Gold Standard Ventures Feasibility Study Update and Conference Call
16 Febrero 2022 - 4:00PM
Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold
Standard” or the “Company”) announces an update to the base case
scenario of the South Railroad Project Feasibility Study and timing
of the Feasibility Study conference call. Investors, media and the
public are invited to listen to the conference call.
Jason Attew, President and CEO, commented, “The
imminent release of the South Railroad Project Feasibility Study is
an important milestone for Gold Standard to achieve our goal of
becoming the low-cost junior producer of choice in Nevada. Final
trade-off study analysis completed by our technical team and
consultants indicates that a processing scenario of run-of-mine
only (“ROM Only”) heap leaching maximizes the value and returns of
the project and will be run as the base case in our Feasibility
Study (versus the high-pressure grinding rollers (“HPGR”) crushing
circuit case). Additional benefits of the ROM Only processing
scenario include higher free cash flow over the first five years of
operations and a faster payback of initial capital, allowing us to
focus on exploration programs targeting the expansion of oxide and
sulphide mineralization across our +21,000 hectare property package
with a stronger pro-forma balance sheet.”
- Conference call and webcast:
Thursday, February 24, 2022, at 10:00 pm PT.
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Toll-free in
U.S. and Canada: |
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+1 (800)
319-4610 |
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All other callers: |
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+1 (604) 638-5340 |
Webcast:
https://services.choruscall.ca/links/goldstandard20220224.html |
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- The conference
call will be archived and available on our website. Audio replay
will be available for two weeks by calling:
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Toll-free in
U.S. and Canada: |
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+1 (855)
669-9658, replay code 1857 |
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All other callers: |
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+1 (604) 674-8052, replay code 1857 |
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About Gold Standard
Gold Standard is developing the South Railroad
Project, an open pit, heap leach gold project located in Elko
County, Nevada. The project is part of a +21,000 hectare land
package on the Carlin Trend, and is 100% owned or controlled by
Gold Standard. The goal of the Company is to become the low-cost
junior producer of choice in Nevada, one of the premier mining
jurisdictions in the world.
Cautionary Note Regarding
Forward-Looking Statements
This news release contains forward-looking
statements, which relate to future events or future performance.
All statements, other than statements of historical fact, included
herein including, without limitation, statements about the
potential financing and construction of the South Railroad Project
(“SRP”), and becoming a low-cost gold producer are forward looking
statements. Such forward-looking statements reflect management’s
current beliefs and are based on assumptions made by and
information currently available to the Company, including that the
Company will be successful in the financing and construction of the
SRP. By their nature, forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future
events, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. These risks, uncertainties and other
factors include, among others: that the Company may not be
successful in financing and constructing the SRP; that the SRP may
never be placed into production; global financial conditions and
volatility of capital markets, uncertainty regarding the
availability of additional capital, fluctuations in commodity
prices; and the additional risks identified in our filings with
Canadian securities regulators on SEDAR in Canada (available at
www.sedar.com) and with the SEC on EDGAR (available at
www.sec.gov/edgar.shtml). 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.
For further information
contact:Michael McDonaldVice President, Corporate
Development & Investor RelationsPhone: 1-604-687-2766E-Mail:
info@goldstandardv.com
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