For thousands of other reports visit RSC's Mineral Intellingence Map
Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | Dark Star | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 10/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-10-2019: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Dark Star deposit at the Railroad-Pinion project. Drilling results incl. 160.8m @ 1.80g/t Au from 113.7m. VANCOUVER, British Columbia, Oct. 09, 2019 -- Gold St | |
| Resources: | (Resource, M+I): 32.72Mt @ 0.88g/t Au at Dark Star deposit | |
| CP/QP: | [Overall Report]: Steven R. Koehler (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Oct. 09, 2019 -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) today reported more oxide gold results from 15 reverse-circulation (“RC”) and core holes at the Dark Star deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend (refer to Dark Star drill hole plan map at the following link https://goldstandardv.com/site/assets/files/4353/ds-stepout-oct-2019.pdf; and significant intercept table at the following link https://goldstandardv.com/site/assets/files/4353/dark-star-development-significant-dhintercepts-october.pdf). Takeaways from the recent drilling include: 1) in the northern portion of Dark Star, DC19-01 intersected 160.8m of 1.80 g Au/t, including two higher-grade intervals of 44.3m of 2.55 g Au/t and 22.3m of 3.58 g Au/t; 2) drill results in the Dark Star Saddle returned zones of continuous oxide gold mineralization that likely expand the resource and add potential efficiencies to the mine plan; and 3) four drill holes to the east of Dark Star have identified a new, shallow, alluvium-hosted oxide target that is open for expansion. Jonathan Awde, CEO and Director of Gold Standard commented: “Our Preliminary Feasibility Study (“PFS”) proves that two of Railroad-Pinion’s deposits have robust economics at the current gold price and no serious technical hurdles to overcome. As the engineers work to optimize this first pass PFS, our focus is to enhance the project economics, extend the mine life through the conversion of inferred ounces to reserves, and reduce the up-front capital costs. We have made a number of very promising discoveries over the past five years which are not sufficiently advanced to include either in our resource estimates or mine plans but we are highly confident that these opportunities have the potential to add significantly to our current resources.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report