Gold Standard Ventures Graduates to the Toronto Stock Exchange
October 11 2017 - 6:30AM
Gold Standard Ventures Corp. (TSX:GSV) (NYSE
AMERICAN:GSV) (“Gold Standard” or the “Company") is pleased to
announce that its common shares (the “Common Shares”) have been
approved for listing on the Toronto Stock Exchange (the “TSX”) and
will commence trading on the TSX at the opening of market on
October 11, 2017. Concurrent with the TSX listing, the Common
Shares will be de-listed from the TSX Venture Exchange. The trading
symbol of the Common Shares will continue to be “GSV”.
Jonathan Awde, President and CEO of Gold
Standard, commented: “Gold Standard is very pleased to
announce another significant milestone for the Company and its
shareholders. The TSX is Canada’s premier exchange and will further
improve visibility of the Company, provide access to a broader
capital market base and will potentially provide greater trading
liquidity for our shareholders.”
ABOUT GOLD STANDARD VENTURES –
Gold Standard is an advanced stage gold exploration company focused
on district scale discoveries on its Railroad-Pinion Gold Project,
located within the prolific Carlin Trend. The 2014 Pinion and Dark
Star gold deposit acquisitions offer Gold Standard a potential
near-term development option and further consolidates the Company’s
premier land package on the Carlin Trend. The Pinion deposit now
has an NI43-101 compliant resource estimate consisting of an
Indicated Mineral Resource of 31.61 million tonnes grading 0.62 g/t
Au, totaling 630,300 ounces of gold and an Inferred Resource of
61.08 million tonnes grading 0.55 g/t Au, totaling 1,081,300 ounces
of gold, using a cut-off grade of 0.14 g/t Au. The Dark Star
deposit, 2.1 km to the east of Pinion, has a NI43-101 compliant
resource estimate consisting of an Indicated Mineral Resource of
15.38 million tonnes grading 0.54 g/t Au, totaling 265,100 ounces
of gold and an Inferred Resource of 17.05 million tonnes grading
1.31 g/t Au, totaling 723,500 ounces of gold, using a cut-off grade
of 0.2 g Au/t. The North Bullion deposit, 7 km to the north of
Pinion, has a NI43-101 compliant resource estimate consisting of an
Indicated Mineral Resource of 2.92 million tonnes grading 0.96 g/t
Au, totaling 90,100 ounces of gold and an Inferred Resource of
10.97 million tonnes grading 2.28 g/t Au, totaling 805,800 ounces
of gold, using a cut-off grade of 0.14 g Au/t for near surface
oxide and 1.25 to 2.25 g Au/t for near surface sulfide and
underground sulfide respectively.
The scientific and technical content and
interpretations contained in this news release have been reviewed,
verified and approved by Steven R. Koehler, Gold Standard’s Manager
of Projects, BSc. Geology and CPG-10216, a Qualified Person as
defined by NI 43-101.
Neither the TSX nor its Regulation Services
Provider (as that term is defined in the policies of the TSX) nor
the NYSE AMERICAN accepts responsibility for the adequacy or
accuracy of this news release.
CAUTIONARY NOTE REGARDING
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking
statements, which relate to future events or future performance and
reflect management’s current expectations and assumptions. Such
forward-looking statements reflect management’s current beliefs and
are based on assumptions made by and information currently
available to the Company. All statements, other than statements of
historical fact, included herein including, without limitation,
statements about our proposed exploration programs are forward
looking statements. By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or
other future events, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Risk factors affecting the
Company include, among others: the results from our exploration
programs, global financial conditions and volatility of capital
markets, uncertainty regarding the availability of additional
capital, fluctuations in commodity prices; title matters; and the
additional risks identified in our filings with Canadian securities
regulators on SEDAR in Canada (available at www.sedar.com) and with
the SEC on EDGAR (available at www.sec.gov/edgar.shtml). These
forward-looking statements are made as of the date hereof and,
except as required under applicable securities legislation, the
Company does not assume any obligation to update or revise them to
reflect new events or circumstances.
CAUTIONARY NOTE FOR U.S. INVESTORS
REGARDING RESERVE AND RESOURCE ESTIMATES
All resource estimates reported by the Company
were calculated in accordance with the Canadian National Instrument
43-101 and the Canadian Institute of Mining and Metallurgy
Classification system. These standards differ significantly from
the requirements of the U.S. Securities and Exchange Commission for
descriptions of mineral properties in SEC Industry Guide 7 under
Regulation S-K of the U. S. Securities Act of 1933. In particular,
under U. S. standards, mineral resources may not be classified as a
“reserve” unless the determination has been made that
mineralization could be economically and legally produced or
extracted at the time the reserve determination is
made. Accordingly, information in this press release
containing descriptions of the Company’s mineral properties may not
be comparable to similar information made public by US public
reporting companies.
On behalf of the Board of Directors of Gold
Standard,
“Jonathan Awde”
Jonathan Awde, President and Director
FOR FURTHER INFORMATION PLEASE CONTACT: Jonathan
Awde President Tel: 604-669-5702
Email: info@goldstandardv.com Website:
www.goldstandardv.com
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