🕐21.04.10 - 20:51 Uhr
GREAT BASIN GOLD ENTERS INTO ORE PURCHASE AGREEMENT WITH NEWMONT AND PROVIDES FU RTHER OPERATIONAL UPDATES
Great Basin Gold Newsletter | responsible delivery | GBG : TSX, NYSE Amex, JSE | 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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