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Message: Gold Standard Ventures Says Deep Drilling Continues to Intersect Thick Intervals of Oxide Gold at Dark Star

Gold Standard Ventures Says Deep Drilling Continues to Intersect Thick Intervals of Oxide Gold at Dark Star

posted on Oct 16, 2018 07:57AM
 
2018-10-16 07:40:59 AM ET (MT Newswires)
   
   

07:40 AM EDT, 10/16/2018 (MT Newswires) -- Gold Standard Ventures (GSV) reported early Tuesday "more impressive" results from one core hole and one reverse-circulation hole at the Dark Star deposit on its 100%-owned Railroad-Pinion project in Nevada's Carlin Trend.

With this, results have now been reported for 121 of the 132 holes that have been completed at Dark Star, according to a statement. Two holes in the northern portion of Dark Star intersected vertically-continuous zones of oxidized gold mineralization including 213.7 meters of 2.52 grams Au/metric tons and 163.1 meters of 1.24 grams Au/metric tons.

"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," the statement noted.

This autumn, about 5,400 meters of additional RC drilling in 17 holes will test new targets at a depth below the current resource model, and 18 additional holes will test the potential for further lateral resource expansion to the north, west, and south of the current resource.

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