GOLD STANDARD FILES UPDATED SOUTH RAILROAD PRE-FEASIBILITY STUDY
Gold Standard Ventures Corporation (Canada) (GSV)
NASDAQ:AMEX Investor Relations:
goldstandardv.com/investors/presentation
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia, March 24, 2020 (GLOBE NEWSWIRE) -- Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) has filed its updated technical report entitled “South Railroad Project NI 43-101 Technical Report, Updated Preliminary Feasibility Study, Elko County, Nevada” (“Updated PFS”) for its 100% owned/controlled Dark Star and Pinion oxide gold heap leach project. The first South Railroad PFS (see September 10, 2019 news release) recommended a series of trade-off and optimization studies which have been completed and incorporated into the Updated PFS (see February 18, 2020 news release). The trade-off studies enhanced project economics and reduced project risks by lowering initial capital costs from $194M to $132.9M, increasing the after-tax IRR from 27.8% to 40%, and increasing the after-tax NPV from $241.5M to $265.0M. The Updated PFS was prepared in accordance with National Instrument NI 43-101 Standards of Disclosure for Mine
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