Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Explorer Files Prefeasibility Study for Nevada Gold Project
News Update

Share on Stocktwits


The next milestone for the Canadian company is submission of its application for permits.

Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced in a news release the completion and filing of a South Railroad preliminary feasibility study on its Dark Star and Pinion oxide gold, heap-leach project in Nevada.

The study has 47.344 million tons of reserve ore at 0.82 grams per ton (0.82 g/t) gold, 4.7 g/t silver at Pinion, overall containing 1.248 million ounces of gold and 2.705 million ounces of silver.

Assuming $1,400 per ounce gold and $17.11 per ounce silver prices, the resulting life of mine pretax net present value 5% (NPV5%) was estimated at $302.1 million and the internal rate of return (IRR) at 32.4%. After tax for the life of mine, the NPV5% would be $241.5 million and the IRR, 27.8%.

As for costs, initial capex was determined to be $194 million and expansion capex, $88.3 million. Cash costs post byproduct credit were an estimated $582 per ounce. All-in sustaining cost was figured to be $657 per ounce.

The payback period was calculated to be 2.7 years.

Gold Standard is completing the application for permits, aiming to submit it to the U.S. Bureau of Land Management sometime during Q1/20.


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.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Gold Standard Ventures. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.

Want to read more about Gold and Silver investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe