Great Basin Gold Ltd. (fka GBGLF)

[OriginalFred]

Hecla conference call for 2005 Q3.

Comments on Hollister start at 18:50 in the conference call.

http://biz.yahoo.com/cc/0/62230.html

At the Hollister development project, an underground gold exploration project in Nevada, ramp development continued during the 3rd quarter. Ground conditions have improved allowing for higher advance rates. We are approaching the area of the veins drilled from the surface and in fact have intersected massive white quartz with banded quartz and soft quartz along the strike projections of the Gwenivere veins. Ramping is nearly complete and excavation of the drill lateral will begin soon. Underground drilling will commence in January. We anticipate completing the feasibility study by the end of 2006.