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Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | Dark Star | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 3/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-3-2019: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Dark Star deposit at the Railroad-Pinion project. Drilling results incl. 51.8m @ 1.07g/t Au from 201.2m. VANCOUVER, British Columbia, March 26, 2019 -- Gold St | |
| Resources: | ||
| CP/QP: | [Overall Report]: Steven Koehler (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, March 26, 2019 -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) today reported more oxide gold results from 30 reverse-circulation (“RC”) infill and stepout holes 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 67 of the 70 RC holes completed in the Dark Star 2019 Phase 1 drilling program. In the northern portion of the deposit, two stepout holes confirm extensions to thick zones of oxide mineralization identified during the 2018 infill program. DR19-26 intersected 51.8m of 1.07 g Au/t, including 16.8m of 2.58 g Au/t; and DR19-15 intersected 22.9m of 1.92 g Au/t, including 13.7m of 3.04 g Au/t (refer to the Dark Star drill hole plan map at the following link https://goldstandardv.com/drill-maps/march-26-2019-drill-map/). In the southern portion of the deposit, nine infill and step out holes intersected thick intervals of oxide mineralization that begin at the current topographic surface. In both locations, oxide mineralization remains open for resource expansion. In the 2019 Phase 1 program, 10,503m of drilling have been completed in 70 RC holes. These holes are testing new targets at depth below the current resource model, and lateral resource expansion opportunities adjacent to the current Dark Star resource. The 2019 program will also infill the current resource to approximately 30m drill spacings for conversion to measured and indicated classification. Jonathan Awde, CEO and Director of Gold Standard commented: “Our exploration success at Railroad-Pinion over the past five years has made it one of the largest undeveloped oxide gold resources in Nevada. The Preliminary Feasibility Study now in progress has the goal to demonstrate that our project is amongst the best potential new Nevada oxide, heap leach projects outside the Barrick-Newmont Joint Venture. Drilling to date has focused on upgrading the shallow oxide resource and extending it laterally but new drilling will now focus on deeper, reduced mineralization characteristic of the large, higher grade deposits on the Carlin Trend.” | |
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