Gold Standard Ventures (OTCQX: GDVXF; TSX-V: GV) has commenced at Gold Standard’s flagship Railroad project on the Carlin Trend in Nevada.
The first hole to be drilled will be the completion of RR10-16 in the North Bullion Fault Zone which was partially drilled in late 2010 to a depth of 900 feet using a reverse circulation (RC) rig. This hole bottomed in the strongest gold mineralization encountered in the 2010 reconnaissance program. As surface ground conditions continue to improve, a larger RC drill will be added to the Railroad program, to expedite results. The RC rig will be used to drill more quickly and inexpensively to the target depth where the hole will be re-entered and completed using the core rig which provides more geological information and more accurate assay data.
According to Dave Matthewson, VP of Exploration, “Now that access conditions allow, we are very excited to re-commence our drilling program at Railroad which was terminated late last year due to weather. Our top priority is to follow-up drilling on the thick intercepts of gold mineralization encountered late last year within the North Bullion Fault Zone. We will also be conducting the first focused drill testing of the Railroad Fault Zone, a target analogous to the prolific Rain Fault Zone in Newmont’s Rain district just to the north. In addition, we will soon be drill testing several new targets in the historic Bullion Mining district of our Railroad project.”