GSV

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES 


Gold Standard Ventures Corp. (TSX VENTURE:GSV)(NYSE MKT:GSV) ("Gold Standard",
"GSV" or the "Company") announced today that it has entered into a binding
letter of intent ("LOI") with Scorpio Gold Corp ("Scorpio") to acquire the
remaining portion of the highly prospective Pinion Gold Deposit ("Pinion") which
is contiguous to the south of the Company's flagship Railroad Gold Project in
Elko County, Nevada. The acquisition of the remaining percentages of Pinion
completes Gold Standard's efforts to consolidate the greater Railroad District
under single ownership for the first time in its history. 


"In our view, acquiring the Pinion Deposit and completing the Railroad land
position puts us firmly in control of one of the premier undeveloped land
packages on the Carlin Trend. Our growing North Bullion Deposit exhibits the
characteristics of a classical, large, higher-grade North Carlin-style
occurrence," stated Jonathan Awde, President and CEO of Gold Standard. "Pinion
provides us with a very different development option...a near-surface oxide
deposit which would typically have a shorter path to development as well as
lower capital and operating costs. We think this is a strategically important
addition to our asset base in the current environment."


Upfront consideration for the acquisition will consist of cash payments of
C$6,000,000 and 5,500,000 GSV common shares. Concurrent with the acquisition,
Gold Standard has engaged Macquarie Capital Markets Canada Ltd. as lead agent
and lead arranger to raise, by way of a best efforts private placement, a
minimum C$8 million (the "Offering"), subject to an agent's option to increase
the Offering by up to 15% until 48 hours prior to closing, to finance the
acquisition of Pinion and for working capital and general corporate purposes.
The Offering will be subject to certain conditions including the receipt of all
necessary approvals including the approval of the TSX-V and the NYSE MKT.
Medalist Capital Ltd. is acting as a financial advisor to the Company in
connection with the acquisition.


Acquisition Highlights:



--  Strengthens Gold Standard's position as a leading Nevada focused
    exploration and development Company with a pre-eminent land package in
    the Carlin Trend which remains the world's most prolific producer of
    gold. 
--  Reduces shareholder risk by adding a second advanced stage exploration
    opportunity. 
--  Establishes additional near term catalysts including drilling in the
    spring at Pinion and the expected completion of initial NI 43-101
    resource estimates in 2014 at both the North Bullion and Pinion
    deposits. 



Pinion Highlights:



--  The Pinion deposit hosts a historical resource estimated by Cyprus in
    1995 and reported by DeMatties & Munroe in a technical report dated
    October, 2002: 

----------------------------------------------------------------------------
Cyprus categories                          Proven     Probable      Possible
----------------------------------------------------------------------------
CIM definitions (as                                                         
 considered by DeMatties &                                                  
 Munroe)                     Measured + Indicated    Indicated      Inferred
----------------------------------------------------------------------------
Tonnage                             11.18 million 6.92 million 12.54 million
----------------------------------------------------------------------------
Grade                                   0.026 opt    0.026 opt     0.026 opt
----------------------------------------------------------------------------
Contained Ounces                          295,280      180,103       366,371
----------------------------------------------------------------------------



A qualified person has not done sufficient work to classify the historical
resource as current mineral resources or mineral reserves and Gold Standard is
not treating the historical estimate as current mineral resources or mineral
reserves. See "Historical Estimates" below.




--  The Pinion deposit is reportedly entirely oxidized in character and the
    northern portion of the deposit visibly outcrops. 
--  The Pinion gold deposit occurs within the southern portion of the
    Bullion Fault Corridor which is the same structural feature that
    controls Gold Standard's North Bullion discovery. 
--  Historical and geologic understanding indicates the Pinion deposit is
    similar in character to Newmont's currently in production Emigrant mine
    located about 10 miles (16 kilometers) to the north. 
    
    --  Similar to the Emigrant deposit, the Pinion deposit gold
        mineralization occurs in an oxidized collapse-style breccia
        developed along the Webb mudstone - Devils Gate limestone contact. 
    --  Both deposits have similar gold grades of close to a gram per tonne,
        and silver to gold ratios of about 7 to 1. 
    --  Both deposits are similar with respect to gold dominantly occurring
        along oxidized fracture coatings; ores at Emigrant are being
        processed by run-of-mine heap leaching. 
        
--  Consolidation of Railroad/Pinion provides GSV with effective control of
    contiguous mineral rights covering 35 square miles (9065 hectares)
    approximately half of which consists of private mineral and surface
    rights, and an additional four sections of surface only rights, in total
    representing the entire fourth window within the Carlin Trend. 



"The acquisition of the Pinion deposit and surrounding area represents an
important Gold Standard milestone. The Carlin Trend has four erosional windows
where gold-bearing stratigraphy comes close enough to surface to make
exploration and production more economically feasible. Railroad/Pinion is the
last of these windows to be developed. This deal gives us control of all the
discovery opportunities and future mining development in this fourth window. We
are very confident that a modest drill program of 40 to 80 shallow holes added
to the current total of more than 330 holes will enable a Qualified Person to
generate a NI 43-101 compliant resource estimate at Pinion" stated David
Mathewson, Vice-President of Exploration for Gold Standard.


GSV acquired an approximate 51% ownership of the Pinion District last year from
private interests, as well as valuable surface and water rights which are
important to the Pinion deposit development (See news release dated November 13,
2012). "We have targeted the Pinion District for many years based on the
previous work by Newmont and others. Completing the assembly of this much
sought-after land position is, in our view, a singularly valuable contribution
to shareholder value," stated Jonathan Awde.


Transaction Terms

Total consideration payable by Gold Standard consists of: 



1.  An upfront $250,000 non-refundable deposit (paid); 
2.  A cash payment of $5,750,000 payable upon closing; 
3.  Share consideration of 5,500,000 GSV common shares payable upon closing
    (subject to an orderly sale agreement and an agreement requiring Scorpio
    to vote its GSV shares as recommended by GSV management for a period of
    two years); 
4.  A cash payment of $2,500,000 payable one year from closing (secured by
    Pinion); 
5.  Upon delivering a NI 43-101-compliant resource exceeding 1 million
    ounces of gold at the Pinion deposit, Gold Standard will issue to
    Scorpio a further 1,250,000 common shares; 
6.  Additional cash consideration of $1.5 million to $3 million will be
    payable by Gold Standard if the Company enters into a transaction
    whereby it sells a majority of the Company for consideration exceeding
    $100 million. 



The acquisition of Pinion is expected to close on or before March 14, 2014 and
is subject to certain conditions including, but not limited to, the completion
of satisfactory due diligence and receipt of all necessary approvals, including
the approval of the TSX-V and the NYSE MKT. All common shares of the Company
issued in connection with the purchase will be subject to a hold period in
Canada of four months and one day from the date of issuance as well as
applicable hold periods in the United States.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available. This news release does not
constitute an offer to sell or the solicitation of any offer to buy nor shall
there be any sale of the securities in any state in which such offer,
solicitation or sale would be unlawful.


The scientific and technical content and interpretations contained in this news
release have been reviewed and approved by Steven R. Koehler, Gold Standard's
Manager of Projects, BSc. Geology and CPG-10216, a Qualified Person as defined
by NI 43-101, Standards of Disclosure for Mineral Projects.


ABOUT GOLD STANDARD VENTURES CORP. - Gold Standard Ventures is focused on the
acquisition and exploration of gold projects in North Central Nevada. Gold
Standard currently holds a portfolio of projects totaling approximately 40,000
acres of prospective ground within North Central Nevada and the Walker Lane of
which 16,748 acres comprise the flagship Railroad Gold Project on the productive
Carlin Gold Trend.


Neither the TSXV nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) nor the NYSE MKT accepts
responsibility for the adequacy or accuracy of this news release.


Historical Estimates

The historical resource estimate for the Pinion deposit reported herein was
extracted from a technical report titled "An Evaluation of the Pinon Gold
Property, Elko County, Nevada, USA" dated October 2002 by DeMatties & Munroe,
Geological-Geophysical Consultants, relying upon manual mineral resource
estimates completed by Cyprus (in-house) in 1995. As such estimates are derived
from data assembled prior to the introduction of NI 43-101 and, to GSV's
knowledge, a "Qualified Person" has not done sufficient work to classify such
historical estimate as mineral resources or reserves under NI 43-101, GSV is not
treating the historical estimates as current mineral resources or mineral
reserves, but as a guide to future exploration. As of the date hereof, GSV's
mineral projects have no known mineral resources or reserves. 


CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 

This news release contains forward-looking statements, which relate to future
events or future performance and reflect management's current expectations and
assumptions. Such forward-looking statements reflect management's current
beliefs and are based on assumptions made by and information currently available
to the Company. All statements, other than statements of historical fact,
included herein including, without limitation, statements about our proposed
financing are forward looking statements. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or other future
events, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements.
Specifically, the letter of intent with Scorpio is subject to numerous
conditions precedent to closing including completion of a satisfactory due
diligence and title review by the Company, regulatory approvals and the
completion of the Offering. There are no assurances that the Company will be
successful in completing the Offering or the acquisition of Pinion on the terms
and conditions set out herein or at all. Additional risk factors affecting the
Company include, among others: the results from our exploration programs, global
financial conditions and volatility of capital markets, uncertainty regarding
the availability of additional capital, fluctuations in commodity prices; title
matters; and the additional risks identified in our filings with Canadian
securities regulators on SEDAR in Canada (available at www.sedar.com) and with
the SEC on EDGAR (available at www.sec.gov/edgar.shtml). In addition, the
presence of gold deposits on properties adjacent to or in close proximity with
the Company's properties is not necessarily indicative of the gold
mineralization on the Company's properties. These forward-looking statements are
made as of the date hereof and, except as required under applicable securities
legislation, the Company does not assume any obligation to update or revise them
to reflect new events or circumstances.


On behalf of the Board of Directors of Gold Standard,

Jonathan Awde, President and Director

FOR FURTHER INFORMATION PLEASE CONTACT: 
Gold Standard Ventures Corp.
Jonathan Awde
President
604-669-5702
info@goldstandardv.com
www.goldstandardv.com

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