Gold Standard Ventures (
) is up 12.8% at $1.67, but off a day's high of $1.75, after the
company released additional information on the leases entered into
with various land holders encompassing approximately 4,128 net
mineral acres of land adjacent to the company's flagship Railroad
gold project in Elko County, Nevada.
GSV has the exclusive right to explore, mine and develop varying
percentage holdings in portions of what the company calls the
'South Railroad Project.' It also controls approximately 32% of
strategic sections in the Pinon district which the company
estimates give it control of approximately 32% of the historic
South Bullion and Trout Creek deposits. The remaining interests in
these lands are held by others including Manhattan Mining Company
on behalf of Royal Standard Minerals Inc., it says.
GSV trades in a 52-week range of $0.63 - $3.05. Shares have
fallen 40% in the last 12 months.
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