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Last Post: 9/27/2016 12:49:23 AM - Followers: 140 - Board type: Free - Posts Today: 1

https://www.sec.gov/litigation/admin/2016/34-78363.pdfGreat Basin Gold Limited

ABOUT THE COMPANY

Great Basin Gold Limited is an international mining company with two emerging mines in the world's richest gold regions: the Hollister Mine on the Carlin Trend in Nevada and the Burnstone Mine in the Witwatersrand Basin, South Africa. These assets, combined with exploration activities in Tanzania and Mozambique, make Great Basin Gold an exceptionally well positioned investment opportunity.

Burnstone Mine is the first greenfield operation to come online in the Witwatersrand Basin in 30 years, commencing production at a time of record high gold prices and increasing demand. The Hollister Property presents one of the highest-grade deposits entering production today, with prolific potential to increase resources through further exploration of the surrounding area. Lead by a multidisciplinary team of respected industry veterans, Great Basin Gold is poised to transition into a significant commercial producer with excellent growth possibilities.

 

Business Strategy

Great Basin Gold Limited is an international mining company engaged in exploration, development and operation of high-quality gold properties, all while building shareholder value and sustainable communities. The company is currently focused on its two emerging flagship mines in the world's richest gold-producing regions, the Hollister gold mine and associated operations located on the Carlin Trend in Nevada, USA and the Burnstone gold mine located in the Witwatersrand Basin goldfield of South Africa. Together, these operations comprise a total resource base of 23.4M Au oz and 7.3M Au oz reserves.

Great Basin Gold is evolving into a leading mid-tier gold producer through a well-defined strategy of:

  • developing gold projects and assets into high margin mining units;
    continuing to increase our reserve and resource base through exploration; and
    acquiring companies and assets suited to expanding our business.

Great Basin Gold also has prospective exploration projects in both Mozambique and Tanzania.



 

Bank

Canadian Imperial Bank of Commerce
400 Burrard Street
Vancouver, British Columbia
Canada V6C 3A6

Transfer Agent

Computershare Trust Company of Canada
4th Floor, 510 Burrard Street
Vancouver, British Columbia
Canada V6C 3B9

 

Attorneys

McMillan LLP
Royal Centre, 1055 West Georgia St
Suite 1500, PO Box 11117
Vancouver, BC V6E 4N7
Canada

Auditors

PricewaterhouseCoopers Inc
2 Eglin Road,Sunninghill 2157
Private Bag x36
Sunninghill 2157
South Africa

 

Great Basin Gold Limited, incorporated in Canada - Reg no: 436691

Registered & Operational Offices:
138 West Street, Sandton 2146, South Africa

1108-1030 West Georgia Street
Vancouver BC, Canada, V6E 2Y3


 

Governance

The Board of Directors of the Company has adopted these Corporate Governance Guidelines to assist the Board in the exercise of its responsibilities:

Corporate Governance Policies and Procedures Manual

Environmental Policy 2009

JSE Annual Compliance Certificate 2011

NYSE Amex Corporate Governance Certification Form 2010

Shareholder's Rights Plan Agreement


 

Exploration

Great Basin Gold is continuing to increase its resource base through focused exploration programs. Over and above continued activities at the Hollister and Burnstone properties, greenfields exploration is also being undertaken in Tanzania and Mozambique.




 

Burnstone Geology

 

The Witwatersrand Basin deposits, such as that found on the Burnstone Property, generally represent gold concentrations, called placer deposits (or "reefs", in local mining terminology), hosted within coarse-grained sediments (conglomerates) deposited in braided stream channels on broad river plains. Economic gold concentrations commonly extend for several km down the dip, and for up to 50 km (30 mi) along strike of the sedimentary rock units. Gold occurs as detrital grains in nugget-like shapes and secondary (re-crystallized) grains, ranging in size between 0.005 and 0.5 mm diameter.

The Witwatersrand Basin has been affected by several structural events. Many studies now differentiate between deformation that was taking place during deposition of the Witwatersrand sediments and subsequent deformation. Deformation that occurred during the deposition of the sediments played a key role in the distribution and thickness of the host rocks as well as the occurrence of the gold-bearing reefs. Later faulting and buckling of the sequence determined which parts of the basin remained buried, and the depths to mineable horizons.

The South Rand area is located in the north eastern part of the Witwatersrand Basin. In the South Rand, the Witwatersrand sequence is thinner than in other parts of the Basin. The West Rand Group, comprising about 1,500 m (4,920 ft) of alternating quartz arenite and shale units, unconformably overlies the Archaean granite-greenstone basement rocks. The overlying Central Rand Group strata are approximately 900 m (2,950 ft) thick and include the Kimberley Reef horizon, which is the main gold-bearing unit on the Burnstone Property. The Johannesburg Subgroup, including the Bird amygdaloidal lava and the Kimberley shale, is about 300 m (985 ft) thick. The Turffontein Subgroup is approximately 600 m (1,970 ft) thick and is made up of a sequence of quartz arenites and conglomerates that correlate with the Elsburg Formation.

