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goldenpolarbear

04/07/13 2:22 PM

#5079 RE: Wooden Indian #5078

Technical Report on the update of the
Mineral Resource and Mineral Reserve Estimate
For Hollister Gold Mine
Elko County, Nevada, USA Page 198 of 371
Report date: February 8,2011
"Table 20.5 Hollister Exploration and Resource oz Targets. Hollister exploration and resource oz targets Target Inferred mineral resources Target classification No Target Tons Au opt Au oz Total oz
Reserve delineation
1
HDB Clem/Gwen veins
Resource delineation
3
Gwenivere Inferred conversion
Clementine Inferred conversion
Blanket Zone
23,256
15.0
348,837
348,837
Advanced follow-up
5
Hatter Graben
4,240,000
0.7
2,968,000
2,968,000
Velvet
742,000
1.0
742,000
South Velvet
1,060,000
0.8
848,000
Gloria
318,000
0.7
222,600
Blanket zone
37,209
10.0
372,093
SE Gwenivere
848,000
0.7
593,600
2,778,293 " Inferred 6 095 130 Au oz Total oz * Do you think those numbers have decreased since 2011?
20.1.5. Mine Infrastructure & Services
Great Basin Gold has compiled detailed mine infrastructure plans, inclusive of an underground mine shop, underground rescue stations, groundwater and mine water pumping systems, water discharge systems, primary and secondary mine ventilation systems, compressed air systems, mine communication systems and electricity supply.
Power distribution from the main transformer will be stepped down from the incoming voltage to 13,800 volts. From the main transformer, power will be carried by underground cable to the portal and hence underground to the mobile load centres (“MLCs”). Each MLC will step the power down from 13,800 volts to either 4,160 or 480 volts (most underground equipment operates on 480 volts). It is estimated that the mine will have up to eight MLCs operating when the mine attains full production.
20.1.6. Processing Options
The Company's processing options, plans and the recoveries related to its processing facilities are discussed in Sub-Section 18.3.
Results of Toll Milling campaigns are included in Sub-Section 18.2
20.1.7. Markets
Metal is refined by Johnson Mathey, Salt Lake City, Utah, and sold to Red Kite Explorer Trust at spot prices in terms.

Please visit page 198 and thank you T. for the info:
www.greatbasingold.com/c_assets/nevada/GBG_Hollister_technical_report_08Feb2011.pdf