Great Basin Gold announces the appointment of Chief Operating Officer
October 03 2011 - 8:30AM
PR Newswire (Canada)
VANCOUVER, Oct. 3, 2011 /CNW/ - Great Basin Gold Ltd. ("Great Basin
Gold" or the "Company") announces a change to its management team
with the appointment of Dana Roets as Chief Operating Officer. Dana
Roets is a qualified Mining Engineer and an alumnus of the
University of Pretoria (1986), who also holds an MBA through the
University of Cape Town (1995). He started his mining career at
Gold Fields' St Helena Gold Mine in the Free State, and then spent
two years as Manager Mining and General Manager at the Oryx Gold
Mine. He was Managing Director of Kloof Mines before spending four
years as Managing Director of Gold Fields' Free State Mines and
Vice President and Head of Operations at Beatrix Gold Mine.
Subsequently, he spent a further three years as the Vice President:
Technical Services and a year as Vice President and Head of
Operations at the Kloof Gold Mine. He was appointed VP Corporate
Development with Great Basin Gold in February 2010, before joining
Anglo Platinum in mid-2011. President and CEO Ferdi Dippenaar said:
"Dana Roets replaces Johan Oelofse, who has been our Chief
Operating Officer for the past five years and has left the company
to pursue other opportunities. The Board and management would like
to acknowledge Johan's contribution to the development of Great
Basin and wish him good luck in the future." "We also welcome Dana
back and look forward to his input in the growth of our company in
his new role as Chief Operating Officer. Dana was instrumental in
the development and application of Long Hole Stoping as mining
method at our Burnstone operations, the success thereof being
evident today. His experience in the design and project management
of large capital projects will prove equally valuable at this
particular time, as we are progressing with two projects: the
build-up of production at our Burnstone Mine in South Africa and
the advancement of our Hollister Project in Nevada, USA." Ferdi
Dippenaar President and CEO 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. Great Basin Gold Ltd.
CONTACT: For additional details on Great Basin Gold Ltd. and its
goldproperties, please visit the Company's website at
www.grtbasin.com orcontact Investor Services:Tsholo Serunye in
South Africa Michael Curlook in North +27 (0)11 301 1800America +1
888 633 9332+1 646 452-2334Barbara Cano at Breakstone Group in the
USA
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