Mr. Jason Attew reports

GOLD STANDARD VENTURES PROVIDES DARK STAR EXPLORATION UPDATE

Gold Standard Ventures Corp. has released drill results from 14 reverse circulation/sonic holes and five core holes at the Dark Star oxide gold deposit. Drill holes DR20-01 through DR20-09 were previously released on Nov. 18, 2020.

Key exploration highlights:

• Drill holes DR20-10 through DR20-14 tested for extensions of bedrock mineralization at Dark Star Main. The oxide mineralization results reported in DR20-12 (57.9 metres at 0.68 gram per tonne gold) and DR20-14 (29.0 metres at 0.56 gram per tonne) continue to demonstrate that mineralization remains open to the east at Dark Star Main.

Jason Attew, president and chief executive officer, commented: "Dark Star Main remains open to the east and provides an opportunity to incrementally grow the resource base with further drilling. Any additional ounces delineated at Dark Star would be economically attractive given mineralization starts at surface and is planned to be mined early in the project life."

Development highlights:

• Drill holes DC20-01 through DC20-05 were completed as geotechnical core holes designed to assess pit wall stability and design. DC20-05 (11.2 metres of 1.77 grams per tonne gold) did intersect oxide mineralization along the West fault.
• Drill holes DR20-15 through DR20-23 and SS21-13 through SS21-14 were completed on a zone of gravels east of the Dark Star Main deposit. The gold grades intersected represent an eroded portion of the Dark Star Main deposit and are currently being evaluated for utilization/suitability as overliner on the proposed heap leach pad.

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

All Gold Standard sampling was conducted under the supervision of the company's senior geologists and the chain of custody from the project to the sample preparation facility was continuously monitored. A blank, certified reference material or rig duplicate was inserted approximately every 10th sample. Samples were delivered to Bureau Veritas Mineral Laboratories' preparation facility in either Sparks, Nev., or Hermosillo, Mexico, where they were crushed and pulverized. Resulting sample pulps were digested and analyzed for gold using fire assay fusion and an atomic absorption spectroscopy (AAS) finish on a 30-gram split. Overlimit gold assays were determined using a fire assay fusion with a gravimetric finish on a 30-gram split. All other elements were determined by ICP in Vancouver, B.C. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results.

Drill hole deviation was measured by gyroscopic downhole surveys that were completed on all holes by International Directional Services of Elko, Nev. Final drill collar locations are surveyed by differential GPS (Global Positioning System) by Apex Surveying LLC of Spring Creek, Nev.

All third party laboratories and service providers used or retained in the analysis of the samples are independent of Gold Standard.

Qualified person

Donald Harris, general manager, is the company's qualified person as defined by National Instrument 43-101, and he has reviewed and approved the technical contents of this news release.

About Gold Standard Ventures Corp.

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 plus-21,000-hectare land package on the Carlin trend and is 100 per cent 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.

We seek Safe Harbor.