Gold Standard Ventures Reports Drill Results From Railroad Project in Nevada; Shares Plunge 26%

By Staff,

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Gold Standard Ventures Corp. ( GSV ) is down 26.3% at $1.32, but above the day's low of $1.22 after the company today released new drill results from the North Bullion Fault Zone (NBFZ) target at its 100% owned Railroad Project.

GSV said three holes have been completed with finalized assays: RR12-04, 05, and 07. Two additional holes were lost above the target zones: RR12-03 and RR12-06. It said the rock package just above the target zone in the NBFZ is commonly the most difficult to drill because it is often comprised of altered, but not healed, very broken rock with high pressure artesian water flow. Another three holes have been completed for which assays are awaited.

GSV trades in a 52-week range of $0.63 - $3.05. Shares have fallen 54% in the last 12 months.

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This article appears in: Investing Commodities
Referenced Stocks: GSV

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