Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update

TICKERS: GSV

Gold Explorer Hits Thick Intervals of Oxide Gold at Nevada Deposit
News Update

Source:

The company will include these results, which confirm the resource remains open, in an updated estimate.

Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) reported in a news release the results for the last of the 143 holes it drilled at Dark Star "continue to confirm that oxide gold resource expansion remains open in multiple directions." Dark Star is the deposit on Gold Standard's Railroad-Pinion project in Nevada.

The new results are for 11 reverse circulation (RC) holes and one core hole. Two of the RC holes drilled in the northern portion of Dark Star, DR18-117 and DR18-113, intersected vertically continuous zones of oxidized gold mineralization.

Specifically, DR18-117 intersected an oxidized interval of 77.7 meters (77.7m) of 0.90 grams per ton (0.9 g/t) gold, including 42.7m of 1.26 g/t gold. This new stepout intercept is situated about 30m west of DS17-37, where mineralization remains open to the south.

DR18-113 intersected 18.3m of 0.34 g/t gold. Oxide mineralization in this hole remains open to the west and north.

Certain of the 11 holes were drilled for purposes other than to look for mineralization. DC18-14 was drilled to check geotechnical parameters. DRR18-107, DR18-108, DR18-111 and DR18-112 were drilled for environmental purposes. Unexpectedly, DR18-108 intersected a reduced intercept of 7.6m of 2.43 g/t gold.

"Results from the 2018 Dark Star development program continue to reveal a robust, vertically and laterally extensive oxide gold system on the north end of the deposit that, at depth, transitions into higher-grade sulfide gold mineralization," according to the release.

[NLINSERT]

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.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Gold Standard Ventures. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.




Want to read more about Gold investment ideas?
Get Our Streetwise Reports Resources Report Newsletter Free and be the first to know!

A valid email address is required to subscribe