Gold Standard Ventures Corp.
TSX VENTURE : GV
OTCQX : GDVXF

Gold Standard Ventures Corp.

February 10, 2011 09:02 ET

Gold Standard Reports Additional Detailed Gravity Data on Railroad Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 10, 2011) - Gold Standard Ventures Corp. ("Gold Standard") (TSX VENTURE:GV)(OTCQX:GDVXF) www.goldstandardv.com is pleased to report the completion in 2010 of additional detailed gravity data acquisition, consisting of 1268 stations over the western and southern portions of the Railroad project. An updated report provided by J L Wright Geophysics is available on our website. Gravity is a geophysical tool which has been utilized effectively for gold deposit targeting on the Carlin Trend, especially in the Rain district which is adjacent to, and immediately north of Railroad. Gravity data provide two important sets of information; 1) the ability to model the target depth to favorable contacts and, or carbonate host units from the surface, and 2) identify major, potential feeder structures (faults) from gravity data fluctuations which reflect the juxtaposition of favorable contacts or host carbonate rocks against less dense, down-faulted clastic rock (barrier) units. 

The earlier, 2009 gravity program, consisting of 1168 gravity stations, provided key information for the 2010 drill program design. This program discovered a new zone of gold, which remains open in almost all directions, within the Bullion Fault Zone Target as indicated by drill hole R10-8 which intersected 32 meters of 1.39 g/t gold from 226.7 to 298.7 meters, and a lower mineralized zone of 43.6 meters of 1.21 g/t gold from 341.4 to 384.0 meters.

"Gravity is a powerful exploration tool we are applying to the Railroad district package of rocks, and we have demonstrated the value of the tool with the discovery of a new zone of gold indicated by holes RR10-8, RR10-11, and yet to be completed RR10-16. Based on the gravity data alone, it seems very apparent that the Railroad district constitutes a large, target-rich geological environment," quotes Vice-President of Exploration, Dave Mathewson. 

The Company's Vice President of Exploration, David C. Mathewson, M.Sc., a non-independent Qualified Person, as defined by NI 43-101, Standards of Disclosure for Mineral Properties, has verified the technical information and evaluated interpretations contained in this news release.

ABOUT GOLD STANDARD VENTURES – Gold Standard Ventures is focused on the acquisition and exploration of gold projects in North Central Nevada. Gold Standard currently holds a portfolio of projects totaling approximately 26,000 acres of prospective ground within North Central Nevada of which 15,349 acres comprise the flagship Railroad Gold Project.

On behalf of the Board of Directors of Gold Standard,

Jonathan Awde, President and Director

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information