Great Basin Gold Mining  
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The Nevada Operations of Great Basin Gold comprise the Hollister Property (“Hollister”) located in the north eastern part of the Carlin Trend, approximately 80 km (50mi) from Elko, Nevada, and the Esmeralda Property (“Esmeralda”) located in the south-west, close to the border between Nevada and California and approximately 290 miles (467 kilometers) from Hollister.

Nevada Operations Location Map

Investment Highlights :

  • Hollister is the highest grade ore body under production today
  • Environmental Impact Statement (EIS) is expected in the second half of 2012. The Draft EIS is being prepared in conjunction with BLM and is expected to go out for public comment in March 2012. The publication of the Final EIS is estimated in the second half of 2012.
  • The Hollister and Esmeralda properties present outstanding growth potential
  • 80,000 Au eq oz/year to 100,000 Au eq oz/year average production at a cash cost of US$600/oz over eight year mine life
  • 0.9 M Au eq oz Reserves (P&P)
  • 1.6 M Au eq oz Resources (M&I)

Overview :

Location : Carlin Trend, Nevada USA
Commodity : Gold & Silver
Ownership : 100%
Property Area : 27 sq miles / 69 sq km / 6,900 ha / 17,050 acres
Infrastructure : Access via Interstate 80 freeway;
Major power lines & sub-station nearby;
Well-developed transportation network (air, rail, road)
Mine Neighbours : Newmont, Barrick

Hollister Project Key Information :

Reserves (Proven & Probable) : 0.9M Au eq oz
Production Rate : 350-400 Ore tons per day
Recovery : 92% Au and 76% Ag
Production (Targeted Annual Average) : 80,000 - 100,000 Au eq oz
Life of Mine Production Recovery : 906,912 Au eq oz LoM
Life of Mine : 8 years
Cash Cost : US$600/ Au eq oz. LoM
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