Great Basin Announces the Appointment of Vice President: Corporate Development
February 11 2010 - 10:46AM
PR Newswire (US)
VANCOUVER, Feb. 11 /PRNewswire-FirstCall/ -- Great Basin Gold Ltd.
("Great Basin Gold" or the "Company") (TSX: GBG; NYSE Amex: GBG;
JSE: GBG) announces a change to its management team with Dana Roets
joining the Company as Vice President: Corporate Development. Dana
Roets is a qualified Mining Engineer and an alumnus of the
University of Pretoria (1986), and 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 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 Kloof Gold Mine. President and CEO Ferdi Dippenaar
said: "We welcome Dana to our management team and are looking
forward to tapping into his wealth of mining expertise. We believe
he will play a leading role in Great Basin Gold's future. Dana
brings proven abilities to ensure production results through
leadership, communication and motivational skills. 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 development of 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 http://www.sedar.com/. DATASOURCE:
Great Basin Gold Ltd. CONTACT: For additional details on Great
Basin Gold Ltd. and its gold properties, please visit the Company's
website at http://www.grtbasin.com/ or contact Investor Services:
Tsholo Serunye in South Africa, +27 (0)11 301 1800; Michael Curlook
in North America, 1-888-633-9332; Barbara Cano at Breakstone Group
in the USA, (646) 452-2334
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