An 18-km (11-mi) long northwest-southeast gold trend has been outlined on the Burnstone Property that appears to be associated with a large, ancient, braided channel system extending over the property. Drilling has also shown that two northwest-southeast trending sub-parallel faults, spaced four km apart, have uplifted the central portion of the gold corridor. As a result, a substantial portion of the gold-bearing horizon along the main deposit trend lies between 250 and 750 m (820-2,640 ft) in depth, which is relatively shallow for Witwatersrand gold deposits. The average thickness of the reef is 35 cm.



 

Nevada Operations Geology

GeologyThe Hollister Property is located at the intersection of the Carlin Trend and the Northern Nevada Rift. The Carlin trend is a northwest trending, 50-mile long metallogenic corridor, which hosts significant opencast and underground operations that have produced in excess of 70 million ounces of gold. Carlin Trend-type mineralization is 38-43 Myrs (Eocene) in age. The Northern Nevada Rift is a north - northwest trending structural feature made up of bimodal volcanic rocks that host Miocene-aged (13-15 Myr) low sulphur-type epithermal gold deposits such as Midas, Mule Canyon, Buckskin National and Hollister. The Paleozoic stratigraphy and Eocene magmatic pulse that is critical to the development of Carlin-type deposits to the southwest are in evidence at Hollister, as are the Miocene mineralizing events. The Hollister stratigraphic section includes Ordovician sedimentary rocks intruded by mid-Eocene plutons and unconformably overlain by a veneer of Miocene volcanic and volcano-sedimentary rocks. Devonian sedimentary rocks have been intersected at a depth below the Ordovician sediments under the Roberts Mountain Thrust.

Epithermal gold mineralization at the Hollister Property occurred in the early Miocene (15.1 Myr) and is directly related to right - lateral wrench tectonics associated with the Northern Nevada Rift, where it over-prints the Carlin Trend. The Hollister Property hosts a low-sulfidation Au-Ag epithermal system characterized by banded quartz veins with electrum, native gold and silver selenides. To date over 40 mineralized veins have been modeled in the main Clementine-Gwenivere vein systems. The veins are narrow (1-3 feet wide), and commonly display colliform banding, brecciation and silicification features indicative of multiple pulses of fluid movement. The low-sulphur epithermal vein systems form as part of a geothermal system around the interface of hot volcanic derived hydrothermal fluids and cold meteoric water influx.  Similar active systems such as Yellowstone National Park (Wyoming) and the Taupo Volcanic Zone (New Zealand) demonstrate many of the features observed at Hollister.

Although mineral resources and reserves are delineated on the epithermal vein system hosted in Ordovician metasedimentary host rocks, continued exploration of the orebody has delineated  zones of disseminated gold mineralization in the overlying Tertiary volcanic, within which restricted structures host zones up to 100 oz per ton Au. These super high grade Blanket Zones are being accessed and developed as a separate ore source, and have to date have been tested metallurgically at a separate whole ore roasting facility.

Some of the primary geological elements of the sediment-hosted gold deposits of the Carlin Trend are present at the Hollister Property, including Eocene intrusive rocks and lower-plate carbonate rocks. The Hatter stock (a grandioritic intrusive) at the Hollister Property has been dated at 39 Ma and is similar to 39 Ma biotite-feldspar porphyry dikes occurring in the Goldstrike area 5 miles SE in the Carlin trend. The main pulse of gold mineralization on the Carlin Trend is dated at about 38 Ma and commonly thought to be associated with late-Eocene magmatism.

Great Basin Gold is an international mining company with advanced stage developed projects: Hollister on the Carlin Trend in Nevada and Burnstone in the Witwatersrand Basin.

Responsible delivery: we are passionate about delivering value - not just to our investors, but to the surrounding communities in which we operate.


Hollister Mine
Carlin Trend, Nevada USA

Burnstone Mine
Witwatersrand Basin, South Africa
About us quick links:
   

 



Great Basin Gold is a speculative investment. Readers should perform their own due dilligence and recognize that the posts contained herein may contain inaccurate information and/or unjustified hype.

