PRECIOUS METALS

Gold Standard's Dark Star continues to shine

Gold Standard Ventures issues more Dark Star drilling results

Staff Reporter

This article is 5 years old. Images might not display.

In the northern portion of Dark Star, two RC step-out holes intersected vertically-continuous zones of oxidised gold mineralisation with highlights including 77.7m grading 0.9 grams a tonne of gold.

The 2018 Dark Star development programme revealed a robust, vertically and laterally-extensive oxide gold system on the north end of the deposit that transitions at depth into higher-grade sulphide gold mineralisation.

The initial 2019 drilling programme at Dark Star is 75% complete and is designed to infill the remaining gold resource on 30m centres for conversion to measured and indicated resource categories. It will also test for mineralisation extensions that will be followed up with another drilling programme later in the year.

The Pinion deposit has an indicated resource estimate of 31.61 million tonnes grading 0.62g/t for 630,300oz, and an inferred 61.08Mt grading 0.55g/t for 1.1Moz.

Dark Star, 2.1km east of Pinion, has an indicated resource of 15.38Mt grading 0.54g/t for 265,100oz and an inferred resource of 17.05Mt grading 1.31g/t for 715,800oz. The North Bullion deposit, 7km north of Pinion, has an indicated resource of 2.92Mt grading 0.96g/t for 90,100oz and an inferred resource of 10.97Mt grading 2.28g/t for 805,800oz.

Gold Standard's shares (TSX:GSV) closed down 4c on the day at C$1.63.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.