Gold Standard Announces New Board Member and Manager of Projects
29 Marzo 2012 - 2:00PM
Marketwired Canada
Gold Standard Ventures Corp. ("Gold Standard") (TSX VENTURE:GV)(OTCQX:GDVXF)
(www.goldstandardv.com) reported that Mr. David Cole, M.S. Geology, has joined
the Board Of Directors of the Company and Mr. Steven Koehler, B.Sc. Geology,
CPG, has joined the Nevada exploration team as Manager of Projects.
Mr. Cole has over 27 years of mining and mineral exploration industry
experience. In December 2003, Mr. Cole founded Eurasian Minerals Inc. as a
public company, which has grown to a market capitalization of $100 million.
Eurasian Minerals holds over 100 exploration projects in 11 countries.
Just after founding Eurasian Minerals Inc., Mr. Cole also co-founded Standard
Uranium Corporation, a public uranium exploration and development company which
was later sold to Energy Metals Corporation.
Prior to founding Eurasian Minerals and Standard Uranium Corp, Mr. Cole worked
for Newmont Mining Corporation where he held a number of management and senior
geologic positions, gaining extensive global business and technical experience.
Mr. Cole's success as part of Newmont's exploration team includes contributions
at the world class Carlin Trend (Nevada, USA), Yanacocha (Peru), and Minihasa
(Indonesia) mines. Subsequently, he established and managed Newmont's
exploration programs in Turkey.
Mr. Cole earned his Masters Degree from Colorado State University in 1991 and is
a member of several professional organizations and local and international
societies.
In addition to his duties as President and CEO of a rapidly growing public
company, Mr. Cole manages a private Merchant Banking portfolio focused on early
stage natural resource development.
Mr. Koehler over his 22 year career has held senior level exploration positions
with Newmont, Placer Dome and Miranda Gold, exploring for gold on the Carlin and
Cortez Trends of northern Nevada. During this time, he participated in gold
discoveries at Leeville, Four Corners, Hardie Footwall Extension, Pete
underground and Cortez Hills. Most recently as Chief Geologist of Evolving Gold,
Steve led the Nevada exploration programs which included the expansion of the
Arch gold system on the Carlin Trend. He has a keen eye for recognizing geologic
patterns, synthesizing exploration data, and an interest in incorporating oil
exploration techniques into the search for sediment-hosted gold. Earlier in his
career, Steve was directly responsible for discovering a rare-metal pegmatite
district in northern Wisconsin. Steve earned a Bachelor of Science degree in
geology from the University of Wisconsin-River Falls and is an AIPG Certified
Professional Geologist.
Jonathan Awde, President and CEO of Gold Standard Ventures stated; "We are very
pleased to announce the appointments of David Cole and Steven Koehler to our
team. Mr. Cole brings a wealth of exploration and company management knowledge
to the board and strengthens its independence. Mr. Koehler's exploration prowess
in North Central Nevada is highly complementary to our ongoing efforts to build
Gold Standard into a world class mineral exploration company".
The Company also announces that, pursuant to its stock option incentive plan, it
has granted director incentive stock options to purchase 150,000 common shares
of the company at today'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 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 26,000
acres of prospective ground within North Central Nevada and the Walker Lane of
which 18,130 acres comprise the flagship Railroad Gold Project on the productive
Carlin Gold Trend.
On behalf of the Board of Directors of Gold Standard,
Jonathan Awde, President and Director
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. Investors are cautioned that these forward looking statements
are neither promises nor guarantees, and are subject to risks and uncertainties
that may cause future results to differ materially from those expected. 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.
All of the forward-looking statements made in this press release are qualified
by these cautionary statements and by those made in our filings with SEDAR in
Canada (available at www.sedar.com) and with U.S. Securities and Exchange
Commission on EDGAR (available at www.sec.gov/edgar.shtml), and in other reports
on our website at www.goldstandardv.com at Investors Information.
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