Gold Standard Moves to Resource Estimation

VANCOUVER, BC - Gold Standard Ventures Corp. reported assay results of the final three holes from the Pinion Phase 1 drilling program at its 100%-owned/controlled Railroad-Pinion Project in Nevada's Carlin Trend. These results continue to meet three key objectives of the initial 13 hole drill program: verifying historical drill data, expanding the known limits of the gold mineralization and demonstrating the predictability of GSV's new geological model. Data collected during the Phase 1 program, and ongoing geological activities, will enable the completion of the first NI43-101 compliant resource estimate at Pinion, which is expected during the third quarter.

Drilling highlights include: PIN14-10, an RC infill hole between historic RC holes SB-123 (9.2m of 1.00 g Au/t) and SB-072 (18.3m of 0.44 g Au/t), returned 25.9m of 0.57 g Au/t; PIN14-12, a core hole in the North Zone, returned 47.1m of 0.79 g Au/t. This hole successfully twinned and verified results from historical RC hole CPR-30 (51.8m of 0.74g Au/t), and PIN14-13, a 65m easterly RC step out from SB-073 (18.3m of 1.64 g Au/t), returned 19.8m of 0.88g Au/t. This oxidized mineralization remains open in multiple directions.

The targeted multilithic, dissolution collapse breccia host was intersected in all thirteen Phase 1 drill holes. Gold mineralization in these holes is continuous and widespread within this highly permeable, silicified, and oxidized breccia which is favorably sandwiched between relatively impermeable silty micrite of the overlying Mississippian Tripon Pass Formation and thick-bedded calcarenite of the underlying Devil's Gate Formation. Gold bearing intercepts in PIN14-10 and PIN14-13 expanded the lateral extent of the breccia hosted gold zone and demonstrate the upside exploration potential for continuous oxidized gold mineralization between the North and Main Zones. This area between the zones is characterized by a limited number of widely-spaced historic drill holes that tested the multilithic, dissolution collapse breccia host.

In addition to the Phase 1 results, Gold Standard has been systematically collecting and compiling geologic data for the Pinion deposit. Since purchasing and consolidating the remaining portion of the Pinion gold deposit (see Gold Standard news release dated March 5, 2014) GSV geologists have relogged 174 historic RC and core holes, completed 21 east-west and 6 north-south cross sections, collected 171 samples for specific gravity determinations from 12 historic and four Gold Standard core holes, and completed detailed geologic mapping of the Pinion area. These technical data have been delivered to APEX Geoscience of Edmonton, Alberta for completion of an initial NI 43-101 compliant resource estimate. Completion of this work is expected in the third quarter.

Mac Jackson, Gold Standard's Vice President of Exploration stated, "These drill results from our Phase 1 program at Pinion give us tremendous confidence that our new geologic model and database will support our primary goal of generating a NI 43-101 resource estimate. Equally as important, our detailed geological and geophysical work has resulted in the identification of several new targets, showing Pinion to be a strong gold system with upside potential and room to grow in multiple directions. We are excited to begin Phase 2 drilling and test these new targets as soon as we receive the resource estimate from our independent consultants."