Great West Gold Inc. Corporate Update

Great West Gold, Inc. (Otc Pink Sheets : gwgo) confirms that the Company is now, as promised, completing the distribution of the Stock Dividends in Bouse Mining Holdings plc, Ambassador Gold Holdings plc, Sentinel Resources plc, Golden Eagle Mining Holdings plc and in Copperstone Mining Holdings plc to eligible shareholders of Great West Gold, Inc.

The Transfer Agent to each of these Companies will be posting these Share Certificates to eligible Great West Gold, Inc. shareholders as soon as they have received all the details of eligible shareholders who held their stock in the Company through their Broker 's8220;Street Names's8221;. It appears that the vast majority of the shareholder body hold their stock through their Broker 's8220;Street Names's8221;. Shareholders are asked to be patient as this is a very time consuming process and involves a large number of Brokers from whom this information is being requested. Shareholders will be kept updated as to progress in this matter.

The Company confirms the Stock Distributions are as follows :-

Bouse Mining Holdings plc (stakeholder in Western Gold Limited), gwgo is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in gwgo as at November 7, 2005, 28.82 Ordinary Shares are being paid as a Stock Dividend.

Sentinel Resource Holdings plc (stakeholder in Golden Sierra Limited), gwgo is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in gwgo as at November 14, 2005, 19 Ordinary Shares are being paid as a Stock Dividend.

Copperstone Mining Holdings plc (stakeholder in Copperstone Mining Limited), gwgo is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in gwgo as at December 2, 2005, 19 Ordinary Shares are being paid as a Stock Dividend.

Ambassador Gold Holdings plc (stakeholder in Ambassador Gold Limited), gwgo is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in gwgo as at January 2, 2006, 19 Ordinary Shares are being paid as a Stock Dividend.

Golden Eagle Mining Holdings plc (stakeholder in Golden Eagle Mining Limited), gwgo is distributing an amount of 900,000,000 Ordinary Shares of 1p each. For every 1,000 shares of Common Stock held in gwgo as at January 4, 2006, 19 Ordinary Shares are being paid as a Stock Dividend.

FURTHER STOCK DIVIDENDS :-

The Company will be effecting further Stock Dividends as promised but has elected to wait until the existing Stock Dividend reconciliation and postage of the Share Certificates is completed.

LISTING OF THE PLC MINING COMPANIES :-

It is the intention of this Company to admit each of the plc Mining Companies for trading on an otc Exchange but the Company feels that this will not be prudent until such time as each of these Companies has appointed independent Management as well as independent Non Executive Directors appointed to the various Boards of Directors.

About Great West Gold, Inc.

Great West Gold, Inc., www.greatwestgold.com, a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States.

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as may, future, plan or planned, will or should, expected, anticipates, draft, eventually or projected. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies's annual report on Form 10-K or 10-KSB and other filings made by such company with the sec.

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