Jan 17, 2011
Gold Standard Ventures acquired the Railroad District in 2009, and is now in the process of applying modern-day exploration techniques and models to discovering new gold deposits in this target-rich District. Carlin-style deposits are in evidence with about 150 thousand ounces of gold at 2+grams grade discovered from surface outcroppings and limited, previous shallow drilling. Targets below 400 to 500 feet remain undrilled and many targets obscured by structural complexity and cover have yet to be drilled. Gold Standard Ventures has identified several new target opportunities and is in the process of assessing these targets with both reverse circulation and core drilling.