Drilling Extends Shallow Oxide Gold Resource Potential

VANCOUVER, BC - Gold Standard Ventures Corp. reported assay results of eight reverse-circulation (RC) holes from the northern portion of the Pinion Phase 2 drilling program at its 100%-owned Railroad-Pinion Project on Nevada's Carlin Trend. All eight holes returned intercepts with gold values above the 0.14 grams per tonne (g Au/t) cut-off grade established by APEX Geoscience Ltd. of Edmonton, Canada in its NI 43-101 resource estimate, with intercepts up to 19.8 meters of 0.44 g Au/t in hole PIN14-24.

Phase 2 drilling was designed to extend areas of known shallow oxide gold mineralization along strike and at depth, and to test new targets identified by the Phase 1 program. Phase 2 (now completed) included 10,893m of RC drilling in 44 holes. Assays are pending for 11 more holes including PIN14-43 and -44, PIN14-48 and -49, and PIN14-51 through -57.

Inclined RC drilling targeted two separate breccia hosts, a relatively stratiform dissolution collapse breccia at the top of the Devil's Gate limestone and a fault breccia along the Bullion Fault Corridor. These breccia targets were tested down-dip from continuous rock chip channel samples of 130.8m of 0.35 g Au/t; 14.0m of 0.38 g Au/t; 9.5m of 0.331 g Au/t; 6.1m of 0.16 g Au/t; 6.1 m of 0.21 g Au/t; 3.1m of 0.35 g Au/t; 2.4m of 0.56 g Au/t. Prior to the GSV drilling, this target area was characterized by historic holes spaced 30 to 150m apart. The host breccias were intersected in all eight holes along a 430m north-south strike length, demonstrating that surface sampling can be successfully pursued by drilling. Mineralization remains open to the north along strike, down-dip to the east, and to the west.

PIN14-24 returned five at- or near-surface, oxidized gold zones including 19.8m of 0.44 g Au/t and 12.2m of 0.34 g Au/t. Oxidized mineralization is hosted within quartz veined and brecciated Chainman Formation sandstone and mudstone, and fills a gap in the 3D block model. Intercepts in this hole extended the north margin on the north Pinion gold zone.

PIN14-32 intersected 21.3m of 0.38 g Au/t at the fault contact between Webb Formation mudstone and Nevada Formation dolomite. Oxidized mineralization is associated with quartz veins, silicification, hematite and fault breccia.

PIN14-35 intersected four zones of gold mineralization including a higher-grade gold zone of 4.6m of 2.79 g Au/t within oxidized and silicified fault breccia. This gold zone is immediately below a clay-altered quartz-feldspar porphyry dike, within the Bullion Fault Corridor.

Continuous rock chip channel samples, collected along newly constructed drill access roads between PIN14-29 and -45, returned a composite interval of 15.2m of 0.34 g Au/t in oxidized, decalcified and silicified breccia. Sample intervals were 3.1m with individual sample values ranging from 0.20 to 0.50 g Au/t. The interval is open on both ends as the channel samples were limited to exposed breccia. This new area represents a further target for resource expansion in the next phase of drilling.

Mac Jackson, Gold Standard's Vice President of Exploration stated, "These results once again demonstrate the unusual continuity of gold-bearing mineralization in the Pinion area. Our work at North Pinion has progressed well from defining breccia-hosted, oxide gold zones at the surface in rock chip channel samples to successfully intersecting the down-dip extension of these gold zones in Phase 2 drilling. Clearly, this work has filled some gaps and extended the breccia-hosted gold 430m to the north at Pinion. We also collected gravity and CSAMT data across the Bullion Fault Corridor moving north from Pinion which has established an exciting new structural target we plan to explore in 2015."