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Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | Dark Star | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 4/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-4-2019: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Dark Star deposit at the Railroad-Pinion project. Drilling results incl. 117.3m @ 1.54g/t Au from 113.7m. VANCOUVER, British Columbia, April 25, 2019 -- Gold S | |
| Resources: | ||
| CP/QP: | [Overall Report]: Steven Koehler (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, April 25, 2019 -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) today reported final drill results from its 2019 Phase 1 drilling at Dark Star. With this news release, results have now been reported for all RC and core holes completed in the Dark Star 2019 Phase 1 drilling program deposit, located on GSV’s 100%-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend. In the northern portion of the deposit, two RC holes confirm extensions to thick zones of oxide mineralization identified during the 2018-19 step out and infill program. DR19-73 intersected 138.7m grading 1.12 g Au/t, including 38.1 m of 2.61 g Au/t; and DR19-74 intersected 65.5m of 1.33 g Au/t, including 30.5m of 1.80 g Au/t (refer to the Dark Star drill hole plan map at the following link https://goldstandardv.com/drill-maps/April-25-2019-drill-map/). Additionally, core hole DC19-01, which was suspended at 231m, confirmed oxide mineralization, with 117.3m of 1.54g Au/t, including 44.3m of 2.55 g Au/t. In the 2019 Phase 1 program, 10,729m of drilling was completed in 71 RC holes and 231m in one core hole. The program was designed to test new targets at depth below the current resource model, and lateral resource expansion opportunities adjacent to the current Dark Star resource. The 2019 program also infilled the current resource to approximately 30m drill spacings for conversion to measured and indicated classification necessary for reserve estimation. The full suite of assays and drilling will be incorporated into the ongoing model update and resource estimate currently in progress. Jonathan Awde, CEO and Director of Gold Standard commented: “Phase 1 Dark Star infill and step out drilling was an unqualified success. We confirmed the deposit’s consistently high-grade oxide character and achieved the drill density ultimately required for reserves in the Preliminary Feasibility Study now in progress. We also learned that oxidation extends deeper than expected, especially to the north, where grades improve at depth and where we believe we have further room to grow,” Awde said. | |
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