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TICKERS: GSV

Drill Results from Nevada Project Show Resource Expansion Potential
News Update

Source:

The company will use these new data in designing the mine and optimizing the prefeasibility study.

Gold Standard Ventures Railroad-Pinion

Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release additional oxide gold results from 15 reverse circulation and core holes at the Dark Star deposit on its Railroad-Pinion project in Nevada.

The results "will allow us to redesign the ramp system and lower strip at the project," General Manager Don Harris said in the release.

Highlight assays came from hole DC19-01, drilled in the northern part of Dark Star. The hole returned 160.8 meters (160.8m) of 1.8 grams per ton (1.8 g/t) gold, including two higher-grade gold intervals, 44.3m of 2.55 g/t and 22.3m of 3.58 g/t.

Results from the Dark Star Saddle showed zones of continuous oxide gold mineralization that will likely increase the resource and possibly make the mine plan more efficient.

Finally, to the east of Dark Star, four holes delineated a shallow, alluvium-hosted oxide target that could be expanded and "complement the current mine plan," Harris added.

Currently, the prefeasibility study for the project is being optimized, with the goal of enhancing the economics, lowering initial capex and extending the mine life by converting Inferred ounces to reserves.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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