Mr. Jonathan Awde reports

GOLD STANDARD FILES SOUTH RAILROAD PRE-FEASIBILITY STUDY

Gold Standard Ventures Corp. has filed its technical report, entitled, "South Railroad Project NI 43-101 Technical Report, Preliminary Feasibility Study, Carlin Trend, Nevada, USA," for its 100-per-cent-owned/controlled Dark Star and Pinion oxide gold heap-leach project. The company previously released the results of the prefeasibility study (Sept. 10, 2019), which results demonstrate robust economics with rapid payback and high rate of returns. The prefeasibility study was prepared in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, by M3 Engineering & Technology Corp. and has been filed on SEDAR as well as the company's website. Highlights of the prefeasibility study are provided in the attached table.

The prefeasibility study was conducted using assumed metal prices of $1,400 per ounce gold and $17.11 per ounce silver. The mineral reserve estimate that provides the basis for the prefeasibility study was conducted at assumed metal prices of $1,275 per ounce gold and $15.58 per ounce silver. Through inadvertence, the references to the base gold price of $1,250 per ounce for the mineral reserve estimates at Pinion and Dark Star in the prefeasibility study news release (Sept. 10, 2019) should have instead been a gold price of $1,275 per ounce. However, this did not affect any of the other figures in that news release.

The company is finalizing work and reports required for submission of permit applications for proceeding with the project. Submission of the documents to the Bureau of Land Management is expected during the first quarter of 2020.

About Gold Standard Ventures Corp.

Gold Standard Ventures is an advanced-stage gold exploration and development company. Gold Standard Ventures is developing South Railroad, an advanced gold and silver open-pit oxide heap-leach project, and continues to focus on district-scale discoveries on the greater Railroad-Pinion project land position.

The prefeasibility study was completed by M3 Engineering & Technology and authored by Dr. Art Ibrado, PE, project manager, and Matthew Sletten, PE, each of whom is an independent qualified person under NI 43-101.

Don Harris, registered member SME (No. 04146776), general manager of Gold Standard, is a qualified person, as defined by NI 43-101, and has reviewed and verified the information contained within this news release.

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