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Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | North Bullion | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-11-2017: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its North Bullion deposit at the Railroad-Pinion project. Drilling results incl. 41.7m @ 1.91g/t Au from 598.4m. VANCOUVER, British Columbia, Nov. 15, 2017 -- Gol | |
| Resources: | (Resource, I+I): 10.97Mt @ 2.28g/t Au for 805800oz Au contained at North Bullion | |
| CP/QP: | [Overall Report]: Steven R. Koehler (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Nov. 15, 2017 -- Gold Standard Ventures Corp. (TSX:GSV) (NYSE AMERICAN:GSV) (“Gold Standard” or the “Company) today announced results from 8 exploration scout holes completed west-northwest and north of the North Bullion deposit on its 100%-owned/controlled Railroad Project in Nevada’s Carlin Trend. Assays for two additional drill holes are pending. Collectively, these drill holes are a portion of Gold Standard’s 2017 US$15.5 million program which includes up to 48,800 m of reverse-circulation (RC) and core drilling in 117 holes (see February 2, 2017 news release). Core hole RR17-06 intersected 41.7m of 1.91 g Au/t, including a higher-grade zone of 7.6m of 6.32 g Au/t (please go to the following link - https://goldstandardv.com/lp/north-bullion-novdrill-maps). This intercept is approximately 375m westnorthwest of the closest mineralized drill hole and identifies a new gold zone outboard from the new North Bullion maiden resource. Three other drill holes in this area were lost prior to completion and two more drill holes have not yet been assayed. The primary objective of the 2017 North Bullion drill program was to test for extensions of the Lower Breccia Gold Zone to the west-northwest and north of the new North Bullion maiden resource announced on September 21, 2017. Drilling followed-up on the 2016 results in RR16-01 which intersected 65.6m of 3.17 g Au/t, including a higher-grade interval of 8.5m of 11.16 g Au/t located west-northwest of previous drilling (announced on August 30, 2016); and, RR16-05 which returned 19.8m of 4.40 g Au/t, including a higher-grade interval of 5.3m of 7.02 g Au/t located north of previous drilling (announced on January 23, 2017). Based on 2016 drilling successes, Gold Standard continued with a more cost-effective approach to drilling North Bullion by using reverse-circulation (RC) rigs to drill and case holes (so-called pre-collars) to depths immediately above the target before switching to a core rig to complete the hole through the mineralized zone. | |
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