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Gold Standard Ventures Corp.
Summary
| Project: | Railroad | |
|---|---|---|
| Deposit: | Dark Star, Dixie, Jasperoid | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 10/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-10-2017: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Dark Star, Dixie, Jasperoid deposit at the Railroad project. Drilling results incl. 103.7m @ 0.56g/t Au from 26.2m. October 5, 2017 – Vancouver, B.C. – 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 R. Koehler (Internal) | |
| ABSTRACT: | October 5, 2017 – Vancouver, B.C. – Gold Standard Ventures Corp. (TSXV: GSV; NYSE AMERICAN:GSV) (“Gold Standard” or the “Company”) today announced that results from 24 exploration holes have confirmed three high potential targets for resource expansion on its 100%- owned/controlled Railroad Project in Nevada’s Carlin Trend. Gold Standard’s 2017 US$15.5 million exploration program includes up to 48,800 m of reverse-circulation (RC) and core drilling in 117 holes (see February 2, 2017 news release). The 24 initial holes drilled in this year’s program were located to validate key prospective targets for further drilling this year. Please click the following link to view Dark Star, Dixie and Jasperoid Wash drilling maps: https://goldstandardv.com/lp/darkstar-dixie-jasperoid-drill-maps/ . The 2017 drilling continues to establish the Pennsylvanian-Permian age carbonate rocks as an important gold host on the Carlin Trend. Regionally, this highly prospective carbonate host section intersects the Carlin Trend in the southern portion of Gold Standard’s Railroad property. The gold mineralization at Dark Star, Dixie and Jasperoid Wash targets occurs in these favorable carbonate rocks. Jonathan Awde, CEO and Director of Gold Standard commented: “These first 24 holes lay the groundwork for the next stage of exploration success at Railroad. At Dixie and Jasperoid Wash, the early results are highly reminiscent of our success at Dark Star, but with the advantage of having already unraveled many of the structural characteristics that account for better grades at Railroad. We are confident that these targets can open up into important discoveries and we are now mobilizing additional drill rigs to pursue them more aggressively. We are also confident that this year’s drilling will provide further evidence that the Dark Star and Pinion deposits merge into one larger deposit.” | |
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