Gold Standard Ventures (OTCQX: GDVXF; TSX-V: GV) has expanded its exploration program on its 100% controlled, 22 square mile, Railroad Project located on the Carlin Gold Trend in north-central Nevada.
Two core rigs and 1 RC rig are now testing two of the three main target zones on the property. The RC rig and a core drill are testing the North Bullion target zone where significant mineralization was discovered by Gold Standard late in 2010. The other core drill is testing the historic Bullion district near the center of the project area. In August, a third core drill will begin drilling the as yet untested Railroad fault zone, an apparent analog to the Rain fault to the north and the third main target on the Railroad project.
According to Dave Matthewson, Vice President of Exploration, “Visually, and supported by assay results from our core holes, we continue to see strong indications of a significant gold system and exceptionally large and very complex, multi-stage collapse breccias within the 800 foot thick Devils Gate limestone and up into the overlying clastic rock units. This setting is nearly identical to the rock-structure setting along the Post Fault at the north end of the Carlin Trend which includes the Deep Star, Goldstrike, Rodeo and Meikle deposits. It is essentially impossible to distinguish the Bootstrap limestone host in the north Carlin area from the Devils Gate limestone host in the Railroad district. I believe that to achieve major success, we simply need to find the feeder zones for all this rock damage, alteration, and gold.”