Mr. Jonathan Awde reports

GOLD STANDARD'S SOIL GEOCHEMISTRY PROGRAM IDENTIFIES SIX NEW TARGETS ADJACENT TO THE PINION DEPOSIT, CARLIN TREND, NEVADA

Gold Standard Ventures Corp. has released assay results of a 4,248-sample soil geochemistry program systematically covering 10 square kilometres at its 100-per-cent-owned Railroad-Pinion project on Nevada's Carlin trend. Geochemical results demonstrate that the Pinion gold system is open to the northwest and southeast, and that additional new target areas worthy of follow-up exploration and drilling exist proximal to the Pinion deposit.

Historic soils collected over the northern half of the Pinion deposit show a positive correlation between gold (maximum value of 340 parts per billion) and arsenic (maximum value of 382 parts per million) in surface soils and drilling. Based on this pattern, soils are viewed as an effective tool to identify additional exploration targets. Gold Standard's soil program was designed to provide systematic geochemical coverage over the entire area considered to be most prospective for near-surface oxide gold targets at Pinion, and to follow up on areas of favourable alteration and structure identified by 1:6,000 geologic mapping west of the known Pinion deposit. Samples were collected on a square grid at 50-metre spacing. Several areas with elevated concentrations of gold and Carlin pathfinder elements (arsenic, mercury, antimony and thallium) were identified by the program. Results for gold and arsenic are summarized below.

Mac Jackson, Gold Standard's vice-president of exploration, stated: "The results of last fall's soil survey demonstrate the large and growing areal extent of the gold system moving outward from the Pinion deposit along the southern edge of the Railroad window. Most of the soil anomalies occur within Chainman sandstone, higher in the stratigraphic section than the top of the Devils Gate breccia which is the host at Pinion. These anomalies represent leakage of gold-bearing hydrothermal fluids upwards along faults with increased focus of the gold system at fault intersections. There is excellent potential for the discovery of new deposits hidden beneath Chainman sandstone all along the southern edge of the Railroad window, and we plan to begin to test these targets this spring. Increasingly, we see our work revealing the Pinion deposit as just one expression of a larger and more powerful gold system with regional implications."

Key observations:

• In Section 21, northwest of Pinion, soil geochemistry identified a 1,400-metre-long, west-northwest-striking corridor of elevated gold (values ranging from one to 339 parts per billion) and arsenic (values ranging from 10 to 595 parts per million). The soil anomaly correlates with surface alteration developed in multilithic collapse breccia, similar to altered and gold-bearing outcrops in the Pinion main zone. Elevated gold and arsenic values are elongated in a west-northwest orientation, coincident with strike extensions of the Pinion Main zone and South faults. Within this anomaly, two new undrilled targets have been identified with elevated gold and arsenic: (1) a prominent gravity low overlapping a northeast/west-northwest structural intersection; and (2) the intersection of the South fault with a north-striking fault corridor, south of the LT prospect.
• In Section 27 at Southeast Pinion, a prominent gold-arsenic anomaly occurs where west-northwest-striking faults intersect the north-striking Bullion fault corridor. At this location gold in soils (values ranging from one to 81 parts per billion), arsenic in soils (values ranging from 10 to 255 parts per million), and mapped silicification and barite veining at surface occur in the immediate footwall of the BFC, a geologic setting similar to the high-grade North Bullion deposit 10 kilometres to the north. Additional drilling is planned in this area.
• In the southeastern quarter of Section 20, north- and northwest-trending gold (values ranging from less than one to 325 parts per billion) and arsenic (values ranging from 10 to 2,670 parts per million) anomalies are coincident with silicified, quartz and dolomite veined breccias at the Irene prospect. Surface mapping and the soil geochemistry indicate this area, known historically as the Irene prospect, is larger than previously described by past exploration.
• A 700-metre-by-750-metre arsenic (values ranging from five to 254 parts per million) anomaly spans the Section 28 and Section 29 boundary at the JR Butte prospect, two kilometres west-southwest of Pinion. Gold values ranging from less than one to 97 parts per billion occur within the broader arsenic halo. The prospect area is characterized by hydrothermal alteration and a prominent N30W-striking graben.
• A low-level gold anomaly with values ranging from less than one to 33 parts per billion is located in the southern portion of Section 29. This anomaly is associated with Tertiary intrusive rocks that cut Woodruff siliciclastic rocks. Elevated gold was not closed off by this survey and remains open to the south and west.

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 field to the sample preparation facility was continuously monitored. A blank or certified reference material was inserted approximately every 40 samples. The samples are delivered to ALS Minerals preparation facility in Elko, Nev., where the samples are crushed, screened and pulverized. Sample pulps are shipped to ALS Minerals certified laboratory in Vancouver. Pulps are digested and analyzed for gold using fire assay fusion and an ICP-AES finish on a 30-gram split. All other elements are determined by a two-acid ICP analysis at ALS Minerals in Vancouver. Data verification of the analytical results includes a statistical analysis of the duplicates, standards and blanks that must pass certain parameters for acceptance to insure accurate and verifiable results.

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

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