SA Quote:http://www.miningmx.com/financial_tools/chart_centre

Website: http://www.grtbasin.com/

SEC filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000865492&owner=include

SEDAR:http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00004256

Properties: Burnstone - http://www.grtbasin.com/index.html?lf=1;pg=9;

Hollister - http://www.grtbasin.com/index.html?lf=1;pg=10;

Presentations:http://www.grtbasin.com/index.html?lf=1;pg=16;

Fact Sheet:
http://www.grtbasin.com/gup/filez/GBG_Jan_2008.pdf

RECENT 2016 info about this FIASCO


http://www.klondexmines.com/investors/news/klondex-announces-agreement-to-acquire-the-hollister-mine-and-ccad100-million-subscription-receipt-offering 

http://www.iol.co.za/business/news/southgold-business-rescue-completed-1714015 

http://www.polity.org.za/article/business-rescue-of-southgold-gives-mine-a-new-lease-on-life-2014-08-07 

https://www.sibanyegold.co.za/investors/events/presentations/2016/send/37-2016/366-update2016-04-burnstone-project 

http://www.iol.co.za/business/news/southgold-business-rescue-completed-1714015

https://www.sibanyegold.co.za/investors/events/presentations/2016/send/37-2016/365-update2016-03-gold-projects 



https://www.sec.gov/alj/aljorders/2016/ap-4010.pdf 

https://www.sec.gov/alj/aljorders/2016/ap-4045.pdf 


http://cfcanada.fticonsulting.com/GBGL/docs/FTI%20GBGL%20Receiver's%20Fourth%20Report.pdf 


http://witsgold.com/

http://cfcanada.fticonsulting.com/GBGL/default.htm

http://cfcanada.fticonsulting.com/GBGL/docs/Great%20Basin%20Gold%20Ltd%20-%20Permanent%20ICTO.pdf

https://www.kpmg.com/Ca/en/services/Advisory/TransactionRestructuring/CreditorlinkSites/Great-Basin-Gold/Documents/Petition-to-the-Court.pdf


https://www.sec.gov/Archives/edgar/data/1561694/000119312515102104/d891668dex429.htm 

https://www.sec.gov/Archives/edgar/data/1561694/000119312515102104/d891668dex428.htm 

https://www.sec.gov/Archives/edgar/data/1561694/000119312515102104/d891668dex430.htm 

https://www.sec.gov/Archives/edgar/data/1561694/000119312515102104/d891668dex431.htm 

https://www.sec.gov/alj/aljorders/2016/ap-4051.pdf




http://www.kpmg.com/ca/en/services/advisory/transactionrestructuring/creditorlinksites/great-basin-gold/pages/default.aspx

http://cfcanada.fticonsulting.com/GBGL/default.htm

http://www.lawsonlundell.com/media/news/373_CAIRP%20Commercial%20Technical%20Update%20-%202013.pdf

http://www.witsgold.com/investors-and-media/company-announcements/2014/results-of-scheme-meeting-and-finalisation-announcement-03-13-2014


http://www.sibanyegold.co.za/index.php/2012-12-30-10-07-54/sibanye-gold-technical-and-operating-update-4-5-june-2014/doc_download/152-the-burnstone-project-richard-stewart-senior-vice-president-business-development 

https://www.kpmg.com/Ca/en/services/Advisory/TransactionRestructuring/CreditorlinkSites/Great-Basin-Gold/Documents/First-Affidavit-of-Steven-Duenkler.pdf

