VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/09/16 — Gold Standard Ventures Corp. (TSX VENTURE: GSV) (NYSE MKT: GSV) (“Gold Standard” or the “Company”) today announced assay results from the first three step out core holes at the recently discovered North Dark Star oxide gold deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend. The results significantly increase the size of the North Dark Star deposit while also enhancing its prospective grade and establishing the orientation of a favorable trend supporting the potential for further expansion of the higher grade zone.
The primary objective of this year’s drill program at North Dark Star was to find a continuation of the high grade zone discovered in core hole DS15-13 (15.4m of 1.85 g Au/t and 97.0m of 1.61 g Au/t) at the end of last year’s drill program (see January 21, 2016 news release). DS16-08, located 100m south of DS15-13, returned multiple, significant, oxidized intercepts containing gold values above the cut-off grade established in the Dark Star NI43-101 resource estimate announced on March 3, 2015 (see news release). DS16-08 returned a 126.2 meter section grading 3.95 g Au/t including higher grade intervals of 44.0m of 4.70 g Au/t, 17.9m of 5.6 g Au/t and 7.9m of 10.7 g Au/t (Please click the following link to see section maps and drill plan: http://goldstandardv.com/lp/north-dark-star-drill-results/).
Jonathan Awde , CEO and Director of Gold Standard commented: ” North Dark Star is continuing to exceed our expectations and is becoming a major Nevada (Carlin) gold discovery. With these first few holes, we have successfully found the orientation of the thick, high grade mineralized zone discovered last year. We will now be focusing more of our current drill program on the North Dark Star area while also enhancing access so we can extend the drill season as late as possible. Near surface, oxide deposits with these grades clearly have outstanding economic potential.”
A conference call will be held by the company tomorrow ( Wednesday August 10, 2016 ) at 11:00 a.m. PDT to discuss today’s release and the continuing exploration program at Railroad Pinion. Dial-in numbers are provided at the end of this press release.
Key North Dark Star Highlights

— DS16-08 intersected a thick, vertically-extensive, oxidized intercept of
126.2m of 3.95 g Au/t approximately 100m south of discovery hole DS15-
13. Mineralization occurs in decalcified, variably silicified,
pervasively oxidized and collapse brecciated debris flow conglomerate,
bioclastic limestone, calcarenite, calcareous sandstone and silty
limestone (click the following link for pictures of core
:http://goldstandardv.com/lp/north-dark-star-drill-results/). Oriented
core measurements from this hole confirm that the favorable
Pennsylvanian-Permian carbonate stratigraphy hosting this mineralization
has a northerly strike and is moderately to steeply dipping to the west.
Mineralization in DS16-08 comes to within 90m of surface and is open in
multiple directions. True widths are estimated at 70-90% of drilled
thicknesses.

— DS16-05, located approximately 50m north of DS15-13, intersected
multiple zones of oxidized mineralization including 24.1m of 1.28 g
Au/t.

— DS16-02, located approximately 70m to the east and up-dip from DS15-13,
intersected multiple near-surface zones of oxidized mineralization
including 23.2m of 0.72 g Au/t. All of the DS16-02 gold intercepts are
less than 50m below the topographic surface. True widths are estimated
at 70-90% of drilled thicknesses