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EMTPETE

10/24/06 11:14 PM

#3019 RE: Pastor Phil #3018

Found it....US$18.57 for every 1,000 shares.....


Company Confirms Dollar Value of Stock Distributions


NEW YORK, NY--(MARKET WIRE)--Dec 16, 2005 -- Great West Gold, Inc. (OTC BB:GWGO.OB - News) announced today a complete schedule in respect of its distribution of its shareholdings in various Companies to its shareholders.
The valuation of the Stock Dividends to Great West Gold, Inc. shareholders are as follows :-

Distribution of Stock:-

This valuation is based upon a holding of 1,000 shares of Great West Gold, Inc. Common Stock.

Bouse Mining Holdings plc -- US$5.09
Ambassador Gold Holdings plc -- US$3.37
Sentinel Resources plc -- US$3.37
Golden Eagle Mining Holdings plc -- US$3.37
Copperstone Mining Holdings plc -- US$3.37
The value of these Stock Dividends to Great West Gold, Inc. shareholders is in the amount of US$18.57 for every 1,000 shares of Great West Gold, Inc., shares of Common Stock.

This equates to a value of US$0.018 per share of Great West Gold, Inc. Common Stock compared to Great West Gold, Inc.'s current share price of US$0.0007.

This valuation does not include the 71.43% shareholding by Great West Gold, Inc. in Western Diversified Mining Resources, Inc.