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PostSubject
#10490  Sticky Note Useful links nagoya1 11/15/13 12:45:57 PM
#14139   - Counsel to certain unaffiliated holders of Great goldenpolarbear 09/27/16 12:49:23 AM
#14138   The Royal Bank of Canada will be https://www.sec.gov/Archives/edgar/data/865492/000106299309004088/ goldenpolarbear 09/26/16 06:44:47 PM
#14137   Credit Suisse entered the South African market in goldenpolarbear 09/26/16 06:08:17 PM
#14136   Ronald Thiessen, President and CEO of Northern Dynasty goldenpolarbear 09/26/16 05:50:23 PM
#14135   "...Great Basin Gold Ltd.'s former director, Walter Segsworth, goldenpolarbear 09/26/16 05:05:03 PM
#14134   If GBG is on its last legs, the nagoya1 09/26/16 01:51:29 PM
#14133   Panama Papers http://panama.data2www.com/o/12060829 goldenpolarbear 09/25/16 05:59:43 PM
#14132   Boulder Investments Ltd Cyprus 100% (held through GBG Rusaf Gold Ltd.) goldenpolarbear 09/25/16 05:54:00 PM
#14131   https://www.sec.gov/Archives/edgar/data/865492/000106299312001092/exhibit99-5.ht goldenpolarbear 09/25/16 05:29:46 PM
#14130   Sibanye Gold picked up the Burnstone gold mine goldenpolarbear 09/25/16 03:33:57 PM
#14129   Great Basin Gold Ltd goldenpolarbear 09/24/16 02:17:52 PM
#14128   Hollister Gold mine goldenpolarbear 09/23/16 10:40:35 PM
#14127   Accordingly, Respondent is ORDERED to SHOW CAUSE by goldenpolarbear 09/23/16 07:17:41 PM
#14126   "...Great Basin ex Segsworth fights Credit Suisse case goldenpolarbear 09/23/16 07:01:37 PM
#14125   Southgold business rescue completed goldenpolarbear 09/23/16 08:38:51 AM
#14124   2016 Net Worth for Congressman Ron Paul goldenpolarbear 09/22/16 12:02:10 PM
#14123   Will GBGLF still-be-trading in-mid-October if-$o---$$$$ imho! goldenpolarbear 09/22/16 11:59:29 AM
#14122   In 2012, goldenpolarbear 09/22/16 11:53:01 AM
#14121   Who knows, is it possible that the crap Nuru 09/22/16 06:04:13 AM
#14120   Quote: Nevada miner’s collapse leads to fraud action goldenpolarbear 09/21/16 08:24:31 PM
#14119   The company will continue to forge ahead with goldenpolarbear 09/21/16 06:25:07 PM
#14118   "...1 minute ago The Big Decision: No Change goldenpolarbear 09/21/16 01:51:22 PM
#14117   This Denver Gold Forum Sibanye Gold presentation lacks goldenpolarbear 09/20/16 09:24:13 PM
#14116   Froneman says Zuma must quit goldenpolarbear 09/20/16 08:15:29 PM
#14115   "...Gold rose for a second straight session on goldenpolarbear 09/20/16 11:56:07 AM
#14114   South African President Jacob Zuma “has to go,” goldenpolarbear 09/20/16 08:34:02 AM
#14113   Jacob Zuma must go—but Sibanye’s Neil Froneman sees goldenpolarbear 09/20/16 06:38:18 AM
#14112   Zuma has to go, says top gold miner goldenpolarbear 09/20/16 12:42:33 AM
#14111   Your post reminded me that South Africa is RonGA58 09/19/16 09:16:02 PM
#14110   Now you are getting me excited!! RonGA58 09/19/16 09:11:31 PM
#14109   That is interesting to see Sprott showing some RonGA58 09/19/16 09:09:14 PM
#14108   Ownership 2015-10-12 The mine was bought by Sibanye goldenpolarbear 09/19/16 08:15:45 PM
#14107   Central banks boost gold reserves as low interest goldenpolarbear 09/19/16 07:08:11 PM
#14106   Assuming 21 business days and subtracting the North goldenpolarbear 09/19/16 05:10:02 PM
#14105   Standard Chartered Bank together with Credit Suisse AG, goldenpolarbear 09/18/16 09:28:20 PM
#14104   It seems the OTC link is down--maybe maintenance. nagoya1 09/18/16 10:23:59 AM
#14103   "...We apologize, the requested page cannot be found. goldenpolarbear 09/18/16 09:42:13 AM
#14102   "...We apologize, the requested page cannot be found. goldenpolarbear 09/18/16 06:52:22 AM
#14101   http://www.hdgold.com/i/gbg/gbg_detailed_announcement.pdf Great Basin Gold GBGLF goldenpolarbear 09/17/16 10:26:26 PM
#14100   BPI Gestão de Activos - SGFIM SA 71,000 shares goldenpolarbear 09/17/16 10:12:34 PM
#14099   Steven Duenkler goldenpolarbear 09/17/16 09:23:16 PM
#14098   https://www.facebook.com/pages/Burnstone-Mine/225292137581309 Burnstone Gold Mine, goldenpolarbear 09/17/16 02:13:05 PM
#14097   Valid point 21+ business days... goldenpolarbear 09/17/16 11:12:22 AM
#14096   21 business days? The saga continues gbg nagoya1 09/16/16 09:55:27 PM
#14095   If GBGLF is still-trading in-mid-October $$$$ imho! goldenpolarbear 09/16/16 03:27:19 PM
#14094   Do you have any link to show the nagoya1 09/16/16 09:47:38 AM
#14093   Game over LaorgeMONEY 09/16/16 08:12:34 AM
#14092   2016 Net Worth for Congressman Ron Paul goldenpolarbear 09/15/16 09:27:26 PM
#14091   http://www.tma-sa.com/events/tma-sa-conference-2015/79-14-05-pm-peter-van-den-steen-v-squared/file.h goldenpolarbear 09/15/16 09:24:16 PM
#14090   It is ORDERED that, pursuant to Section 12(j) goldenpolarbear 09/15/16 08:31:29 AM
PostSubject