🕐21.04.10 - 20:51 Uhr

GREAT BASIN GOLD ENTERS INTO ORE PURCHASE AGREEMENT WITH NEWMONT AND PROVIDES FU
RTHER OPERATIONAL UPDATES



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www.grtbasin.com / gbgold.mobi

2010-04-21

GREAT BASIN GOLD ENTERS INTO ORE PURCHASE AGREEMENT WITH NEWMONT AND PROVIDES FURTHER OPERATIONAL UPDATES

April 21, 2010, Vancouver, BC - Great Basin Gold Ltd, ("Great Basin" or the "Company"), (TSX: GBG; NYSE Amex: GBG; JSE: GBG) today announced that the Company has entered into an ore purchase agreement with Newmont Mining Ltd ("Newmont") to sell up to a maximum of 50,000 ore tons, but not less than 35,000 ore tons, currently stockpiled at the Hollister property.

The Company plans to immediately send 40,000 tons in terms of this agreement.

At April 11 2010, the stockpile comprised approximately 51,000 wet tons containing an estimated 49,000 gold equivalent ounces (Au eqv oz).

Read more

Michael Curlook
IR Manager & Corporate Development

Toll Free: 1 888-633-9332

or

Tsholofelo Serunye
Investor Relations Officer

Office: +27 11 301 1800

or

Barbara Cano
Breakstone Group

Office: 1-646-452-2334

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