Gold Standard Ventures (OTCQX: GDVXF; TSX-V: GV) continues to intersect significant gold mineralization, including in drill hole RR11-18, 77.8 metres of 1.63 g/t gold, including 33.5 metres of 2.58 g/t gold. Both intercepts are between 326.1 metres and 403.9 metres in depth.
“Early in our Railroad exploration program our drilling encountered large, thick zones of collapse breccias containing anomalous gold up to the one gram, or more, and these results led us into the NBFZ target area. Potential economically important high grade feeders that created the breccias and fed in the gold mineralization are thoroughly obscured by the non-receptive capping units, and in places post-mineral volcanic rocks. Gravity data combined with geochemistry provided good information for getting us close to the major structures and the possible flanking feeder zones, but it has now become the job of the drill and careful geological interpretation of drill core and assay results to further zero in on the high grade feeder zones. We believe we may have clipped one of these feeders (185 feet of 0.125 ozAu/st) in hole RR11-16,” states Dave Mathewson, Vice President of Exploration.