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Stock Market & Financial Investment News

News Breaks
May 22, 2014
05:42 EDTGSVGold Standard Ventures initiates drilling at Pinion Project
Gold Standard Ventures announced that drilling has commenced at the company's Pinion Project with one reverse circulation and one core rig. The Phase 1 program consists of thirteen vertical drill holes designed to confirm and verify historic drill results in the Pinion North and Main Zones, test the predictability of the new geological model and collect material for density and metallurgical testing in advance of an initial NI 43-101 resource estimation. Drilling, estimated at 2,100 meters, is expected to be completed before the end of June. Nine reverse circulation drill holes totaling about 1500 meters, and four core holes totaling about 600 meters are planned for Phase 1 drilling at Pinion.
News For GSV From The Last 14 Days
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May 28, 2015
05:06 EDTGSVGold Standard Ventures commences drilling at Pinion and Dark Star gold deposits
Gold Standard Ventures reports that reverse circulation drilling has begun on the Pinion gold deposit at its 100%-owned Railroad-Pinion Project in Nevada's Carlin Trend. The company is drilling with two rigs focused on several new exploration targets at northwest and southeast Pinion. The company plans to drill 6000m in three targets--northwest Pinion, southeast Pinion and Dark Star. The objective of the drilling in northwest and southeast Pinion is to expand the shallow oxide resource. Approximately 3500 meters will be drilled in an initial phase which will test favorable new surface exploration targets identified through soil samples and gravity data achieved in 2014. At southeast Pinion, the company also plans to drill a deeper RC hole within the footwall of the Bullion Fault Corridor to test for a repeated multi-lithic collapse breccia hosted gold zone beneath the Pinion resource. This is a new target that emerged from deeper drilling and cross section interpretation in 2014. The geologic setting and alteration in the target area are analogous to that of the high-grade lower zone mineralization at the North Bullion deposit 10 km to the north. The company also plans to drill over 2000 meters at its Dark Star target with a goal to extend areas of shallow oxide gold mineralization along strike and at depth, and to test new targets identified through the new 3D geological model and CSAMT data. Gold mineralization is related to a north to north-northeast-striking zone of alteration focused along west-dipping contacts with and within a coarse Pennsylvanian conglomerate and bioclastic limestone bearing unit. Surface exploration programs including soils and gravity are underway which will identify additional oxide gold targets within the north-striking Dark Star structural and dike trend which is approximately 4km long. The company is also commencing a metallurgical program which will be designed by Dr. Sevket Acar, a 30 year veteran of Newmont Mining Corporation who was responsible for metallurgical testing and process design for numerous operating mines including a number of Carlin Trend gold deposits.
May 15, 2015
16:29 EDTGSVGold Standard Ventures terminates LOI to non-core early exploration assets
Gold Standard Ventures announces that due to current market conditions it has terminated the letter of intent to sell its portfolio of non-core early exploration assets consisting of the Crescent Valley, East Camp Douglas and East Bailey projects to Tanqueray Exploration as first announced on May 30, 2014. The company also intends to drop such assets and terminate any underlying lease agreements which will result in annual maintenance cost savings in excess of $400,000 per year. The company will continue to focus its exploration efforts exclusively on its 100% owned/controlled Railroad-Pinion Project in Nevada's Carlin Trend as more particularly described in the company's news release of April 28.

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