Gold Standard Intersects 97.3m of 3.16g Au/t at the North Dark Star Gold Deposit, Railroad District, Carlin Trend Nevada(i)

Core holes DS16-24 and DS16-27 expand North Dark Star down-dip to the west

 

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 13, 2016) - Gold Standard Ventures Corp. (TSX VENTURE:GSV) (NYSE MKT:GSV) ("Gold Standard" or the "Company") today announced assay results from three core holes, DS16-23, DS16-24 and DS16-27, at the recently discovered North Dark Star gold deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada's Carlin Trend. In the most recent core holes, DS16-24 returned 97.3 meters of 3.16 g Au/t, including two higher grade intervals of 10.1m of 4.02 g Au/t and 49.1m of 4.62 g Au/t; and, DS16-27 returned 39.0m of 0.72 g Au/t. These new results continue to increase the size, width, continuity and down-dip extent of the deposit.

 

The primary objective of this year's drill program at North Dark Star was to expand the high grade gold zone discovered in core hole DS15-13 (15.4m of 1.85 g Au/t and 97.0m of 1.61 g Au/t) at the end of the 2015 drill program (see January 21, 2016 news release). DS16-08, located 100m south of DS15-13, subsequently returned a 126.2 meter section grading 3.95 g Au/t including, higher grade intervals of 44.0m of 4.70 g Au/t, 17.9m of 5.6 g Au/t and 7.9m of 10.7 g Au/t (see August 9, 2016 news release). DS16-03B, located 120m south of DS16-08, intersected a 101.2 meter section grading 1.50 g Au/t including a higher grade interval of 32.3m of 2.87 g Au/t (see August 18, 2016 news release). Then, DS16-21 returned a 56.2 meter interval grading 1.83 g Au/t, including higher grade interval 9.8m of 3.78 g Au/t (see September 14, 2016 news release), up-dip to the east of DS16-08 (Please click the following link to view plan and section maps:https://goldstandardv.com/lp/north-dark-star-oct-results/ ). All of these intercepts report continuous gold values above the cut-off grade of 0.14 g Au/t established by APEX Geoscience Ltd. of Edmonton, Canada in its Dark Star NI43-101 resource estimate announced on March 3, 2015 (see news release).

Jonathan Awde, CEO and Director of Gold Standard commented: "Drilling at North Dark Star continues to find unusually high grades in oxide material. I think we can now safely say that this deposit represents an important new discovery in the Carlin Trend and we have yet to establish its limits. Our technical team has noted that key geological characteristics of the North Dark Star occurrence are present in untested areas within the Dark Star Corridor. Drilling continues."