| Great Basin Gold Q4 and Full Year 2010 Interim Results Conference Call and Webcast: Wednesday, February 23, 2011
 
 VANCOUVER, British Columbia, Jan. 31, 2011 /PRNewswire via COMTEX/ -- Great Basin
 Gold Ltd. ("Great Basin Gold" or "the Company") (CA:GBG)(GBG)(jse:GBG) will hold
 its Fourth Quarter and Full Year 2010 unaudited interim results conference call
 and webcast on Wednesday, February 23, 2011 at 6:00 am PST/ 09:00 am EST/ 2:00 pm
 GMT/ 4:00 pm SAST.
 
 The audited year end results filings will be available on SEDAR, EDGAR and SENS
 on or before March 31, 2011. A further announcement will be made related to said
 filing date.
 
 The conference call can be accessed using dial-in number:
 
 866.543.6408 (North America, toll-free),
 
 617.213.8899 (International),
 
 Access Code: 87097475
 
 To ensure timely entry into the call, please dial in at least 15 minutes before
 start time. A live audio webcast of the conference call will also be available
 at: grtbasin.com
 
 A replay will be available one hour after the call for one full week ending at
 11:59 pm EST on Wednesday, March 2, 2011. To access the replay, please dial:
 888-286-8010 (North America, toll-free) or 617-801-6888 (International) using the
 Access Code: 10808129.
 
 A transcript of the call will be available at your request by emailing:
 transcript@za.grtbasin.com
 
 For conference call or other inquiries, please feel free to contact our investor
 relations team at the following numbers:
 
 Michael Curlook -Manager of IR and Corp Dev. 888-633-9332
 
 Tsholo Serunye in South Africa 27 (0)11-301-1800
 
 Barbara Cano at Breakstone Group in the USA 646-452-2334
 
 About Great Basin Gold
 
 Great Basin Gold (CA:GBG)(GBG)(jse:GBG) is a mining company engaged in the
 exploration and development of gold properties. The Company is currently focused
 on bringing two mines into production in the world's two richest gold regions.
 The Hollister gold mine is located on the Carlin Trend in Nevada, USA and the
 Burnstone gold mine, is located in the Witwatersrand goldfield of South Africa.
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