Mr. Jonathan Awde reports

GOLD STANDARD CONTINUES TO CONFIRM HISTORICAL RESULTS AND EXPAND GOLD ZONES AT PINION

Gold Standard Ventures Corp. today released assay results of the next five holes from the Pinion phase 1 drilling program at its 100-per-cent-owned/-controlled Railroad-Pinion project in Nevada's Carlin trend. These results continue to meet three key objectives of the drill program: verifying historical drill data, expanding the known limits of the gold mineralization and demonstrating the predictability of GSV's new geological model.

Drilling highlights include:

• PIN14-06, a core hole in the North zone, returned three unique zones of gold mineralization including 20.7 metres of 1.78 grams per tonne gold.
• PIN14-07, a 35-metre southeasterly RC step out from SB-073 (18.3 metres of 1.64 grams per tonne gold), returned 12.2 metres of 1.23 grams per tonne gold.
• PIN14-08, a core hole in the Main zone, returned 36.6 metres of 1.23 grams per tonne gold with a higher-grade interval of 5.0 metres of 5.62 grams per tonne gold. The hole successfully twinned and verified results from historical RC hole TC-008 (42.6 metres of 1.13 grams per tonne gold).
• PIN14-09, an RC infill hole between historic RC holes TCX-017 (9.1 metres of 0.21 gram per tonne gold) and SB-123 (9.1 metres of 1.00 gram per tonne gold), intersected 15.2 metres of 0.42 gram per tonne gold.
• PIN14-11, an RC hole in the Main zone, intersected 65.5 metres of 0.90 gram per tonne gold, including 13.7 metres of 2.51 grams per tonne gold.

The phase 1 program, consisting of 13 vertical drill holes, has been completed. Assays are pending for holes PIN14-10, -12 and -13. In addition to the objectives noted above, the program will collect material for density and metallurgical testing in advance of an initial National Instrument 43-101 resource estimation expected in August.

Key observations:

• The targeted multilithic, dissolution-collapse breccia host was intersected in all five drill holes. Gold mineralization is continuous and widespread within this highly permeable, silicified and oxidized breccia, which is favourably sandwiched between relatively impermeable silty micrite of the overlying Mississippian Tripon Pass formation and thick-bedded calcarenite of the underlying Devil's Gate formation.
• Gold-bearing intercepts in PIN14-06 and PIN14-11 confirm additional, vertically continuous zones of mineralization that include higher-grade intervals exceeding 2.0 g/t Au.
• Gold-bearing intercepts in PIN14-07 and PIN14-09 expanded the lateral extent of the breccia-hosted gold zone and demonstrate the upside exploration potential for continuous gold mineralization between the North and Main zones. This area between the zones is characterized by a limited number of widely spaced historic drill holes that tested the multilithic, dissolution-collapse breccia host.

Drill results are tabulated.

                  Intercept   Thickness       Grade
Drill hole              (m)         (m)    (g/t Au)

PIN14-06       11.6 -- 18.9         7.3        0.22
               40.2 -- 60.9        20.7        1.78
               52.4 -- 57.0         4.6        5.93
               67.4 -- 72.0         4.6        0.58
PIN14-07     140.2 -- 152.4        12.2        1.23
PIN14-08       10.7 -- 47.3        36.6        1.23
               38.6 -- 43.6         5.0        5.62
PIN14-09     138.7 -- 153.9        15.2        0.42
PIN14-11       83.8 -- 88.4         4.6        0.51
             108.2 -- 173.7        65.5        0.90
             112.8 -- 126.5        13.7        2.51
             207.3 -- 210.4         3.1        0.40

Gold intervals reported in this table were 
calculated using a 0.20-gram-per-tonne-gold 
cut-off. Weighted averaging has been used to 
calculate all reported intervals. True widths are 
estimated at 85 per cent of drilled thicknesses.

Mac Jackson, Gold Standard's vice-president of exploration, stated: "We are very pleased with our recent drill results and the exploration potential we are recognizing through ongoing geologic work at Pinion. Results from these five holes indicate that the collapse breccia-hosted oxide gold zone at Pinion is very widespread and continuous, with the system open in several directions. The intercepts in PIN14-06 and PIN14-11 demonstrate that breccia development and mineralization thicken and strengthen adjacent to high-angle fault zones and fault intersections. Gravity, mapping, geochemical sampling, relogging and cross-section interpretation have identified additional targets that will be tested in phase 2 drilling at Pinion."

Sampling methodology, chain of custody, quality control and quality assurance

All sampling was conducted under the supervision of the company's project geologists, and the chain of custody from the drill to the sample preparation facility was continuously monitored. Core was cut at the company's facility in Elko, Nev., with one-half was sent to the lab for analysis and the other half retained in the original core box. A blank, quarter-core duplicate or certified reference material was inserted approximately every 10th sample. The samples are delivered to ALS Minerals' preparation facility in Elko, Nev. The samples are crushed and pulverized, and sample pulps are shipped to ALS Minerals' certified laboratory in Vancouver. Pulps are digested and analyzed for gold using fire assay fusion and an atomic absorption spectroscopy (AAS) finish on a 30-gram split. All other elements are determined by ICP analysis. Data verification of the analytical results includes a statistical analysis of the duplicates, standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results.

The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by Steven Koehler, Gold Standard's manager of projects, BSc (geology), CPG-10216, a qualified person as defined by NI 43-101 -- Standards of Disclosure for Mineral Projects.

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