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Gold Standard Ventures Extends Primary Targets at Railroad-Pinion
Gold Standard Ventures Corp. (TSXV:GSV,NYSEMKT:GSV) released assay results for 15 reverse-circulation holes from 2015 Phase 2 drilling at its Railroad-Pinion project in the Carlin Trend in Nevada.
Gold Standard Ventures Corp. (TSXV:GSV,NYSEMKT:GSV) released assay results for 15 reverse-circulation holes from 2015 Phase 2 drilling at its Railroad-Pinion project in the Carlin Trend in Nevada.
As quoted in the press release:
Fourteen of these holes returned significant intercepts with gold values above the cut-off grade of 0.14 g Au/t (grams of gold per tonne) including five intercepts grading above one gram per tonne. Results are consistent with Pinion resource grades and thicknesses and should therefore contribute additional ounces to a new resource estimate. (See September 14, 2014 news release for details of the existing resource estimate and cut-off grade.)
Phase 2 drilling at Pinion was designed to test five oxide resource expansion targets including: an offset of 24.4 m of 1.38 g Au/t in PIN15-02 (see news release dated July 28, 2015); high potential targets along the highly prospective South Fault Zone, and; the new Sentinel Contact target which is approximately 100m west of the Pinion Far North Zone. Phase 2 totaled 6,067m of RC drilling in 15 holes.
Jonathan Awde, CEO and director of Gold Standard Ventures, commented:
Once again, step-out drilling from known mineralization has successfully extended all of our primary targets while new targets also continue to emerge. The size, continuity and robustness of the Pinion mineralizing system have already exceeded our expectations and there is clearly much more to go. We are anxious to begin our next phase of drilling as soon as ground conditions allow.
Click here to read the full Gold Standard Ventures Corp. (TSXV:GSV,NYSEMKT:GSV) press release.
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