Great Basin Gold

Great Basin Gold Limited is an international mining company engaged in exploration, development and operation of high-quality gold properties, all while building shareholder value and sustainable communities. The company is currently focused on its two emerging flagship mines in the world’s richest gold-producing regions: the Hollister gold mine which forms part of its Nevada Operations on the Carlin Trend and the Burnstone gold mine located in the Witwatersrand Basin goldfield of South Africa. Together, these operations comprise a total resource base of 23.4M Au oz and 7.3M Au oz reserves.

Great Basin Gold is evolving into a leading mid-tier gold producer through a well-defined strategy of:

• developing gold projects and assets into high margin mining units;
• continuing to increase our reserve and resource base through exploration; and
• acquiring companies and assets suited to expanding our business.

Great Basin Gold is developing mining assets in two of the world’s richest gold regions – the Carlin Trend of Nevada, USA and the Witwatersrand Basin of South Africa.

Great Basin Gold is developing mining assets in two of the world’s richest gold regions – the Carlin Trend of Nevada, USA and the Witwatersrand Basin of South Africa.

NEVADA OPERATIONS – USA

The Hollister Mine is located in the northeastern part of the Carlin Trend, approximately 80 km (50mi) from Elko, Nevada. Great Basin’s exploration efforts at Hollister from 1997-2001 resulted in the discovery and delineation of several high-grade gold-silver vein systems on the Hollister Development Block (HDB). The main vein systems are called the Clementine, Gwenivere and South Gwenivere.

The Nevada Operations are comprised of the Hollister Property (“Hollister”) located in the northern part of the Carlin Trend, approximately 80 km (50mi) from Elko, Nevada, and the Esmeralda Property (“Esmeralda”) located in the south-west close to the border between Nevada and California, approximately 220 miles (354 kilometers) from Winnemucca and approximately 290 miles (467 kilometers) from the Hollister Property with 80% of the latter distance over paved roads.

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BURNSTONE MINE – RSA

The Burnstone Mine is located about 80 km southeast of Johannesburg and just east of Balfour, in the Mpumalanga Province of the Republic of South Africa. The project has received all of the required permits to complete the development of the mine and commence commercial production.

Burnstone Mine is located in the South Rand area of the Witwatersrand Goldfields, approximately 50 miles (80 kilometers) southeast of the city of Johannesburg and near the town of Balfour. Burnstone has received all of the required permits to complete the development of the mine and commence full-scale underground mining. Commercial production was initiated in February, 2011. Block B and Block C, containing an estimated 280,000 oz and 231,400 oz of Au, respectively, will be the first areas of the ore body to be accessed and mined in the next 36 months. Underground access to the remaining areas of the ore body within the mine plan, is being developed.

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BOARD OF DIRECTORS

Ronald W. Thiessen - Chairman of the Board & Director
Ferdi Dippenaar - President, Chief Executive Officer & Director
Patrick R. Cooke - Director
T. Barry Coughlan - Director
Anu Dhir - Director
Wayne H. Kirk - Director
Philip Kotze - Director
Octavia M. Matloa - Director
Joshua C. Ngoma - Director

SENIOR MANAGEMENT

Johan Oelofse - Chief Operating Officer

Lou van Vuuren - Chief Financial Officer

Phil Bentley - Vice President, Geology & Exploration

Willie Beckmann - Vice President, Legal & Compliance

Dawie Mostert - Vice President, Human Capital