Great Basin Gold Provides Hollister Exploration Results And Operational
Update

VANCOUVER, Oct. 27 /CNW/ - Great Basin Gold Ltd. ("Great Basin Gold" or the "Company") (TSX: GBG; NYSE Amex: GBG; JSE: GBG) announces further high-grade underground drilling results from its Hollister property in Nevada for the quarter ending September 30, 2009 ("Q3"). Exceptional results have been achieved from underground boreholes HSD-116, 118, 84, 85, 86 and 87, which have intersected grades of 6 opt Au to 63 opt Au (300 g/t to 2,150 g/t Au) over widths ranging from 0.5- 6.4 ft (0.2 to 3 m) on the central Gwenivere vein system, and are part of the 40 vein intersections in excess of 1 opt Au (34.28 g/t Au) made during the quarter.

Mineralisation in the Gwenivere vein system continues to give intersections with robust grades: 107 boreholes (excluding 5 holes (greater than) 10 opt Au) averaged 2.247 opt Au over 2.1 ft (77.04 g/t Au over 0.6 m). Mineralisation in the Clementine vein system also continues to give intersections with robust grades: 24 boreholes averaged 0.935 opt Au over 1.8 ft (32.07 g/t Au over 0.5 m).

Q3 Highlights from Gwenivere drilling

    
    -------------------------------------------------------------------------
                  Vein
              Intersection             Est.          Analytical Results
    Drill         (ft)       Drilled   True    ------------------------------
    Hole ID  --------------   Thick-  Thick-
                               ness    ness       Au      Au      Ag      Ag
              From      To     (ft)    (ft)     (opt)   (g/t)   (opt)   (g/t)
    -------------------------------------------------------------------------
    HSD-84    63.3    65.8     2.5     2.5    11.677  400.36   111.5    3822
    HSD-84    66.9    67.4     0.5     0.5    10.080  345.59    36.3    1244
    -------------------------------------------------------------------------
    HSD-84    69.3    72.2     2.9     2.3     6.713  230.18    18.9     648
    HSD-85    85.0    93.0     8.0     6.4     6.166  314.24    25.5     874
    HSD-85    97.0   101.3     5.6     4.5    62.889 2156.13   154.5    5298
    HSD-85   108.5   116.5     8.0     6.4    15.247  522.74    47.2    1620
    HSD-86    64.0    69.5     5.5     4.4    25.950  889.73   234.8    8049
    HSD-87    79.3    82.8     3.5     2.8     6.051  207.46   29.72  1018.8
    HSD-116  188.6   189.6     1.0     0.8    18.383  630.26   399.3   13690
    -------------------------------------------------------------------------
    HSD-118  104.9   107.2     2.3     1.8    36.048 1235.91   380.1   13031
    -------------------------------------------------------------------------
    

During the quarter, underground evaluation and exploration drilling for other mineralized structures totaled 32,008 ft (9,699 m). Geotechnical surface drilling totaled 693 ft (211 m). The programs continue to encounter high-grade intersections on the Gwenivere and Clementine vein systems (see below) and disseminated mineralisation in the overlying Tertiary volcanics, as well as further encouraging intersections from the west lateral splays and/or extensions of the east Clementine vein system.

The underground drilling is providing more information about the strike (3,000 ft/ 980 m) and vertical (1,300 ft/ 396 m) continuity of the vein systems. The Hollister mineral system currently comprises 19 discrete east-west striking subvertical veins, which constitute the Clementine and Gwenivere groups. The system is still open along strike, at depth, and in areas up to and above the Ordovician/Tertiary Unconformity. One hundred and six underground boreholes were completed, of which 11 were for exploration, 28 covered extensions of the Gwenivere and Clementine vein systems and 67 continued stope delineation targets on both vein systems. The majority of these intersections on both the Gwenivere and Clementine vein systems are inside the short to medium term trial mining plan providing conformation of the expected grade.

Annual production from trial mining is anticipated to be 15% lower than planned at 115,000 Au eqv. oz mainly because of a slower build-up of ore tons from the higher grade stopes developed in the second and third quarters of 2009. It was originally anticipated that the Company will commence trial mining on these higher grade stopes in Q3 of 2009. The results from the in-fill drilling presented in the tables below indicate that the expected higher grade stopes will only be accessed during Q4 of 2009. The drilling results from these areas are extremely positive and provide the Company with additional information to optimize stope planning for trial mining activities and thereby ensuring an increase in ore tons from these high grade stopes. During the third quarter of 2009, continued trial mining resulted in the extraction of 18,232 ore tons containing an estimated 18,026 ounces gold equivalent (Au eqv.) at a grade of 0.99 opt Au eqv. (33.9 g/t Au eqv.), which was less than the planned grade of 1.2 opt Au eqv., mainly due to only accessing the planned higher grade stopes in Q4 of 2009.

Cash production costs for the third quarter decreased by 14% from US$375 to US$324 per Au eqv. oz extracted, excluding milling costs, which is 11% lower than the projected cash production costs per Au eqv. oz for 2009. The year to date cash production costs of approximately US$333 per Au eqv. oz (unaudited) and US$375 per ton mined (unaudited) are 8% and 15% lower, respectively, than the planned 2009 cash cost of US$363 per Au eqv. oz and US$440 per ton mined. This achievement reflects the increasingly aggressive cost management of the Hollister project and improvements in the mining dilution and methods being used.

For the year to date, the Company has extracted 60,554 Au eqv. oz at a grade of 1.13 opt (38.7 g/t), excluding milling costs. At September 30, a total of 32,219 tons, containing an estimated 27,336 Au eqv. oz had been accumulated in a surface stockpile.

The Company earlier reported that its Esmeralda Mill has been commissioned and was processing low grade Hollister ore, and that the necessary permits had been obtained to proceed with the installation of the Gekko float and gravity section which had arrived on site. The installation of the Gekko system, which is being undertaken in the fourth quarter, will allow the Company to match processing with trial mining volumes at Hollister, thereby giving a clearer reflection of operational results.

Due to the commissioning of the Esmeralda mill and the high toll milling costs associated with treatment at Newmont's Midas mill, the Company elected not to treat any ore in the third quarter of 2009 and, as a result, did not record any revenue during the period. The Company has subsequently also entered into an ore processing agreement with Yukon-Nevada, to process the 30,000 additional ore tons currently stockpiled at the Hollister property, at a cost of US$88 per ton. Fixed recoveries of 88% for both gold and silver have been agreed to. The stock pile contains an estimated 30,000 Au eqv. oz.

The Company is also in discussions for a possible restructuring of the Senior Secured Notes that were issued in December 2008. Although these notes are not due for payment until December 2010 at the earliest, the improved debt markets are providing opportunities for restructuring these notes into a lower cost debt facility with more favourable repayment terms. There can be no certainty at this time that these discussions will lead to a restructuring of the notes.

Further drilling on the Gloria Vein System, a new discovery made during drilling from the diamond drill station in the West Lateral drift (DDS West Lateral), continues to confirm the presence of a significant zone of thick quartz vein breccias, quartz-adularia veins, and quartz-adularia stockwork with an overall orientation of approximately northwest-southeast. Although the assay results did not reveal significant mineralization at the penetrated elevations, the presence of sulfosalts within the veins, abundance of adularia, presence of a number of thin veins with notable gold grades ((greater than)3 opt Au) in HDB-307 and HDB-321, and the nature of the vein textures all suggest that emplacement of precious metals did occur within this vein system.

    
    Q3 Underground Exploration Drilling results in the Gloria Vein (West
    Lateral)

    -------------------------------------------------------------------------
                  Vein
              Intersection                           Analytical Results
                  (ft)       Drilled   Est.    ------------------------------
     Drill   --------------   Thick-   True
      Hole                     ness   Width       Au      Au      Ag      Ag
       ID     From      To     (ft)    (ft)     (opt)   (g/t)   (opt)   (g/t)
    -------------------------------------------------------------------------
    HDB-292   64.0    67.8     3.8     2.7     0.152    5.21     2.3      79
    -------------------------------------------------------------------------
    HDB-293  599.8   602.8     3.0     2.2     0.122    4.20     2.3      78
    -------------------------------------------------------------------------
    HDB-307  584.8   587.0     2.2     2.9     3.156  108.20    19.6     673
    -------------------------------------------------------------------------
    HDB-308   No significant intersections
            ------------------------------
    HDB-309   No significant intersections
    -------------------------------------------------------------------------
    HDB-310 1271.0  1325.0    54.0    40.5     0.001    0.04     0.1       5
    -------------------------------------------------------------------------
    HDB-319  547.6   584.1    36.5    36.5     0.009    0.31     0.2       6
    -------------------------------------------------------------------------
    HDB-320  497.5   499.3     1.8     1.7     0.095    3.26     0.9      32
             524.1   524.8     0.7     0.7     0.121    4.15     0.1       4
             528.2   528.9     0.7     0.7     0.229    7.85     0.9      32
    -------------------------------------------------------------------------
    HDB-321  541.0   541.5     0.5     0.5     3.752  128.64    16.5     566
    -------------------------------------------------------------------------
    HDB-322  512.0   516.2     4.2     3.2     0.264    9.07     1.1      39
    -------------------------------------------------------------------------
    HDB-323  472.3   473.1     0.8     0.7     0.102    3.50     2.9     101
             508.6   510.5     1.9     1.7     0.250    8.57     1.6      54
             538.9   539.4     0.5     0.5     0.292   10.01     0.7      24
    -------------------------------------------------------------------------
    HDB-324  235.9   237.6     1.7     1.7     1.556   53.35    4.29     147
    -------------------------------------------------------------------------
    HDB-335  136.3   137.0     0.6     0.4     0.140    4.79    0.16     5.4
    -------------------------------------------------------------------------
    

Notably, drilling from shallower inclined drill holes (HDB-293 and HDB-307) delineated significant quartz veining and gold mineralization between 5,190 and 5,400 ft (1,581.9-1,645.9 m) in elevation. These new discoveries appear to correlate with a splay from the Clementine vein system, and are not related directly to the deeper (approx 5,000 ft in elevation) quartz vein and structural zone from HDB-309. Two separate vein systems and/or mineralized structures are indicated. Future drilling from DDS West Lateral will test for the extent, continuation and economic characteristics of both structures as well as the possibility of other unrecognized veins.

Drilling from diamond drill station 5278 in the muck bay on the Blanket Zone has indicated grade continuity in mineralization and a body of disseminated gold hosted in Tertiary volcanic rocks above the epithermal, banded veins. Intersections range in thickness from 19.4 to 135 ft (5.9 to 41.1 m) and grades between 0.130 to 0.500 opt (4.4 to 17.2 g/t) Au. This drilling is being integrated with the broader mine scale target that has emerged from processing historic borehole intersections of this style of mineralization in order to fully assess the zone.

    
    Q3 Underground Exploration Drilling results in the Blanket Zone

    -------------------------------------------------------------------------
                  Vein
              Intersection                           Analytical Results
                  (ft)       Drilled   Est.    ------------------------------
     Drill   --------------   Thick-   True
      Hole                     ness    Width      Au      Au      Ag      Ag
       ID     From      To     (ft)    (ft)     (opt)   (g/t)   (opt)   (g/t)
    -------------------------------------------------------------------------
    HDB-325  243.7   244.4     0.7     0.6     0.299   10.25     0.6      20
             289.1   290.5     1.4     1.2     1.837   62.98     3.3     113
             296.8   297.3     0.5     0.4     0.891   30.55     6.3     219
             328.6   348.0    19.4    17.5     0.130    4.45     0.0       1
    -------------------------------------------------------------------------
    HDB-326  312.0   367.0    55.0    49.5     0.500   17.16     0.3       9
    -------------------------------------------------------------------------
    HDB-327  292.1   293.2     1.1     1.0     1.198   41.07     2.3      80
             358.0   378.0    20.0    18.0     0.141    4.85     1.1       0
    -------------------------------------------------------------------------
    HDB-328  258.0   393.0   135.0   121.5     0.168    5.76     0.1       2
    -------------------------------------------------------------------------
    

No surface exploration drilling was undertaken during the quarter as the Company is awaiting approval of applications for permitting of drill pads. A diamond core geotechnical borehole was successfully completed, holing into the west lateral development and providing cover information for the planned West Alimak ventilation raise, which has been approved by the Bureau of Land Management.

Ferdi Dippenaar, President and CEO, commented: "Our Hollister Project has now had the benefit of approximately one year of trial mining. We continue to make good progress toward ascertaining the most efficient mining method and the development of underground infrastructure. Cash production costs are also decreasing in-line with plan and we expect to make further improvements as our understanding of the orebody increases. Although the build-up in extracted ounces in 2009 has been slower than anticipated, the in-fill drilling shows the high grade material available in the areas that will be accessed over the next 12 months. The construction of the second Alimak raise will improve the ventilation and provide safe access to additional areas for trial mining and continued exploration at the newly discovered Gloria vein systems."

Phil Bentley, Pr.Sci.Nat. (SACNAS) Vice President for Geology and Exploration for the Company and a qualified person, and Johan Oelofse, PrEng, FSAIMM, Chief Operating Officer for the Company and a qualified person, have reviewed this news release on behalf of Great Basin Gold.

    

    Ferdi Dippenaar
    President and CEO
    

Results for the third quarter from underground exploration and stope delineation drilling are summarised below. A complete tabulation of the Hollister drilling results is available on the Great Basin Gold website www.grtbasin.com.

For additional details on Great Basin Gold Ltd. and its gold properties, please visit the Company's website at www.grtbasin.com or contact Investor Services:

    
    No regulatory authority has approved or disapproved the information
    contained in this news release.
    

