Drilling Intersects 537 Feet Of 0.099 Oz. Au At Railroad

VANCOUVER, BC - Gold Standard Ventures Corp. reported that a new hole, RR 12-1, has intersected 537 feet of 0.099 ozAu/st (3.38 g/t Au) including 140 feet of 0.274 oz Au/st (9.40 g/t Au). This intersection includes 12 intercepts (each about 5 feet in length) which assayed greater than 0.3 ozAu/st (10 g/t Au) to as high as 0.75 ozAu/st.

Drill holes RR 12-1 and RR 12-2, commenced in February, were flatter angled -55 degree exploration holes from sites earlier drilled with -70 degree holes. These holes were drilled eastward to focus on a potential high-grade feeder previously discovered in hole RR11-16 within the North Bullion Fault Zone ("NBFZ") as reported on February 22, 2012. RR12-1 is located about 300 feet north of RR12-02. Both of these holes were designed to further assess the generally north-south-trending NBFZ target and intersect high-grade feeder mineralization within this target zone.

Highlights of 12-1 include: Thick (537 feet/164m) interval of continuous gold mineralization; Drilled at -55 degrees from the same site as RR11-18 which was drilled at -70 degrees and intersected 255 feet of 0.048 ozAu/st (77.8m of 1.63g/t) including 110 feet of 0.075 ozAu/st (33.5m of 2.58g/t); Approximately a 300 feet northerly step-out from RR 11-16 which intersected 185 feet of 0.125 ozAu/st (56.4m of 4.29g/T) including 60 feet of 0.214 ozAu/st (18.3m of 7.34g/t); Prematurely terminated in gold mineralization at 1316 feet due to bad rock conditions; Continues to affirm that the NBFZ mineralization is similar to the larger, more robust gold deposits in the northern portion of the Carlin     Trend.

Dave Mathewson, Vice President of Exploration, states that, "We are drilling a large zone of strong gold mineralization that remains open in almost all directions. This mineralization has all the characteristics expected of a large and strong gold system and is typical of some of the major gold deposits located on the Carlin Trend and elsewhere in Nevada."

The high grade gold zones occur within very complex, commonly silicified, baritic, alunitic, and sulfidic tectonic and coincident dissolution created collapse breccias. High-grade gold zones, greater than 0.2 ozAu/st, are also characterized by the presence of abundant "sooty" sulfides, and realgar and orpiment (arsenic sulfides).

Drilling is in progress with two core drills in the NBFZ target area. "With these recent very positive drill results, we will be stepping up our exploration effort within this target area. These results are from only the first target which we have aggressively pursued starting in 2010 within the Railroad exploration program. This bodes well for many of the other targets we are developing and intending to pursue on the property, especially perhaps the nearby Railroad Fault zone, a close analog to Newmont's and Premier Gold's Rain Fault gold zone located just to the north in the Rain mining district. Frankly, we are in the very early stages of exploring the Railroad district, especially given its now established credentials for strong gold mineralization.╙ Mathewson said.

Drill testing of the North Bullion Target Zone has to date defined gold-mineralized breccia bodies in the carbonate rocks more than 1500 feet thick, over 800 feet along strike, and several hundred feet in width. The presence of high value gold mineralization within this target zone has also been established and it remains open in most directions. At least two more core rigs will soon be mobilized onto the target. RedCor Drilling Company, Gold Standards' core drilling contractor, has been and will continue drilling seven days per week without breaks on the challenging and complex NBFZ target for the foreseeable future.

The company's address is Suite 610, 815 West Hastings St., Vancouver, BC V6C 1B4, 604-669-5702, fax: 604-687-3567.