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Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | North Bullion | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 2/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-2-2018: Gold Standard Ventures Corp. announces a Resource Estimation report for its North Bullion deposit at the Railroad-Pinion project. Amended and restated Resource estimation technical report. The Gold Standard Ventures Corp. (“Gold Standard” or th | |
| Resources: | (Resource, I+I): 10.97Mt @ 2.28g/t Au for 805800oz Au contained at North Bullion | |
| CP/QP: | [Resources]: Steven Nicholls, Michael Dufrense (APEX Geoscience Ltd.) | |
| ABSTRACT: | The Gold Standard Ventures Corp. (“Gold Standard” or the “Company” or “GSV”) North Bullion Deposit is located within the Railroad–Pinion Project (the “Project”) at the southeast end of the Carlin (Gold) Trend, a northwest alignment of sedimentary rock-hosted gold deposits in northeastern Nevada (NV). The Carlin Trend, so named for the city of Carlin, NV, comprises more than 40 separate gold deposits that have produced more than 80 million ounces of gold to date (Muntean, 2014). The Project is centered on the fourth and southernmost dome-shaped window on the Carlin Trend in the Piñon Range (Jackson and Koehler, 2014). The domes are cored by igneous intrusions that uplift and expose Paleozoic rocks and certain stratigraphic contacts that are favorable for the formation of Carlin-style gold deposits. The project area covers a significant portion of the southernmost structural window within the Carlin Trend that exposes prospective Upper Paleozoic (Devonian – Pennsylvanian/Permian) units that host gold mineralization often associated with multilithic collapse breccias elsewhere in the district. Exploration in the last year has yielded positive drilling results at North Bullion, Bald Mountain, Dark Star and Pinion. These results have led to the identification of additional mineral resource potential within the Railroad portion of the district, including at the North Bullion deposit, and at the Dark Star and Pinion deposits in the southern “Pinion” portion of the district. This Technical Report provides a Maiden National Instrument (NI) 43-101 Mineral Resource Estimate for the North Bullion, POD and Sweet Hollow deposits in the northern “Railroad” portion of the Project based upon historic and recent drilling completed by Gold Standard. | |
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