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Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | Dark Star | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 10/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-10-2018: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Dark Star deposit at the Railroad-Pinion project. Drilling results incl. 213.7m @ 2.52g/t Au from 17.4m. VANCOUVER, British Columbia, Oct. 16, 2018 -- Gold St | |
| Resources: | (Resource): 15.38Mt @ 0.54g/t Au (Ind) and 17.05Mt @ 1.31g/t Au (Inf) at Dark Star | |
| CP/QP: | [Overall Report]: Steven Koehler (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Oct. 16, 2018 -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) today reported more impressive results from one core hole and one reverse-circulation (“RC”) hole at the Dark Star deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend. With this news release, results have now been reported for 121 of the 132 holes that have been completed at Dark Star. Two holes in the northern portion of Dark Star intersected vertically-continuous zones of oxidized gold mineralization including 213.7m of 2.52 g Au/t and 163.1m of 1.24 g Au/t (refer to Dark Star drill hole plan map at the following link https://goldstandardv.com/lp/ds-oct16-2018-drillmaps/). These results continue to confirm oxide gold resource potential below the depth of the current resource model as well as lateral continuity to higher-grade mineralization. This autumn, as part of an expanded development drilling program announced on September 20, 2018 (see news release), approximately 5,400m of additional RC drilling in 17 holes will test new targets at depth below the current resource model, and 18 additional holes will test the potential for further lateral resource expansion to the north, west and south of the current resource. Five drill rigs are currently active on the project. Jonathan Awde, CEO and Director of Gold Standard commented: “More than two years ago, when we got our first Dark Star intercept grading more than two grams of oxide over more than one hundred meters, we were surprised. We thought results that good would likely prove to be the exception. Today, we can say that we have learned why these results occur and where to find them. In our view, Dark Star is a truly exceptional opportunity which has still not reached its full potential as an oxide, heap leach project. We have just begun to explore its emerging potential for higher-grade sulfide mineralization at depth.” | |
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