Cautionary Note regarding Non-GAAP Measurements

Cash cost per ounce produced is a not a generally accepted accounting principles ("GAAP") based figure but rather is intended to serve as a performance measure providing some indication of the mining and processing efficiency and effectiveness of test mining at the Hollister project. It is determined by dividing the relevant mining and processing costs excluding royalties by the ounces produced in the period. There may be some variation in the method of computation of "cash cost per ounce produced" as determined by the Company compared with other mining companies. In this context, "ounces produced" in-process and dore inventory along with ounces of gold sold in the period. Cash costs per ounce produced may vary from one period to another due to operating efficiencies, waste to ore ratios, grade of ore processed and gold recovery rates in the period. We provide this measure to our investors to allow them to also monitor operational efficiencies of test mining at Hollister. As a Non-GAAP Financial Measures cash cost per ounce should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. There are material limitations associated with the use of such Non-GAAP measures.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address possible future commercial production, reserve potential, exploration drilling results, development, feasibility or exploitation activities and events or developments that Great Basin Gold expects to occur are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, geopolitical uncertainty, changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's annual Form 40-F filing with the United States Securities and Exchange Commission and its home jurisdiction filings that are available at www.sedar.com.

    
    Q3 Gwenivere Stope Delineation drilling results

    -------------------------------------------------------------------------
                Vein       Sample
            Intersection  Interval   Dril-  Est.      Analytical Results
    Drill       (ft)        (ft)      led  True  ----------------------------
    Hole     ----------- ---------- Thick- Thick-
    ID                               ness  ness     Au      Au     Ag     Ag
             From    To  From    To   (ft)  (ft)  (opt)   (g/t)  (opt)  (g/t)
    -------------------------------------------------------------------------
    HSD-75   20.3  23.1               1.9   1.6   0.202    6.93    0.5     16
             24.1  24.7               0.6   0.5   0.192    6.58    0.4     13
    -------------------------------------------------------------------------
    HSD-80   32.8  33.3               0.5   0.5   0.574   19.68    0.7     23
             58.2  64.4               6.2   5.8   0.430   14.74    0.2      6
             93.3  94.6               1.3   1.2   0.454   15.57    0.5     18
            107.0 112.0               5.0   4.7   0.212    7.27    0.1      4
    -------------------------------------------------------------------------
    HSD-81   23.4  28.5               5.1   3.9   0.680   23.31    0.9     30
             30.9  33.4               2.5   1.9   0.422   14.47    0.8     26
             33.4  37.0               3.6   2.8   0.354   12.14    0.3     10
    -------------------------------------------------------------------------
    HSD-82   80.0  80.9               0.9   0.7   0.427   14.64    2.3     80
             82.3  83.2               0.9   0.7   0.269    9.22    1.5     52
    -------------------------------------------------------------------------
    HSD-83   46.3  48.3               2.0   1.9   0.440   15.09    1.5     51
             48.3  56.8               8.5   8.0   1.220   41.80    4.0    136
                         48.3  49.0   0.7   0.7  11.974  410.53   35.6   1219
                         49.0  52.0   3.0   2.8   0.424   14.54    2.0     67
                         52.0  56.8   4.8   4.5   0.148    5.07    0.6     22
             58.8  59.7               0.9   0.8   2.168   74.33   11.0    376
    -------------------------------------------------------------------------
    HSD-84   63.3  65.8               2.5   1.9  11.677  400.36  111.5   3822
                         63.3  64.3   1.0   0.8  26.484  908.00  263.9   9049
                         64.3  65.2   0.9   0.7   0.640   21.94    5.8    197
                         65.2  65.8   0.6   0.5   3.556  121.92   16.0    548
             66.9  67.4               0.5   0.4  10.080  345.59   36.3   1244
             69.3  72.2               2.9   2.2   6.713  230.18   18.9    648
                         69.3  70.4   1.1   0.8  16.754  574.41   45.7   1565
                         70.4  71.6   1.2   0.9   0.462   15.84    1.7     58
                         71.6  72.2   0.6   0.5   0.810   27.77    4.2    145
             80.0  80.6               0.6   0.5   0.820   28.11   10.4    356
    -------------------------------------------------------------------------
