Gold Standard Ventures Corp. ("Gold Standard" or the "Company") reports that it has today filed an updated technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") on Pinion gold deposit (the "Report"). The Report supports the disclosure made by the Company in its news release on March 15, 2016 entitled " Gold Standard Increases the Oxide Gold Resource in an Updated Mineral Resource Estimate at The Pinion Deposit" 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 29, 2016 is entitled " Technical Report Resource Estimate Update Pinion Project, 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 B. Dufresne, M.Sc., P.Geol., P.Geo. and Steven J. Nicholls, BA.Sc., MAIG 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 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 on its Railroad-Pinion Gold Project, located within the prolific Carlin Trend. The 2014 Pinion and Dark Star gold deposit acquisitions offer Gold Standard a potential near-term development option and further consolidates the Company's premier land package on the Carlin Trend. The Pinion deposit now has an NI43-101 compliant resource estimate consisting of an Indicated Mineral Resource of 31.61 million tonnes grading 0.62 grams per tonne (g/t) gold (Au), totaling 630,300 ounces of gold and an Inferred Resource of 61.08 million tonnes grading 0.55 g/t Au, totaling 1,081,300 ounces of gold, using a cut-off grade of 0.14 g/t Au (announced March 15, 2016). The Dark Star deposit, 2.1 km to the east of Pinion, has a NI43-101 compliant resource estimate consisting of an 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). The 2014 and 2015 definition and expansion of these two shallow, oxide deposits demonstrates their growth potential.