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Gold Standard Ventures Corp.
Summary
| Project: | Railroad | |
|---|---|---|
| Deposit: | Jasperoid Wash | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 1/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-1-2018: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Jasperoid Wash deposit at the Railroad project. Drilling results incl. 54.9m @ 0.89g/t Au from 13.7m. VANCOUVER, British Columbia, Jan. 11, 2018 -- Gold Standa | |
| Resources: | ||
| CP/QP: | [Overall Report]: Steven R. Koehler (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Jan. 11, 2018 -- Gold Standard Ventures Corp. (TSX:GSV) (NYSE AMERICAN:GSV) (“Gold Standard” or the “Company) today announced results from three reverse-circulation (RC) drill holes at Jasperoid Wash, on claims recently added to its 100%-owned/controlled Railroad Gold Project in Nevada’s Carlin Trend (please refer to the following link - https://goldstandardv.com/lp/jw-jan2018-drill-maps/). Jasperoid Wash is located approximately 6 km south of the Pinion Deposit and 7.5 km southwest of the Dark Star Deposit. These three holes are a portion of Gold Standard’s 2017 US$15.5 million exploration program (see February 2, 2017 news release). The Jasperoid Wash drilling was designed to (1) follow-up on results in JW17-01 which intersected 103.7m of 0.56 g Au/t, including a higher-grade zone of 30.5m of 0.93 g Au/t (see October 5, 2017 news release; and (2) target structural zones and elevated surface geochemistry within a 2km by 0.5 km block of pervasively oxidized and altered debris flow conglomerate in the favorable Pennsylvanian-Permian host section. All three RC holes intersected thick zones of near-surface, oxidized mineralization, effectively increasing the size and grade of the shallow oxide gold zone drilled in JW17-01. The new deposit remains open in all directions. Results from seven additional RC holes and one core hole are pending. Jonathan Awde, CEO and Director of Gold Standard commented: “Jasperoid Wash appears to be emerging as another important deposit for Gold Standard. These results remind us of the early days at North Dark Star where we encountered the same style of mineralization with similar grades and thicknesses. We plan to drill this target aggressively this year with the aim of reporting a maiden resource in 2018. Clearly the additional claims we acquired last year to the south of our Pinion and Dark Star deposits are proving to be an important strategic benefit to the Company and its shareholders.” | |
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