    HSD-85   85.0  93.0               8.0   4.6   6.166  314.24   25.5    874
                         85.0  86.4   1.6   0.9   6.352  217.78   25.1    860
                         86.4  93.0   6.6   3.8   9.848  337.64   25.6    878
             97.0 101.3               5.6   3.2  62.889 2156.13  154.5   5298
                         97.0  99.3   2.3   1.3 137.294 4707.13  317.8  10895
                         99.3 101.3   2.0   1.1   0.244    8.37    2.6     90
                        101.3 102.6   1.3   0.7  27.624  947.09   99.4   3409
            108.5 116.5               8.0   4.6  15.247  522.74   47.2   1620
                        108.5 112.5   4.0   2.3   6.120  209.82   26.9    923
                        112.5 116.5   4.0   2.3  24.374  835.66   67.6   2316
    -------------------------------------------------------------------------
    HSD-86   64.0  69.5               5.5   5.2  25.950  889.73  234.8   8049
                         64.0  66.1   2.1   2.0   5.493  188.33   23.0    790
                         66.1  67.6   1.5   1.4  84.913 2911.24  810.1  27773
                         67.6  69.5   1.9   1.8   2.014   69.05   14.6    500
             73.6  77.0               3.4   3.2   0.584   20.02    1.7     59
    -------------------------------------------------------------------------
    HSD-87   65.0  68.5               3.5   2.7   0.228    7.82    0.6     19
             79.3  82.8               3.5   2.7   6.051  207.46   29.7   1019
                         79.3  80.3   1.0   0.8   0.147    5.04    0.7     23
                         80.3  81.0   0.7   0.5  17.422  597.33   89.1   3055
                         81.0  81.5   0.5   0.4   9.299  318.82   31.6   1083
                         81.5  82.1   0.6   0.5   1.477   50.64    1.1     39
                         82.1  82.8   0.7   0.5   4.715  161.65   35.0   1199
            101.0 102.0               1.0   0.8   0.702   24.09    5.4    184
    -------------------------------------------------------------------------
    HSD-89   54.0  56.5               2.5   1.6   0.531   18.21    2.6     88
                         54.0  54.6   0.6   0.4   0.244    8.37    3.3    112
                         54.6  55.9   1.3   0.8   0.160    5.49    2.4     81
                         55.9  56.5   0.6   0.4   1.622   55.61    2.3     77
             64.1  64.7               0.6   0.4   0.715   24.51    1.1     37
             75.3  76.1               0.8   0.5   0.202    6.93   11.0    376
             77.7  78.3               0.6   0.4   0.498   17.07    0.4     12
    -------------------------------------------------------------------------
    HSD-90   49.0  54.5               5.6   4.8   1.014   34.77    1.0     35
                         49.0  51.2   2.2   1.9   0.687   23.55    0.5     17
                         51.2  51.6   0.4   0.3   1.254   42.99    2.2     76
                         51.6  52.1   0.6   0.5   1.336   45.81    2.1     71
                         52.1  52.4   0.3   0.3   0.307   10.53    0.4     12
                         52.4  54.5   2.1   1.8   1.320   45.26    1.1     38
             64.0  64.8               0.8   0.7   0.174    5.97    0.1      2
    -------------------------------------------------------------------------
    HSD-91   36.5  37.4               0.9   0.6   0.278    9.53   0.16      5
             75.0  77.5               2.5   1.6   0.826   28.32   0.51     18
    -------------------------------------------------------------------------
    HSD-92   16.0  16.6               0.6   0.5   0.144    4.93   0.19      6
             59.5  60.5               1.0   0.8   0.119    4.06   0.24      8
             61.5  62.2               0.7   0.6   0.115    3.95   2.22     76
    -------------------------------------------------------------------------
    HSD-92A  36.7  42.6               5.9   4.8   3.672  125.89   6.54    224
                         36.7  37.8   1.1   0.9   4.820  165.25   9.21    316
                         37.8  38.9   1.1   0.9   2.056   70.49   1.81     62
                         38.9  40.6   1.7   1.4   8.080  277.02  15.11    518
                         40.6  42.6   2.0   1.6   0.182    6.24   0.40     14
             53.9  54.5               0.6   0.5   0.172    5.90   2.04     70
             64.5  65.5               1.0   0.8   1.444   49.51   7.35    252
    -------------------------------------------------------------------------
    HSD-93   19.9  20.6               0.7   0.6   0.198    6.79   0.15      5
            135.2 135.7               0.5   0.4   0.562   19.27   0.52     18
    -------------------------------------------------------------------------
    HSD-93A  39.4  42.5               3.1   2.7   1.686   57.81   4.43    152
             58.1  58.7               0.6   0.5   0.386   13.23   0.33     11
    -------------------------------------------------------------------------
    HSD-94   65.4  66.8               1.8   1.5   3.858  132.27   21.9    751
