VANCOUVER, British Columbia, Jan. 31, 2011 /PRNewswire/ -- Great Basin Gold Ltd. ("Great Basin Gold" or "the Company") (TSX: GBG, NYSE Amex: 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: www.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 (TSX: GBG, NYSE Amex: 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.