Apr 20 2015
Gold Standard Ventures Corp. ("Gold Standard" or the "Company") reports that it has today filed a technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") on the Dark Star Gold Deposit (the "Report"). The Report supports the disclosure made by the Company in its news release on March 3, 2015 entitled " Gold Standard completes initial resource estimate for the Dark Star Gold Deposit, Carlin Trend Nevada" and there are no material differences in the mineral resources contained in the Report from those disclosed in the news release.
The Report dated April 17, 2015 is entitled "Technical Report Maiden Resource Estimate Dark Star Deposit, Elko County, Nevada USA" and was prepared by independent "Qualified Persons" (as that term is defined in NI 43-101) under the direction of Michael Dufresne, M.Sc., P.Geol., P.Geo.,Steven Nicholls, BA.Sc., M AIG and Andrew Turner, B.Sc., P.Geol. of APEX Geoscience Ltd. of Edmonton, Canada.
The Report is available for review on both SEDAR (www.sedar.com) and the Company's website (www.goldstandardv.com).
The Company also announces that its audited consolidated financial statements for the fiscal year ended December 31, 2014 that are to be part of our Annual Report has been filed with the Securities and Exchange Commission and also with Toronto Stock Exchange. These financial statements are available on EDGAR at www.sec.gov and on SEDAR at www.sedar.com, and also our website at www.goldstandardv.com.
The audit report from our independent registered public accountants in the Company's 2014 audited consolidated financial statements contained a going concern explanatory note resulting from the need for external financing to fund operations and exploration activities after 2014. This press release and public confirmation of the going concern note is required by Section 610(b) of the NYSE MKT Company Guide, which requires a listed company that receives an audit report that contains a going concern qualification to make a separate public announcement in the United States.
The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by Steven R. Koehler, Gold Standard's Manager of Projects, BSc. Geology and CPG-10216, a Qualified Person as defined by NI 43-101, Standards of Disclosure for Mineral Projects.
ABOUT GOLD STANDARD VENTURES - Gold Standard is an advanced stage gold exploration company focused on district scale discoveries in Nevada. The Company's flagship project, the Railroad-Pinion Gold Project, is located within the prolific Carlin Trend. The recent Pinion gold deposit acquisition offers Gold Standard a potential near-term development option and further consolidates the Company's premier land package in the Carlin Trend. The Pinion deposit now has an NI43-101 compliant resource estimate consisting of an Indicated Mineral Resource of 20.84 million tonnes grading 0.63 grams per tonne (g/t) gold (Au), totaling 423,000 ounces of gold and an Inferred Resource of 55.93 million tonnes grading 0.57 g/t Au, totaling 1,022,000 ounces of gold, using a cut-off grade of 0.14 g/t Au (announced September 10, 2014). In addition, the Dark Star deposit 2.1 km to the east of Pinion, now has an NI43-101 compliant Inferred Resource of 23.11 million tonnes grading 0.51 g/t Au, totaling 375,000 ounces of gold, using a cut-off grade of 0.14 g/t Au (announced March 3, 2015).
Source: http://www.goldstandardv.com/