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Great Basin Gold Ltd

Publié le 13 novembre 2007

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

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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

PRODUCTEUR
CODE : GBG.TO
ISIN : CA3901241057
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Great Basin Gold est une société développant des projet miniers d'or basée au Canada.

Great Basin Gold est productrice d'or, d'argent en USA et en Afrique Du Sud, en développement de projets d'or en Afrique Du Sud, et détient divers projets d'exploration en Tanzanie.

Ses principaux projets en production sont HOLLISTER en USA et BURNSTONE en Afrique Du Sud, son principal projet en développement est ESMERALDA en Afrique Du Sud et ses principaux projets en exploration sont TSETSERA au Mozambique et LUPA/LAKE VICTORIA en Tanzanie.

Great Basin Gold est cotée au Canada, aux Etats-Unis D'Amerique, en Afrique Du Sud et en Allemagne. Sa capitalisation boursière aujourd'hui est 44,2 millions CA$ (45,6 millions US$, 34,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2004 à 3,85 CA$, et son plus bas niveau récent le 14 septembre 2012 à 0,08 CA$.

Great Basin Gold possède 552 436 000 actions en circulation.

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Rapports annuels de Great Basin Gold Ltd
2008 Annual Report
2007 Annual Report
Financements de Great Basin Gold Ltd
23/02/2011Announces Closing of C$86.26 Million Bought Deal Public Offe...
Nominations de Great Basin Gold Ltd
03/10/2011announces the appointment of Chief Operating Officer
16/05/2011ANNOUNCES THE APPOINTMENT OF NEW DIRECTORS
03/11/2008APPOINTS CHRIS KNOETZE AS GENERAL MANAGER OF THE BURNSTONE M...
Rapports Financiers de Great Basin Gold Ltd
24/02/2011Financing Activities and Unaudited Results for Q4 2010 and t...
Hedging de Great Basin Gold Ltd
17/03/2011REPAYS SENIOR SECURED NOTES
Projets de Great Basin Gold Ltd
11/09/2012(Burnstone)Suspends Operations at its Burnstone Mine
11/04/2011(Hollister)S EXPLORATION AND DRILLING RESULTS FOR HOLLISTER PROJECT...
24/03/2011(Hollister)HOLLISTER OPERATION REMOVED FROM SAFETY WATCH LIST
19/01/2011(Hollister)PROVIDES Q4 2010 PRODUCTION UPDATE
11/08/2009(Hollister)successfully completes refurbishment of Esmeralda Mill
19/05/2009(Hollister)RESOURCE WATCH WITHDRAWS APPEAL AGAINST THE RENEWAL OF THE H...
12/11/2008(Burnstone)REPORTS PROGRESS IN QUARTER ENDING SEPTEMBER 30 2008
10/11/2008(Hollister)HOLLISTER PROJECT COMPLETES THIRD TEST BATCH AT NEWMONT'S MI...
03/09/2008(Hollister)ANNOUNCES ADDITIONAL HIGH GRADE INTERCEPTS IN THE NEWLY DISC...
13/08/2008(Hollister)COMMENCES TRIAL MINING ON GWENIVERE AND CLEMENTINE HIGH GRAD...
13/02/2008(Hollister)'S HOLLISTER DEVELOPMENT PROJECT ENCOUNTERS EXCEPTIONA
13/11/2007(Hollister)EXPLORATION CONFIRMS EXTENSIONS TO MINERALIZATION AT GREAT B...
Communiqués de Presse de Great Basin Gold Ltd
04/10/2012s Insolvency Proceedings and DIP Loan Status
18/09/2012subsidiary seeks creditor protection pending loan negoti...
20/03/2012To Our Valued Shareholders
14/03/2012Provides Tranter Update
02/02/2011S HOLLISTER AND BURNSTONE MINERAL RESERVES AND LIFE OF MINE ...
02/02/2011S HOLLISTER AND BURNSTONE MINERAL RESERVES AND LIFE OF MINE ...
25/08/20092009 Mpumalanga govan Mbeki housing awards
22/07/2009ANNOUNCES CHANGES TO THE BOARD
14/05/2009REPORTS PROGRESS IN QUARTER ENDING MARCH 31, 2009
26/06/2008enhances its communication strategy with an added value comm...
18/06/2008HOLLISTER PROJECT INCREASES MEASURED AND INDICATED RESOURCES...
01/04/2008REPORTS INCREASE IN LOSSES AS CAPITAL EXPENDITURE ON GROWTH ...
26/03/2008 PRESENT AT AMEX PRECIOUS AND BASE METALS INVESTORS CONFEREN...
18/02/2008GREAT BASIN CLARIFIES RUSAF GOLD ACQUISITION
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