Gold Standard Ventures Expands Gold Mineralization at LT Discovery
Gold Standard Ventures Corp has reported that 10 exploration reverse-circulation holes drilled at the LT oxide gold discovery have confirmed its potential to make
an important contribution to feasibility mine plans at Gold Standard’s 100%owned & controlled Railroad-Pinion Project in Nevada’s Carlin Trend. Objectives of the drilling included testing structural and stratigraphic targets to the north and south of LT19-02, a 2019 RC hole that intersected 12.2m of 1.58 g Au/t
A planned total of 1,324.4m of drilling in 10 RC holes has been completed year to date. Oxide results include 30.5m of 0.78 g Au/t, including 7.6m of 1.58 g Au/t in hole LT20-08; 24.3m of 0.73 g Au/t, including 6.1m of 1.26 g Au/t in LT20-01; 15.2m of 0.96 g Au/t in LT20-02; and 30.5m of 0.39 g Au/t in LT20-03. These oxide intercepts begin at or close to the current topographic surface, they establish strike and downdip continuity to mineralization and are open in multiple directions.
Jonathan Awde, CEO and Director of Gold Standard commented: “The LT target is opening up into a valuable deposit which has the potential to add oxide resources to our Feasibility mine plans now in progress. These results also demonstrate that while Railroad-Pinion is in an advanced stage of development, it continues to offer exceptional near-surface oxide exploration opportunities.”