Gold Standard Announces Strategic Partnership With Orion Mine Finance

VANCOUVER, BC - Gold Standard Ventures Corp. has entered into a binding letter of intent with Orion Mine Finance relating to a series of  transactions, totaling approximately US$22.5 million.

Additionally, the Company and Orion will enter into a silver streaming agreement for 100% of the silver production on the Company’s South Railroad project in Nevada, and at the Jasperoid Wash deposit, which is a limited portion of the lands owned or controlled by the Company. Finally, Orion has agreed to provide a proposal financing support to the Company to help finance the construction of the South Railroad Project following the satisfaction of certain milestones.

Jonathan Awde, CEO and Director said, “We are very pleased to announce our strategic partnership with Orion, a strong and proven investor and lender to mining companies who are advancing along the path to potential production. They are now a strategic shareholder of the Company and we look forward to potential financings from them in the future.  We also look forward to advancing our infill drilling, permitting and feasibility study, which are our next key milestones for 2020 and 2021.”