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GBG - Great Basin Gold Limited - Appointment of Vice President for the Nevada
Operations
GREAT BASIN GOLD LIMITED
(Incorporated in Canada and registered as an External Company in South
Africa)
(Registration No. 2006/021304/10)
Share Code: GBG ISIN Number: CA3901241057
("Great Basin Gold" OR "the Company")
GREAT BASIN GOLD ANNOUNCES THE APPOINTMENT OF A VICE PRESIDENT FOR THE NEVADA
OPERATIONS
October 31, 2011, Vancouver BC - Great Basin Gold Ltd. ("Great Basin Gold"
(TSX: GBG; NYSE Amex: GBG; JSE: GBG) announces an addition to its management
team with the appointment of Joseph M. (Joe) Driscoll as Vice President (VP)
for Great Basin Gold`s Nevada Operations.
Joe Driscoll is a qualified Mining Engineer and alumnus of the College of
Mineral Science and Technology (1987) from which he holds a Bachelor of
Science degree. He started his mining career at Western Energy Company as a
Metallurgical Technician in 1986, following which he also worked for Pegasus
Gold, New Butte Mining Company, Independence Mining Company, Stillwater
Mining Company and Newmont`s Carlin and Midas Operations. In 2005, he was
Mine Manager at Queenstake Resources` Jerritt Canyon Operations, and in 2006
he joined Barrick`s Goldstrike Mine as Mine Operations and Maintenance
Superintendent. In 2007, he rejoined Newmont`s Carlin Operation where he has
been Leeville Mine Manager until this appointment with Great Basin Gold.
Responsible for leading the well-qualified management team that is primarily
focused on safely operating and developing the Company`s Hollister and
Esmeralda operations, Joe will be instrumental in enhancing partnerships and
relations with stakeholders in the area. His role will also be to direct the
team`s efforts toward the intended long term growth, backed by sustained
performance, in that operating environment.
President and CEO Ferdi Dippenaar said: "We are extremely pleased to have Joe
join the company and strengthen our operational team in Nevada. He brings
with him a wealth of knowledge and experience which we believe will be
instrumental in unlocking the value of our Hollister and Esmeralda projects
in Nevada."
Ferdi Dippenaar
President and CEO
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:
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
+1 646 452-2334
No regulatory authority has approved or disapproved the information contained
in this news release.
Cautionary and Forward Looking Statement Information
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, bank
loan arrangements, 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 for precious
metals, credit availability, development 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, and
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 those 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 Canadian jurisdiction filings that are available at
www.sedar.com.
Canada
31 October 2011
Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)
Date: 31/10/2011 14:30:01 Supplied by www.sharenet.co.za
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