Deep Drilling Hits Thick Oxide Gold Intervals at Nevada Deposit

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Published : October 17th, 2018
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This Canadian company released the results from two more drill holes.

24hGold - Deep Drilling Hits T...

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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