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TICKERS: GSV

Deep Drilling Hits Thick Oxide Gold Intervals at Nevada Deposit
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Source:

This Canadian company released the results from two more drill holes.

Dark Star with Sentinel in the background

Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) reported that one core hole and one reverse circulation hole drilled in the northern portion of Dark Star at its Railroad-Pinion project intersected vertically continuous zones of oxidized gold mineralization. Intercepts from core drill hole DC18-22 included 213.7 meters (213.7m) of 2.52 grams per ton (2.52 g/t) gold and 163.1m of 1.24 g/t gold.

"These results continue to confirm oxide gold resource potential below the depth of the current resource model as well as lateral continuity to higher-grade mineralization," noted the company.

With these two holes, Gold Standard has reported results from 121 of the 132 holes drilled at Dark Star. CEO Jonathan Awde stated, "Dark Star is a truly exceptional opportunity which has still not reached its full potential as an oxide, heap-leach project. We have just begun to explore its emerging potential for higher-grade sulfide mineralization at depth."

An expanded fall 2018 drill program, with two components, is underway. In one, about 17 reverse circulation holes over 5,400m will test new targets at depth below the known resource. In the other, 18 more holes will test the potential for further lateral expansion to the north, west and south of the current resource.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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