Great Basin Gold Re-Schedules Q3 Earnings Conference Call for Monday, November 9, 2009

VANCOUVER, Oct. 30 /PRNewswire-FirstCall/ -- Great Basin Gold Ltd. (Great Basin Gold or the Company) (TSX: GBG; NYSE Amex: GBG; JSE: GBG) today announced that, due to requirements related to the Company's debt replacement financing and recent announcement of a Convertible Debenture, it has changed the date of its previously announced third quarter earnings results conference call and webcast from Thursday, November 12, 2009 to Monday, November 9, 2009.

The rescheduled Q3 earnings conference call, hosted by Great Basin's senior management, will be held on Monday, November 9, 2009 at 6:00am PST/ 09:00am EST/ 1:00pm GMT/3:00pm SAST to discuss the financial results of the Company for its third quarter ended September 30, 2009. The Management Discussion and Analysis and interim Financial Statements ending September 30, 2009 will now be available on the Company's website (www.grtbasin.com) after TSX market close on Friday, November 6, 2009. Regulatory filings will now be available on SEDAR, EDGAR and SENS before TSX market open on Monday November 9, 2009.

The conference call can be accessed using dial-in number: 866.356.3377 (toll-free North America), 617.597.5392 (International), passcode: 48353476. To ensure timely entry into the call, please dial in at least 20 minutes before start time. A live audio webcast of the conference call will also be available at: www.grtbasin.com

A replay will be available starting Monday, November 9, 2009 at 12:00pm and ending at 11:59pm EST on November 17, 2009. The replay is accessible by dialling 888-286-8010 (toll-free North America) or 617-801-6888 (International) and entering the passcode: 99586687.

For conference call or other inquiries, please feel free to contact our investor relations team at the following numbers,

          Tsholo Serunye in South Africa                 27 (0)11-301-1800
          Michael Curlook in North America               888-633-9332
          Barbara Cano at Breakstone Group in the USA    646-452-2334

No regulatory authority has approved or disapproved the information contained in this news release.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address possible future commercial production, reserve potential, exploration drilling results, development, feasibility or exploitation activities and events or developments that Great Basin Gold expects to occur are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, geopolitical uncertainty, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's annual Form 40-F filing with the United States Securities and Exchange Commission and its home jurisdiction filings that are available at www.sedar.com.