SOURCE: Great West Gold, Inc.

November 22, 2005 14:30 ET

Great West Gold, Inc. -- Update on Stock Dividends

Company Confirms Delay in the Distribution of Its Stock Dividends

NEW YORK, NY -- (MARKET WIRE) -- November 22, 2005 -- Great West Gold, Inc. (OTC BB: GWGO) confirms that there is a maximum of a further two week delay in the posting of the Stock Dividends in respect of both Windsor Resources, Inc. and Sentinel Resources, Inc. to Great West Gold, Inc. shareholders due to various administrative issues beyond the control of the Company.

The Company apologises for this delay and will keep its shareholders informed. This is a very substantial administrative task for the Transfer Agents given the very large number of Great West Gold, Inc., shareholders of record.

There will not be a delay in Great West Gold, Inc. distributing its entire direct shareholding in the amount of 98,000,000 shares of Common Stock in Copperstone Mining, Inc. to Great West Gold, Inc. shareholders of record as at Friday December 2, 2005.

Copperstone Mining, Inc. has confirmed that it is to effect a ten for one Stock Split of its outstanding shares of Common Stock, which will result in the amount of 980,000,000 shares in Copperstone Mining, Inc. shares of Common Stock being distributed to the Great West Gold, Inc. shareholders. This was a logical step given the huge number of outstanding shares of Common Stock in Great West Gold, Inc.

These shares of Copperstone Mining, Inc. Common Stock will be posted to Great West Gold, Inc. shareholders of record in and during the two week period after December 2, 2005, that being the "Pay Day" for this Dividend.

About Great West Gold, Inc.:

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

It holds interests in gold mining prospects, through various wholly owned subsidiary companies which include Golden Eagle Limited and Ambassador Gold Limited. It holds investments in Sentinel Resources, Inc., Copperstone Mining, Inc. and in Windsor Resources, Inc. through its controlled subsidiary company, Western Diversified Mining Resources, Inc. and is now distributing its direct interest in Sentinel Resources, Inc., Copperstone Mining, Inc. and in Windsor Resources, Inc. to Great West Gold, Inc. shareholders.

Great West Gold, Inc.'s Mining Interests include:

--  The Gold and Silver Mining Exploration Projects controlled by
    Copperstone Mining Limited which are situated in La Paz County, Arizona and
    extend to an area of 5,760 acres. These claims consist of 1 Lode and 36
    Placer sites.
    
--  The Gold and Silver Mining Exploration Projects controlled by Golden
    Eagle Limited which are situated in Imperial County, California and extend
    to an area of 3,345 acres. These claims include 2 Lode Claims and 22 Placer
    Claims which include the GE Claims, Picacho East and Picacho West Lode
    Claims.
    
--  The Gold and Silver Mining Projects controlled by Ambassador Gold
    Limited which consist of the Ambassador property in Yavapai County, Arizona
    and extend to an area of 1,600 acres, include 1 Lode Claim and 10 Placer
    Claims which include the AM  and Ambassador Lode Claims
    
--  The Gold and Silver Mining Projects controlled by Windsor Resources,
    Inc. which relate to the Bouse property in Arizona and comprising of 12
    placer claims spread over 1,300 acres in La Paz County. They are located
    just North of the Plomosa Fault and includes the Little Butte, Flat Fault
    and Arrastre projects.
    
--  The Gold and Silver Mining Interests controlled by Sentinel Resources,
    Inc. relating to the Mockingbird and Great West project areas comprising of
    4 (four) claim groups spread over 2,500 acres in Mohave County, Arizona.
    
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the Company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission. These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.

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