Gold Standard Ventures (OTCQX: GDVXF; TSX-V: GV) has entered into a “Minerals Lease and Agreement” to lease four sections totaling 2,560 acres from Newmont USA Limited, a subsidiary of Newmont Mining Corporation. Two of the four sections are staked public lands which carry no underlying royalty. The other two sections are private surface and minerals lands subject to an underlying 5% net smelter royalty (NSR). With this acquisition, Gold Standard owns or controls 22 square miles, or more than 14,000 acres, of prospective target area on the prolific Carlin Gold Trend.
Gold Standard Acquires Leases Adjacent to its Railroad Property from Newmont