Great Basin Gold Ltd. - Home Page

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July 02, 2009 Home Site Map

What's New

Annual Financial Statement
(PDF, 308KB)

Feasibility Study (PDF, 3MB)

May 17, 2007: News Releases: Great Basin Gold Announces Extended Time To Conclu... (more...)

May 15, 2007: News Releases: Great Basin Gold Initiates Quarterly Reporting On ... (more...)

May 14, 2007: News Releases: Great Basin Gold Adopts Shareholder Rights Plan (more...)

Welcome

Great Basin Gold is developing mining assets in two of the world's richest gold environments -- the Witwatersrand Basin of South Africa and the Carlin Trend of Nevada, USA, positioning the Company to grow substantially in value as it progresses towards its goal of becoming a low-cost mid-tier gold producer.

DELIVERING GROWTH -- CREATING VALUE

Investment Highlights -- Poised to Become a Mid-tier Gold Producer

Anticipated low cost production. Production from a resource of 1 million gold equivalent ounces at the Hollister property on the prolific and highly developed Carlin Trend in Nevada is expected in 2008. HDB's annual gold equivalent production is expected at 160,000 ounces for six years (50% attributable to Great Basin), at a grade of 1.3 ounces (42g/ton)of gold per ton.

Gold production at the Burnstone Mine, located in the world's most prolific goldfield, the Witwatersrand Basin in South Africa. The area contains a gold resource in excess of 7 million ounces.

Feasibility Study for an initial operation in Area 1 at Burnstone Mine indicates it would produce an average of 214,000 ounces of gold annually for 14 years. Substantial additional resources are available for later phases of development.

Extensive growth opportunities. Great Basin's Hollister and Burnstone properties provide high potential for increases of currently outlined resources through additional exploration.

Financially sound and debt free. Great Basin has a healthy balance sheet, debt free, a strong working capital position, and, through the Hecla agreement, is substantially funded to production at the HDB operation.