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Gold Standard Reports 149.4 Meters of 1.38 g/t Gold at Dark Star
Gold Standard Ventures Corp. (TSXV:GSV,NYSEMKT:GSV) announced assay results from five reverse-circulation holes completed as part of a Phase 2 program at the Dark Star oxide gold deposit.
Gold Standard Ventures Corp. (TSXV:GSV,NYSEMKT:GSV) announced assay results from five reverse-circulation holes completed as part of a Phase 2 program at the Dark Star oxide gold deposit. Dark Star is located at the company’s Nevada-based Railroad-Pinion project.
As quoted in the press release:
Four of the five holes returned significant intercepts containing 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). Results include multiple oxide intercepts grading above one gram per tonne and are highlighted by a thicker zone of 149.4 meters of 1.38 grams gold per tonne (g Au/t).
The DS15-10 intercept represents the discovery of a new gold zone that is thicker and higher grade by an order of magnitude than anything drilled to date at Dark Star.
Jonathan Awde, CEO and director of Gold Standard, commented:
These results fundamentally change the character and potential of the Dark Star Deposit. In the short term, we anticipate significant resource expansion at Dark Star. In the bigger picture, we now see the Dark Star Structural Corridor emerging as a major feature of the district that could extend for many hundreds of meters north and south of the known resource.
Click here to read the full Gold Standard Ventures Corp. (TSXV:GSV,NYSEMKT:GSV) press release.
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