Announcement Date: 2022-03-15
Announcement Type: Feasibility Study
Announcement Code: NI43-101
Company name: Gold Standard Ventures Corp.
Project name: Railroad
Location: United States
Commodities: Gold
Highlight: Feasibility Study results incl. post-tax NPV (5%) of US$314.8M & IRR of 44.3%
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: This Technical Report (“Technical Report”) has been prepared by M3 Engineering and Technology Corporation (“M3”) with Gold Standard Ventures Corp. (“Gold Standard” or “GSV”) in accordance with the National Instrument 43-101F1 Standards of Disclosures for Mineral Projects (“NI 43-101”). The Technical Report presents the results of the South Railroad feasibility study (“FS”), incorporating new design-work, scheduling, and projected costs, in support of mineral resource and mineral reserve estimates in the Dark Star and Pinion gold deposits. Gold Standard’s Railroad Pinion property is located in the Bullion mining district of the southern Carlin trend in Nevada. The property has two adjacent parts, the North Railroad portion (“North Railroad”), which includes POD, Sweet Hollow, South Lodes and North Bullion (collectively called the North Bullion deposits, or the North Bullion area), and the South Railroad portion (“South Railroad”), which includes Dark Star, Pinion, and Jasperoid Wash. Gold Standard has drilled, or received assays, for 127 new holes since the effective dates of the databases for the respective deposits on the Railroad-Pinion property. In many cases, assay results were delayed significantly past the effective dates due to the COVID-19 pandemic.
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