VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 1, 2017) - Gold Standard Ventures Corp. (TSX VENTURE:GSV)(NYSE MKT:GSV) ("Gold Standard" or the "Company") announced today that it has appointed Glenn Kumoi as Vice President General Counsel and Corporate Secretary.
Jonathan Awde, Gold Standard's President and CEO noted that "Glenn strengthens our management team's legal and administrative expertise at a time when the Company is advancing its plans to begin defining the economics of its flagship Pinion-Railroad Gold Project in the Carlin Trend of Nevada. He is an executive leader who has extensive experience in the areas of financing, project development, mergers and acquisitions, corporate governance and legal compliance as an officer of three other public companies prior to his appointment to Gold Standard. We are very pleased that he has accepted our invitation to join the Company.
Richard Silas will continue to serve as a Board member of the Company but has stepped down as Corporate Secretary. We would like to thank Richard for his contribution during his years of service as Corporate Secretary and look forward our continuing relationship with him."
The Company also announced today that pursuant to its stock option incentive plan, the Company granted Mr. Kumoi incentive stock options to purchase 325,000 common shares of the company at yesterday's closing price for a period of 5 years.
The stock options are subject to the terms of the Company's stock option plan and regulatory approval.
ABOUT GOLD STANDARD VENTURES - Gold Standard is an advanced stage gold exploration company focused on district scale discoveries on its 208 square km. Railroad-Pinion Gold Project, located within the prolific Carlin Trend. The Company has successfully consolidated the southern end of the Carlin Trend by patiently assembling a 208 sq. km. (80 sq. mi.) land position containing four gold deposits, two of them discovered by Gold Standard. The 2014 Pinion and Dark Star gold deposit acquisitions offer Gold Standard a potential near-term development option and further consolidates the Company's premier land package on the Carlin Trend. The Pinion deposit now has an NI43-101 compliant resource estimate consisting of an Indicated Mineral Resource of 31.61 million tonnes grading 0.62 grams per tonne (g/t) gold (Au), totaling 630,300 ounces of gold and an Inferred Resource of 61.08 million tonnes grading 0.55 g/t Au, totaling 1,081,300 ounces of gold, using a cut-off grade of 0.14 g/t Au (announced March 15, 2016). The Dark Star deposit, 2.1 km to the east of Pinion, has a NI43-101 compliant resource estimate consisting of an Inferred Resource of 23.11 million tonnes grading 0.51 g/t Au, totaling 375,000 ounces of gold, using a cut-off grade of 0.14 g/t Au (announced March 3, 2015).