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Gold/Mining/Energy : Great Basin Gold GBG.VSE (merger of Pacific Sentinel Gold) -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (129)	3/4/2000 12:06:00 PM
From: russwinter	Respond to of 317

I'm not very high tech with these files. They won't copy. News is not on wires yet apparently. Company e mailed them to me this AM. It is available and viewable on the web site.

To: Enigma who wrote (129)	3/4/2000 10:30:00 PM
From: Larry S.	Respond to of 317

Russwinter, I normally limit my participation to lurking but for a Northwesterner here is the Stockwatch version - not as pretty but adequate assuming the table hangs together. Cheers, Larry Smith Great Basin Ivanhoe assay results Great Basin Gold Ltd GBG Shares issued 16,918,271 Mar 3 close $2.40 Fri 3 Mar 2000 News Release Mr. Robert Hunter reports Continuing drilling at the company's 100-per-cent-owned Ivanhoe property is continuing to delineate a very extensive system of high-grade gold-silver veins. Given the immense size of the exposed and drilled hydrothermal system at Ivanhoe along with the consistently successful drill results, management believes a world-class gold mine discovery is in the making. Ivanhoe is in Nevada on the Carlin trend midway between Franco Nevada's Ken Snyder mine and Barrick's Goldstrike mine. Since the restart of drilling on Feb. 1, two diamond drill rigs and one reverse circulation rig for precollaring diamond core holes have been at work on the property. Vein intercept success rates are exceptional. Assay results for six newly completed core holes are presented below. Core intersections include 7.7 feet grading 0.60 ounces per ton gold equivalent in hole 57; 3.4 feet grading 1.58 ounces per ton gold equivalent in hole 58; five feet grading 1.14 ounces per ton gold equivalent in hole 61; and 24.5 feet grading 1.15 ounces per ton gold equivalent in hole 64. Also reported are assay results from six reverse circulation precollars that have been drilled in preparation for core drilling to depth. Reverse circulation intersections include 15.0 feet grading 2.04 ounces per ton gold equivalent in hole 75 and 5.0 feet grading 0.67 ounces per ton gold equivalent in hole 76. Reverse circulation precollar gold intersections indicate the strong potential to extend veins upward into the 250-foot to 500-foot thick overlying Tertiary volcanic cover rocks. In addition, reverse circulation precollar hole 77 has intersected a large gold plume within Tertiary volcanic rocks overlying the western extension of the Gwenivere vein system. This continuous intersection assayed 0.085 ounces per ton gold over 225 feet (415 feet to 640 feet) and occurs 250 feet west of the westernmost core intercept of the Gwenivere vein system. This intersection probably indicates significant gold vein targets in Ordovician sedimentary rocks below. With the latest drilling results, the Clementine and Gwenivere vein systems have each been extended to strike length of 1,800 feet, meaning a 40-per-cent increase in strike length of the combined vein systems has taken place since recommencement of drilling. Both vein systems remain wide open for expansion along strike and to depth and are responding to delineation drilling with consistent predictability and continuity of the vein trends. Great Basin Gold has recently initiated a systematic program of angle hole drilling with a north-south orientation along the entire length of the Hollister deposit to explore for additional paralleling vein systems. First indications from this work are that additional veins may occur 300 feet south of the Gwenivere vein system. With the drill program's exceptional results and with government approval for 31 additional drill pad sites that are outward from the current area of drilling, arrangements are being made to add a third core rig to accelerate the program. TABLE OF ASSAY RESULTS FOR 2000 DRILLING Inter- Gold >From To cept Gold Silver equiv. f f f oz/t oz/t oz/t Drill hole 57 357.0 364.7 7.7 0.573 1.4 0.60 676.8 680.5 3.7 0.405 1.2 0.43 Drill hole 58 811.6 815.0 3.4 1.525 1.4 0.60 Drill hole 59* 673.7 675.6 1.9 0.290 30.0 0.80 682.4 687.8 5.4 0.507 53.3 1.41 707.0 711.3 4.3 0.694 17.2 0.98 Drill hole 60* 798.4 801.5 3.1 1.263 0.6 1.27 1089.0 1102.0 4.0 0.213 3.3 0.27 1201.4 1208.9 7.5 0.266 1.1 0.29 Drill hole 61 R270.0 275.0 5.0 0.215 0.0 0.22 406.0 411.0 5.0 0.005 66.8 1.14 651.7 654.5 2.8 0.454 3.3 0.51 Drill hole 64 388.5 413.0 24.5 1.086 3.6 1.15 incl. 398.5 402.5 4.0 3.105 5.8 3.20 747.4 749.8 2.4 1.107 1.4 1.13 Drill hole 65 R440.0 445.0 5.0 0.360 1.3 0.38 524.9 526.7 1.8 0.276 0.5 0.29 582.4 585.1 2.7 0.244 0.6 0.25 Drill hole 67 R600.0 605.0 5.0 0.212 0.4 0.22 Drill hole 68 R315.0 325.0 10.0 0.425 0.1 0.43 Drill hole 70 R465.0 470.0 5.0 0.214 0.1 0.22 Drill hole 73 R385.0 390.0 5.0 0.216 0.1 0.22 Drill hole 75 R535.0 550.0 15.0 1.907 8.1 2.04 incl. 540.0 545.0 5.0 4.706 20.6 5.05 Drill hole 76 R410.0 415.0 5.0 0.670 0.0 0.67 Drill hole 77 R625.0 630.0 5.0 0.265 0.9 0.27 R695.0 700.0 5.0 0.537 0.3 0.54 Holes 66, 68 through 77, precollared only, no diamond drill core results received yet. Gold equivalent (gold and silver) is calculated using a gold price of $325 (U.S.) per ounce and a silver price of $5.50 (U.S.) per ounce. R = precollar reverse circulation drill intercept; if R not specified, then a core intercept. *Previously reported -- added here for completeness. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com