             91.1  91.8               0.7   0.6   0.284    9.39    1.1     37
            119.4 120.1               0.7   0.6   1.652   56.64    3.9    137
            191.7 192.3               0.6   0.5   1.040   35.66    4.4    152
            199.9 200.5               0.6   0.5   0.436   14.95    1.5     50
    -------------------------------------------------------------------------
    HSD-95   42.8  43.8               1.0   0.6   0.326   11.18  27.99    960
             89.1  92.0               2.7   1.5   0.604   20.71   8.94    307
                         89.1  91.1   1.8   1.0   0.322   11.04  10.73    368
                         91.1  92.0   0.9   0.5   1.168   40.05   5.37    184
            130.4 132.7               2.3   1.3   0.168    5.76   1.05     36
    -------------------------------------------------------------------------
    HSD-96   47.6  48.0               0.4   0.3   0.690   23.66    1.9     65
             67.2  73.0               5.8   4.4   0.611   20.95    6.6    228
                         67.2  69.8   2.6   2.0   0.930   31.89   13.8    474
                         69.8  71.8   2.0   1.5   0.426   14.61    0.7     26
                         71.8  73.0   1.2   0.9   0.228    7.82    0.9     32
             81.1  88.0               6.9   5.3   0.572   19.61    0.7     23
    -------------------------------------------------------------------------
    HSD-97   65.5  66.7               1.2   1.0   6.104  209.28   57.8   1981
            116.3 116.9               0.6   0.5   0.221    7.58    1.0     35
            188.0 188.8               0.8   0.7   0.369   12.65    3.0    102
    -------------------------------------------------------------------------
    HSD-98   70.0  71.0               1.0   0.9   1.535   52.63    2.5     87
             81.4  84.0               2.6   2.4   1.304   44.71    1.3     43
             89.7  90.1               0.4   0.4   0.369   12.65    0.9     31
            117.0 122.0               5.0   4.5   0.207    7.10    0.2      6
    -------------------------------------------------------------------------
    HSD-99   86.0  93.0               7.0   5.7   1.749   59.95   2.31     79
                         86.0  90.0   4.0   3.3   2.660   91.20   3.00    103
                         90.0  92.0   2.0   1.6   0.214    7.34   0.48     17
                         92.0  93.0   1.0   0.8   1.172   40.18   3.21    110
            148.8 150.0               1.2   1.0   0.430   14.74   0.92     32
            259.0 259.6               0.6   0.5   0.015    0.51 176.72   6059
    -------------------------------------------------------------------------
    HSD-100 104.3 104.9               0.6   0.6   0.282    9.67    1.2     40
    -------------------------------------------------------------------------
    HSD-101  82.0  82.5               0.5   0.5   0.564   19.34   1.31     45
    -------------------------------------------------------------------------
    HSD-102  99.0 102.0               2.0   1.5   0.319   10.93   1.17     40
                         99.0  99.6   0.6   0.4   0.114    3.89   2.74     94
                         99.6 101.5   0.9   0.7   0.169    5.79   0.22      8
                        101.5 102.0   0.5   0.4   0.835   28.63   0.99     34
            104.7 105.6               0.9   0.7   2.142   73.44  13.22    453
    -------------------------------------------------------------------------
    HSD-103  25.8  28.3               2.5   2.2   0.877   30.07   2.22     76
             50.6  51.5               0.9   0.8   0.325   11.14   2.92    100
    -------------------------------------------------------------------------
    HSD-104   3.8   4.3               0.5   0.4   0.142    4.85   3.76    129
             18.0  18.9               0.9   0.8   0.516   17.69   0.38     13
             22.0  23.3               1.3   1.1   0.279    9.57   2.19     75
             71.0  71.9               0.9   0.8   0.543   18.62   0.48     17
             85.0    92               7.0   6.1   0.260    8.93   0.16      5
                         85.0  90.0   5.0   4.4   0.170    5.83   0.15      5
    -------------------------------------------------------------------------
    HSD-114              90.0  92.0   2.0   1.7   0.487   16.70   0.18      6
    -------------------------------------------------------------------------
    HSD-105   6.0  8.7                2.7   1.7   0.766   26.26   1.10     38
             24.1  27.2               3.1   2.0   0.574   19.69   0.69     24
                         24.1  24.7   0.6   0.4   0.196    6.72   0.15      5
                         24.7  27.2   2.5   1.6   0.665   22.80   0.82     28
    -------------------------------------------------------------------------
    HSD-105  43.0  46.4               3.4   2.2   0.229    7.86   0.19      7
                         43.0  45.2   2.2   1.4   0.224    7.68   0.18      6
                         45.2  46.4   1.2   0.8   0.239    8.19   0.21      7
