Significant Oxide Gold Discovered At New Bald Mountain Target

VANCOUVER, BC - Gold Standard Ventures Corp. reported results from its first core hole drilled into the Bald Mountain Au-Cu target which could have important economic consequences for the Company's 100%-owned Railroad Project in the Carlin Trend, Nevada.

Vertical core hole RRB13-1 intersected 56.1 meters of 1.47 g Au/T, including an internal interval of 7.3 meters of 5.66 g Au/T. Importantly, the gold intercept is hosted entirely in oxidized hornfels breccias and represents the most significant oxidized gold mineralization found to date in the northern Railroad project area. Gold in oxidized mineralization can typically be recovered using less expensive methods than non-oxidized (sulphide) material.

Immediately below the gold intercept, RRB13-1 intersected a separate copper zone returning 23.3 meters of 0.4% copper as well as narrower but high-grade intercepts of other base metals and silver.

Highlights: RRB13-1 (located about 1500 meters southwest from the North Bullion gold discovery), the first hole drilled by Gold Standard into the Bald Mountain Au-Cu target, was designed to provide an early-stage core test of a porphyry Cu-Au-type target opportunity indicated by historical shallow reverse circulation holes. This high priority target opportunity became available for drilling when the exploration Plan of Operations (POO) was approved and finalized in December, 2012; Significant intercepts in RRB13-1 include 56.1 meters of 1.47 g Au/T, including an internal interval of 7.3 meters of 5.66 g Au/T. Immediately below the gold intercept, the hole intersected a separate zone of 23.3 meters grading 0.4% copper. The gold and copper mineralization is open in all directions.

 The gold and copper mineralization appears to be entirely within non-calcareous, oxidized material which could ultimately be amenable to simple cyanidization and/or acid leaching extraction; In addition to the gold and copper mineralization, four intercepts of silver with base metals were encountered in RRB13-1 including a 1.5 meter intercept of 763.8g g Ag/t, 1.6%Cu, 11.8% Pb and 2.43% Zn. The implications of these intercepts are being evaluated.

Key observations: Prior, shallow historical drilling in the area used RC rigs; therefore, the character and qualities of the host rock type, and the style and distribution of mineralization, remained largely unknown; Known primarily as a base metal and silver camp, the historical Central Bullion area, in which Bald Mountain is located, now appears to be emerging also as an important gold opportunity; Further core drilling is required to determine the orientation and expand the extent of the newly-discovered Bald Mountain oxide gold mineralization; 1200 meters to the southwest, RRB13-2, a 65 meter, vertical, deeper offset follow-up to RRB12-3, was recently completed and assays are pending; A third hole, RRB13-03, in the Central Bullion area will commence shortly, at a target called Steve's Camp, approximately 600 meters south of RRB13-01. This hole is designed to test an area between the Cu-Ag Skarn drilled at the end of last year and the newly discovered Bald Mountain Au-Cu intercept.

Dave Mathewson, Vice President of Exploration said, "We are excited by this discovery of gold in oxide material at Bald Mountain as well as the multi-element potential of the broader Central Bullion area. We have recently expanded our surface sample coverage and are now looking at a target area for copper, gold and silver with a diameter of four kilometers."