For thousands of other reports visit RSC's Mineral Intellingence Map
Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | Pinion | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 8/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-8-2018: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Pinion deposit at the Railroad-Pinion project. Drilling results incl. 84.8m @ 0.86g/t Au from 67.6m. VANCOUVER, British Columbia, Aug. 21, 2018 -- Gold Standar | |
| 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 Koehler (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Aug. 21, 2018 -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) today reported results from 24 core holes at the Pinion oxide gold deposit on its 100%- owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend. Among the better intersections were 15.6m of 3.26 g Au/t, 14.9m of 2.35 g Au/t, 20.1m of 1.36 g Au/t, and 84.8m of 0.86 g Au/t in three different holes. These results continue to confirm lateral continuity to oxide gold mineralization and resource expansion potential on the east side of the deposit. The 2018 infill and geotechnical program included 13,111m of drilling in 127 holes (refer to Pinion plan map at the following link https://goldstandardv.com/lp/Pinion-Aug2018-drill-maps/). The program was designed to reduce drill spacing to approximately 30m in critical portions of the deposit and provide additional core for metallurgical and HPGR testing. With this news release, results have now been reported for 124 of the 127 holes that have been completed. Results from another 24 Pinion holes are summarized below. Note that Pinion is now one of five gold deposits being advanced by Gold Standard Ventures on its Railroad-Pinion Project (including Dark Star, Jasperoid Wash, Dixie and North Bullion), four of which are discoveries made by the Company. Jonathan Awde, CEO and Director of Gold Standard commented: “We are very satisfied with the progress we have made this year on the Pinion deposit. Excellent continuity in the infill drilling should enable us to move a significant portion of the existing inferred resource to measured and indicated. Like the Dark Star deposit, Pinion is showing greater depth potential than we expected as well as the potential for further resource expansion to the east. We are confident that our upcoming Preliminary Economic Assessment will demonstrate a robust economic return in the current gold price environment.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report