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Gold Standard Ventures Corp.
Summary
| Project: | Railroad-Pinion | |
|---|---|---|
| Deposit: | Pinion | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 2/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-2-2017: Gold Standard Ventures Corp. announces an Exploration/Drilling Update report for its Pinion deposit at the Railroad-Pinion project. Drilling results incl. 49.7m @ 0.96g/t Au from 3.7m. Vancouver, B.C. – Gold Standard Ventures Corp. (TSXV: GSV; N | |
| Resources: | (Resource): 31.61Mt @ 0.62g/t Au (Ind.) and 61.08Mt @ 0.55g/t Au (Inf.) at Pinion Deposit | |
| CP/QP: | [Overall Report]: Steven R. Koehler (Internal) | |
| ABSTRACT: | Vancouver, B.C. – Gold Standard Ventures Corp. (TSXV: GSV; NYSE MKT:GSV) (“Gold Standard” or the “Company”) today announced assay results from 8,056m of reverse-circulation (RC) and core drilling in 25 holes at the Pinion oxide gold deposit and at new prospects Sentinel and Irene on its 100%-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend. Of 12 drill holes located to test Pinion, 11 reported continuous gold values above the cut-off grade of 0.14 g Au/t established in the NI 43-101 resource estimate announced on March 15, 2016 (see news release). Highlights included 49.7m of 0.96 g Au/t from the Pinion North Zone and 23.3m of 0.79 g Au/t from the Pinion Main Zone. This drill program also reported 22.9m of 0.42 g Au/t at Sentinel, indicating the potential for this new target to make a significant contribution to the greater Pinion resource. The primary objectives of the 2016 program were to: (1) test for gold mineralization identified by surface rock chip channel samples at the new Sentinel target; (2) complete metallurgical core holes for column leach tests for the Pinion North and Main zones; (3) extend areas of known oxide mineralization outward from the Pinion resource along the South Fault Corridor, an important control on gold mineralization at Southwest Pinion; and (4) complete additional scout drill holes at the Irene prospect 2.0 km northwest of the Pinion resource. | |
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