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

News Update


Updated PFS for Nevada Gold Project Increases After-Tax IRR to 40%
News Update

Share on Stocktwits


Gold Standard Ventures has filed an updated preliminary feasibility study for its wholly owned and managed Dark Star and Pinion oxide gold heap leach project in Elko County, Nevada.

North Dark Star Deposit with Newmont’s Emigrant Mine in the distance

In a news release, advanced stage gold exploration company Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced that it has "filed its updated technical report entitled 'South Railroad Project NI 43-101 Technical Report, Updated Preliminary Feasibility Study (PFS), Elko County, Nevada' for its 100% owned and controlled Dark Star and Pinion oxide gold heap leach project."

The company reported that the first South Railroad PFS, which the firm originally released on September 10, 2019, "recommended a series of trade-off and optimization studies which have been completed and incorporated into the Updated PFS."

"The trade-off studies enhanced project economics and reduced project risks by lowering initial capital costs from $194M to $132.9M, increasing the after-tax IRR from 27.8% to 40%, and increasing the after-tax NPV from $241.5M to $265.0M," the company stated.

Gold Standard Ventures Corp. is an advanced-stage gold exploration and development company headquartered in Vancouver, B.C.


1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his 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 investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe