By The Gold Report
Source: Streetwise Reports 02/06/2019
The company will include these results, which confirm the resource remains open, in an updated estimate.
Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) reported in a news release the results for the last of the 143 holes it drilled at Dark Star “continue to confirm that oxide gold resource expansion remains open in multiple directions.” Dark Star is the deposit on Gold Standard’s Railroad-Pinion project in Nevada.
The new results are for 11 reverse circulation (RC) holes and one core hole. Two of the RC holes drilled in the northern portion of Dark Star, DR18-117 and DR18-113, intersected vertically continuous zones of oxidized gold mineralization.
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Specifically, DR18-117 intersected an oxidized interval of 77.7 meters (77.7m) of 0.90 grams per ton (0.9 g/t) gold, including 42.7m of 1.26 g/t gold. This new stepout intercept is situated about 30m west of DS17-37, where mineralization remains open to the south.
DR18-113 intersected 18.3m of 0.34 g/t gold. Oxide mineralization in this hole remains open to the west and north.
Certain of the 11 holes were drilled for purposes other than to look for mineralization. DC18-14 was drilled to check geotechnical parameters. DRR18-107, DR18-108, DR18-111 and DR18-112 were drilled for environmental purposes. Unexpectedly, DR18-108 intersected a reduced intercept of 7.6m of 2.43 g/t gold.
“Results from the 2018 Dark Star development program continue to reveal a robust, vertically and laterally extensive oxide gold system on the north end of the deposit that, at depth, transitions into higher-grade sulfide gold mineralization,” according to the release.
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( Companies Mentioned: GSV:TSX.V; GSV:NYSE,