Additional Results From Reverse Circulation Infill And Stepout Holes

VANCOUVER, BC - Gold Standard Ventures Corp. reported more oxide gold results from 30 reverse-circulation (RC) infill and stepout holes at the Dark Star deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend. With this news release, results have now been reported for 67 of the 70 RC holes completed in the Dark Star 2019 Phase 1 drilling program.

In the northern portion of the deposit, two stepout holes confirm extensions to thick zones of oxide mineralization identified during the 2018 infill program.  DR19-26 intersected 51.8m of 1.07 g Au/t, including 16.8m of 2.58 g Au/t; and DR19-15 intersected 22.9m of 1.92 g Au/t, including 13.7m of 3.04 g Au/t.  In the southern portion of the deposit, nine infill and step out holes intersected thick intervals of oxide mineralization that begin at the current topographic surface.  In both locations, oxide mineralization remains open for resource expansion.

In the 2019 Phase 1 program, 10,503m of drilling have been completed in 70 RC holes. These holes are testing new targets at depth below the current resource model, and lateral resource expansion opportunities adjacent to the current Dark Star resource. The 2019 program will also infill the current resource to approximately 30m drill spacings for conversion to measured and indicated classification.

Jonathan Awde, CEO and Director, said, “Our exploration success at Railroad-Pinion over the past five years has made it one of the largest undeveloped oxide gold resources in Nevada. The Preliminary Feasibility Study now in progress has the goal to demonstrate that our project is amongst the best potential new Nevada oxide, heap leach projects outside the Barrick-Newmont Joint Venture. Drilling to date has focused on upgrading the shallow oxide resource and extending it laterally but new drilling will now focus on deeper, reduced mineralization characteristic of the large, higher grade deposits on the Carlin Trend.”

Key Highlights from Dark Star: In the northern portion of the deposit, two stepout holes intersected thick zones of oxide mineralization including:  22.9m of 1.92 g Au/t, including 13.7m of 3.04 g Au/t in DR19-15; and 51.8m of 1.07 g Au/t, including 16.8m of 2.58 g Au/t in DR19-26.  These holes extend oxide mineralization approximately 50m north of DR18-110, which intersected 109.7m of 1.00 g Au/t including 24.4m of 2.05 g Au/t.  Mineralization remains open to the north and northwest for resource expansion; In the southeastern portion of the deposit, nine infill and stepout holes (DR19-49, -55, -57, -58, -59, -64, -65, -70, -71) intersected thick intervals of oxide mineralization that begin at or near the current topographic surface.  Drill intercepts either confirm or exceed the current resource block model for grade and thickness.  Significant intercepts include: 88.4m of 0.61 g Au/t in DR19-57; 54.9m of 0.85 g Au/t, including 13.7m of 2.06 g Au/t in DR19-58; 39.6m of 1.25 g Au/t, including 15.2m of 2.02 g Au/t in DR19-65; 33.5m of 0.70 g Au/t, including 6.1m of 1.25 g Au/t in DR19-70; and 62.5m of 0.86 g Au/t, including 18.3m of 1.38 g Au/t in DR19-71.  Mineralization remains open to the east and south for resource expansion; and In the central portion of the deposit, infill holes DR19-01, -06, -60 and -62 indicate that oxide mineralization is more continuous then previously modeled along the northwest-striking Saddle Fault.  Additional infill and stepout drilling will be required in this portion of the resource.

The company’s address is Suite 610, 815 West Hastings St., Vancouver, BC V6C 1B4, (604) 687-2766, www.goldstandardv.com.