Great Basin Gold Ltd. (fka GBGLF)

[amarksp]

MINEWEB: This media coverage of Mining Indaba 2006 is proudly brought to you by Uranium 1 – the one to watch. Well, Ferdi Dippenaar, I wonder if you’re going to be watching Uranium 1 amongst everything that’s going on at the Indaba this week. How many of these mining indabas have you attended, Ferdi?

FERDI DIPPENAAR: Most of them, Alec, most of them. And of this one, one would say, “Much the same”. I think it’s probably a bit larger than last year. There has been renewed interest with, obviously, the price of gold and the price of uranium.

MINEWEB: Hmm – and what kind of people come together in Cape Town?

FERDI DIPPENAAR: Well, mainly it’s representatives from the mining companies, first of all, and that’s right down from exploration right through to the major producers – and that’s not just in gold uranium, but generally resource companies. And of course what makes it a bit different to the other conferences is the number of reps from government departments – not just South Africa, but throughout Africa, which is a display case or showcase for he rest of Africa in terms of, first of all, governments and their approach to the resources industry, wanting them to come into their markets and invest in their countries, and of course the interaction that takes place.

MINEWEB: Now in the past you were there as a representative of Harmony Gold. Now you’ve got your own company, Great Basin Gold – what will be the difference for you this year?

FERDI DIPPENAAR: Well, Alec, it’s starting all over again, it’s starting small, it’s looking for those projects which would appeal for Great Basin Gold, and of course speaking to people and parties that could make a difference in our future going forward. We have got the Burnstone project in the Evander area, the Balfour area, that we’re looking at taking into definitely feasibility stage by the end of the March quarter. Of course, that’s going to require a bit of input from a lot of people over the next couple of months, and this is the place to meet with them and discuss it with them.

MINEWEB: Ferdi, do you conclude much business at the mining Indaba or is it more contents?

FERDI DIPPENAAR: Not necessarily conclude the business, but the networking and the introduction, that’s probably high on the list. It’s the actual meeting, and then setting up the meetings that follow, the actual conference in the next couple of weeks and the next month or two.