    -------------------------------------------------------------------------
    HSD-106  36.0  46.8              10.8   9.4   0.259    8.88   1.35     46
                         36.0  41.0   5.0   4.4   0.128    4.38   0.53     18
                         41.0  43.0   2.0   1.7   0.342   11.73   0.76     26
                         43.0  46.8   3.8   3.3   0.388   13.30   2.74     94
             67.5  68.1               0.6   0.5   0.232    7.95   0.64     22
             85.4    86               0.6   0.5   0.357   12.24   1.06     36
    -------------------------------------------------------------------------
    HSD-107  15.7  18.6               2.9   2.5   0.194    6.65   9.06    311
             21.5  33.8              13.2  11.5   0.604   20.71   2.70     93
                         21.5  24.2   2.7   2.3   0.289    9.91   7.78    267
                         24.2  27.4   3.2   2.8   0.423   14.50   0.27      9
                         27.4  29.1   1.7   1.5   0.579   19.85   0.23      8
                         29.1  31.0   2.8   2.4   1.097   37.61   3.00    103
                         31.0  33.8   2.8   2.4   0.637   21.84   1.78     61
    HSD-107  43.0  43.5               0.5   0.4   0.516   17.69   0.60     21
             48.0  51.5               3.5   3.0   0.225    7.71   0.19      6
    -------------------------------------------------------------------------
    HSD-108  33.5  34.4               0.9   0.8   0.311   10.66   0.83     29
            106.6 107.2               0.6   0.5   0.153    5.25   0.24      8
    -------------------------------------------------------------------------
    HSD-109  28.0  29.0               1.0   1.0   0.606   20.78   0.99     34
             80.2  80.8               0.6   0.6   0.922   31.61   2.74     94
             81.6  82.6               1.0   1.0   0.171    5.86   1.58     54
    -------------------------------------------------------------------------
    HSD-110 105.5 107.2               1.7   1.3   0.336   11.52   2.98    102
    -------------------------------------------------------------------------
    HSD-111  53.0  53.6               0.6   0.5   2.542   87.15   6.35    218
             57.3  58.2               0.9   0.8   0.182    6.24   0.97     33
             69.0  70.3               1.3   1.1   0.230    7.90   1.76     60
                         69.0  69.6   0.6   0.5   0.287    9.84   1.43     49
                         69.6  70.3   0.7   0.6   0.182    6.24   2.04     70
            113.9 114.8               0.9   0.8   0.997   34.18   3.35    115
    -------------------------------------------------------------------------
    HSD-114  63.0  67.5               4.5   4.4   0.156    5.34   1.61     55
                         63.0  65.4   2.4   2.3   0.142    4.85   1.49     51
                         65.4  67.5   2.1   2.0   0.172    5.90   1.75     60
             80.7  85.4               4.7   4.5   1.167   55.43   0.90     31
                         80.7  82.6   1.9   1.8   2.078   71.24   1.11     38
                         82.6  84.4   1.8   1.7   1.940   66.51   1.03     35
                         84.4  85.4   1.0   1.0   0.158    5.42   0.27      9
    -------------------------------------------------------------------------
    HSD-116 102.3 102.9               0.6   0.5   0.141    4.83   0.58     20
            188.6 189.6               1.0   0.8  18.383  630.26 399.30  13690
    HSD-117  62.5  64.6               2.1   1.7   0.165    5.66   0.11      4
             77.0  77.8               0.8   0.6   0.318   10.90   0.13      4
            104.0 105.6               1.6   1.3   0.423   14.50   0.45     16
                        104.0 104.9   0.9   0.7   0.171    5.86   0.10      3
                        104.9 105.6   0.7   0.6   0.747   25.61   0.91     31
    -------------------------------------------------------------------------
    HSD-
     117A   108.6 109.1               0.5   0.4   0.629   21.57   4.23    145
    -------------------------------------------------------------------------
    HSD-
     117B   119.8 120.4               0.6   0.5   0.177    6.07   0.41     14
            175.4 180.0               4.6   3.7   0.790   27.09   3.30    113
                        175.4 177.7   2.3   1.8   1.053   36.10   3.82    131
                        177.7 180.0   2.3   1.8   0.527   18.07   2.77     95
    -------------------------------------------------------------------------
    HSD-118 104.9 107.2               2.3   1.8  36.048 1235.91 380.10  13031
            204.0 207.1               3.1   2.4   0.137    4.69   0.07      3
    -------------------------------------------------------------------------
    HSD-141  58.8  61.7               2.9   1.9   0.559   19.17   0.06      2
             87.9  88.8               0.9   0.6   0.185    6.34   0.80     27
             91.2  91.9               0.7   0.4   0.270    9.26   0.19      6
    -------------------------------------------------------------------------



