Dark Oxide Gold Deposit Intersections On Railroad-Pinon Project

VANCOUVER, BC - Gold Standard Ventures Corp. reported assay results from five reverse-circulation (RC) holes drilled in the 2015 Phase 2 program at the Dark Star oxide gold deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada's Carlin Trend. Four of the five holes returned significant intercepts containing gold values above the cut-off grade of 0.14 g Au/t established by APEX Geoscience Ltd. of Edmonton, Canada in its Dark Star NI43-101 resource estimate. Results include multiple oxide intercepts grading above one gram per tonne and are highlighted by a thicker zone of 149.4 meters of 1.38 grams gold per tonne (g Au/t).

The DS15-10 intercept represents the discovery of a new gold zone that is thicker and higher grade by an order of magnitude than anything drilled to date at Dark Star.

Jonathan Awde, CEO and Director said, "These results fundamentally change the character and potential of the Dark Star Deposit. In the short term, we anticipate significant resource expansion at Dark Star. In the bigger picture, we now see the Dark Star Structural Corridor emerging as a major feature of the district that could extend for many hundreds of meters north and south of the known resource."

Drilling also continues on the Pinion Deposit and the North Bullion Deposit. The Phase 2 Dark Star drilling was designed to extend areas of known gold mineralization along the strike of the Dark Star structural corridor to the north of DS15-03, a Phase 1 drill hole that intersected two zones of gold mineralization including 32.0m of 0.58 g Au/t and 21.3m of 1.90 g Au/t (see news release dated July 28, 2015). Gold at Dark Star occurs in an unconventional host rock for the Carlin Trend, a Pennsylvanian-Permian unit composed of bioclastic bearing debris flow conglomerate with interbeds of calcareous sandstone, siltstone and mudstone. These rocks dip to the west within the north-trending Dark Star Corridor, which is bounded to the east by a large displacement, normal fault.

To date, Phase 2 includes 2,473m of RC drilling in six holes at Dark Star that indicate the gold system extends northward along the Dark Star structural corridor into favorable geologic terrain that has not been systematically drill tested.

Mac Jackson, Vice President of Exploration said, "With these results from DS15-10, Dark Star becomes the fourth target to produce outstanding intercepts at our Railroad-Pinion project, joining Pinion, North Bullion and Bald Mountain. The pace of discovery is quickening as we gain command of the geology and further refine the tools that have proved to be most effective. This is the way successful exploration progress on the Carlin Trend; momentum builds as gold is intersected in multiple targets within these large mineral systems. The thick, oxide intercept in DS15-10 has changed our expectations of Dark Star. This hole remains open in multiple directions and we are confident of drilling more like it."