For thousands of other reports visit RSC's Mineral Intellingence Map

Gold Standard Ventures Corp.

opaxe

Summary

Project:

Railroad-Pinion

Deposit:South Railroad
Location:United States
Commodities:Gold
Date:9/10/2019
Report Code:NI43-101
Report Type:Pre-Feasibility Study
Project Stage:Pursuing Resource Increase/Upgrade
Report details:10-9-2019: Gold Standard Ventures Corp. announces a Pre-Feasibility Study report for its South Railroad deposit at the Railroad-Pinion project. PFS results incl. post-tax NPV of $241.5M, IRR of 27.8%. VANCOUVER, British Columbia, Sept. 10, 2019 -- Gold St
Resources:(Reserve, P+P): 47.344Mt @ 0.82g/t Au at Dark Star and Pinion
CP/QP:[Resources]: Steve Ristorcelli, Michael Lindholm, Michael Dufresne, Steven Nicholls (Mine Development Associates;Apex Geoscience Inc.)
ABSTRACT:VANCOUVER, British Columbia, Sept. 10, 2019 -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) today announced positive results from the completion of the South Railroad Pre-Feasibility Study (the “PFS” or the “South Railroad PFS”) on its 100%-owned/controlled Railroad-Pinion project in Nevada’s Carlin Trend (the “Railroad-Pinion Project”). The South Railroad project (the “South Railroad Project”) subset of the Railroad-Pinion Project, consisting of the Dark Star deposit (“Dark Star”) and Pinion deposit (“Pinion”), hosts one of the largest, undeveloped oxide gold reserves on the Carlin Trend. All references to the term “ore” contained in this press release refers to mineral reserves not mineral resources. Jonathan Awde, CEO and Director of Gold Standard commented: “We are very pleased with this first iteration of this PFS which is needed now so that we can start the permitting process. We have many opportunities to improve on the base case which includes the goal to add mine life by potentially upgrading more of the existing resources within the PFS area and exploiting the other nearby deposits we have discovered. We also have some great opportunities to improve economics via trade-off studies which could reduce capital costs or improve recoveries. We will be looking to quantify these opportunities through further economic studies in the first half of 2020. Meanwhile, drilling is proceeding on some of our project’s best exploration targets.”

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