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Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | LT Target | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/12/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-11-2019: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its LT Target deposit at the Railroad-Pinion project. Drilling results incl. 12.2m @ 1.58g/t Au from 32.0m. VANCOUVER, British Columbia, Nov. 12, 2019 -- Gold Sta | |
| 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, Nov. 12, 2019 -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) today reported the discovery of a new high-grade oxide zone at the LT target on its 100%- owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend (https://goldstandardv.com/site/assets/files/4357/lt-releasenov-2019-location-map.pdf). Reverse-circulation hole LT19-02 intersected 12.2m of 1.58 g Au/t, including 3.1m of 5.16 g Au/t. The drill hole sits within a sizeable area exhibiting high-grade surface gold in outcrop. LT is located approximately 3km north-northwest of Gold Standard’s Pinion oxide gold reserve. Jonathan Awde, CEO and Director of Gold Standard commented: “Our recent South Railroad PFS demonstrates a project with robust operating margins. We continue to focus on enhancing the project economics, extending the mine life through the conversion of inferred ounces to reserves, and reducing the up-front capital costs. With the PFS milestone behind us, we are excited to be back exploring for new discoveries that could complement our current resources and reserves. LT is one of a handful of new opportunities that will now get the attention they deserve.” | |
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