks creditor protection pending loan negoti...
3/20/2012To Our Valued Shareholders
3/14/2012Provides Tranter Update
2/2/2011S HOLLISTER AND BURNSTONE MINERAL RESERVES AND LIFE OF MINE ...
2/2/2011S HOLLISTER AND BURNSTONE MINERAL RESERVES AND LIFE OF MINE ...
8/25/20092009 Mpumalanga govan Mbeki housing awards
7/22/2009ANNOUNCES CHANGES TO THE BOARD
5/14/2009REPORTS PROGRESS IN QUARTER ENDING MARCH 31, 2009
6/26/2008enhances its communication strategy with an added value comm...
6/18/2008HOLLISTER PROJECT INCREASES MEASURED AND INDICATED RESOURCES...
4/1/2008REPORTS INCREASE IN LOSSES AS CAPITAL EXPENDITURE ON GROWTH ...
3/26/2008 PRESENT AT AMEX PRECIOUS AND BASE METALS INVESTORS CONFEREN...
2/18/2008GREAT BASIN CLARIFIES RUSAF GOLD ACQUISITION
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (GBG.TO)FRANKFURT (GBS.F)
0.080-11.11%0.067+1.52%
TORONTO
CA$ 0.080
09/14 12:09 -0.010
-11.11%
Prev close Open
0.090 0.080
Low High
0.080 0.090
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.080 -%
Volume 1 month var.
1,328,110 -%
24hGold TrendPower© : -27
Produces Gold - Silver
Develops Gold
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/27/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.68-0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.31+3.86%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-1.99%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.45+3.81%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.12+3.07%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.25+6.38%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+7.89%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.96+4.81%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.88+0.41%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03-2.94%Trend Power :