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Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | Dark Star | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 8/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-8-2018: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Dark Star deposit at the Railroad-Pinion project. Drilling results incl. 229.8m @ 2.08g/t Au from 13.8m. VANCOUVER, British Columbia, Aug. 23, 2018 -- Gold Sta | |
| 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, Aug. 23, 2018 -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) today reported results from 25 reverse-circulation (“RC”) and 2 core holes at the Dark Star deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend. Two holes in the northern portion of Dark Star intersected impressive grades and thicknesses: 229.8m of 2.08 g Au/t and 56.4m of 2.94 g Au/t. These results confirm oxide gold resource expansion potential in the footwall of the Ridgeline fault, and continuity to higher-grade mineralization in the hanging wall of the Ridgeline fault. To date 23,498m of infill, step-out and geotechnical drilling have been completed in 129 RC and core holes at Dark Star (refer to Dark Star drill hole plan map at the following link – https://goldstandardv.com/lp/ds-aug23-2018-drill-maps/). Results from 27 Dark Star holes are summarized below, and with this news release, results have now been reported for 107 of the 129 holes that have been completed. Jonathan Awde, CEO and Director of Gold Standard commented: “Dark Star continues to surprise us to the upside with several new targets emerging in the northern portion of the deposit. The high-grade feeder structures in this deposit are far more extensive than previously thought and structural limits to the mineralization we originally assumed have proved not to be limits at all. The continuity of the oxidized gold values overall, the thickness of the intervals containing exceptional grade and the near-surface accessibility of the material make Dark Star a potential stand-out among Carlin deposits. We think that an upcoming Preliminary Economic Assessment of Dark Star is likely to have a substantial impact on perceptions of shareholder value.” | |
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