    Q3 Clementine stope drilling results

    -------------------------------------------------------------------------
                Vein       Sample
            Intersection  Interval   Dril-  Est.      Analytical Results
    Drill       (ft)        (ft)      led  True  ----------------------------
    Hole     ----------- ---------- Thick- Thick-
    ID                               ness  ness     Au      Au     Ag     Ag
             From    To  From    To   (ft)  (ft)  (opt)   (g/t)  (opt)  (g/t)
    -------------------------------------------------------------------------
    HSD-112  No significant intercepts
    -------------------------------------------------------------------------
    HSD-113  81.0  87.0               6.0   5.6   0.307   10.51   0.81     28
                         81.0  82.0   1.0   0.9   0.336   11.52   1.55     53
                         82.0  84.2   2.2   2.1   0.261    8.95   0.74     25
                         84.2  87.0   2.8   2.6   0.332   11.38   0.60     20
    HSD-113  94.6  95.3               0.7   0.7   0.129    4.44   0.17      6
    -------------------------------------------------------------------------
    HSD-119  No significant intercepts
    -------------------------------------------------------------------------
    HSD-120  77.0  79.6               2.6   2.1   1.650   56.57   5.34    183
    -------------------------------------------------------------------------
    HSD-121  62.4  63.3               0.9   0.8   0.050    1.70  12.18    418
    -------------------------------------------------------------------------
    HSD-122  24.8  28.0               3.2   2.3   0.160    5.49   0.43     15
            120.6 122.0               1.4   1.0   0.089    3.05  21.59    740
    -------------------------------------------------------------------------
    HSD-123  17.0  17.9               0.9   0.8   0.239    8.19   0.18      6
             81.1  82.3               1.2   1.0   6.786  232.66  14.91    511
    -------------------------------------------------------------------------
    HSD-124  69.8  72.7               2.9   2.7   1.898   65.07   7.38    253
    -------------------------------------------------------------------------
    HSD-126  No significant intercepts
    -------------------------------------------------------------------------
    HSD-127  17.1  17.7               0.6   0.6   0.144    4.95   0.92     32
             63.0  63.6               0.6   0.6   0.235    8.06   1.81     62
             72.8  74.7               1.9   1.8   2.026   69.48   8.08    277
                         72.8  73.7   0.9   0.8   3.807  130.52  12.79    438
                         73.7  74.7   1.0   0.9   0.424   14.54   3.85    132
    -------------------------------------------------------------------------
    HSD-129  57.0  62.0               5.0   3.5   0.827   28.35   0.08      3
             65.0  65.9               0.9   0.6   0.296   10.15   2.16     74
             67.1  68.2               1.1   0.8   0.536   18.38   2.48     85
             68.2  76.8               8.6   6.0   1.322   45.34   0.50     18
                         68.2  72.0   3.8   2.7   0.588   20.16   0.83     29
                         72.0  76.8   4.8   3.4   1.904   65.28   0.30     10
    -------------------------------------------------------------------------
    HSD-130  57.8  59.6               1.8   1.5   1.080   37.03   6.05    208
             63.0  63.5               0.5   0.4   1.854   63.56  17.09    586
             68.0  68.6               0.6   0.5   0.776   26.61   7.50    257
    -------------------------------------------------------------------------
    HSD-131  48.3  49.0               0.7   0.7   0.215    7.37   4.38    150
    -------------------------------------------------------------------------
    HSD-132  No significant intercepts
    -------------------------------------------------------------------------
    HSD-133  29.0  29.7               0.7   0.7   0.365   12.51   0.80     27
    -------------------------------------------------------------------------
    HSD-134  29.0  30.7               1.7   1.5   0.130    4.45   0.16      6
             49.4  50.3               0.9   0.8   1.626   55.75   1.17     40
    -------------------------------------------------------------------------
    HSD-135  82.6  83.7               1.1   1.0   0.437   14.98   2.42     83
    -------------------------------------------------------------------------
    HSD-136  93.0  98.8               5.8   4.8   0.250    8.59   0.78     27
                         93.0  95.4   2.4   2.0   0.404   13.85   1.66     57
                         95.4  98.8   3.4   2.8   0.142    4.88   0.16      6
    -------------------------------------------------------------------------
    HSD-137  No significant intercepts
    -------------------------------------------------------------------------
    HSD-139  No significant intercepts
    -------------------------------------------------------------------------
    

SOURCE Great Basin Gold Ltd.

For further information: For further information: Tsholo Serunye in South Africa, 27 (0)11 301 1800; Michael Curlook in North America, 1-888-633-9332; Barbara Cano at Breakstone Group in the USA, (646) 452-2334

Organization Profile

Great Basin Gold Ltd.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890