VANCOUVER,
Oct. 31, 2011 /PRNewswire/ - Great
Basin Gold Ltd. ("Great Basin Gold" or the "Company") (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
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.
SOURCE Great Basin Gold Ltd.