Gold Standard Ventures — Denver Gold Show 2019
37 slides from Gold Standard Ventures's conference presentation, Sep 13, 2019
Slide 1: Exploring Our Vast Land Position On The Carlin Trend, Nevada
Exploring Our Vast Land Position On The CARLIN TREND NEVADA September 15-18 2019 Hyatt Regency Denver, CO NYSEAMERICAN: NYSE AMERICAN:GSV GSV| |TSX: TSX:GSV GSV Dark Star, Pinion & North Bullion GOLD RESOURCES
Slide 2: Forward Looking Statements
Forward Looking Statements TERMS OF USE AND DISCLAIMER – This presentation is being provided for the sole purpose of providing the recipients with background information about Gold Standard Ventures Corp. (“Gold Standard”). Gold Standard has made reasonable efforts to ensure that the information con
Slide 3: Forward Looking Statements Continued
Forward Looking Statements Continued CAUTIONARY NOTE FOR U.S. INVESTORS REGARDING RESERVE AND RESOURCE ESTIMATES -Canadian public disclosure standards, including National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”), differ significantly from the requirements of the S
Slide 4: The GSV Opportunity
The GSV Opportunity Control of 208 km2 on the Carlin Gold Trend World class technical team with the right experience Existing resources and target-rich exploration environment Treasury ~ C$17.7M CDN (August 31, 2019) Market Cap ~ C$369M CDN Major corporate investors o OceanaGold = 14.7%
Slide 5: PFS Highlights
PFS Highlights Total Reserve Ore Tons 47.344 M Tonnes Average Grade 0.82 g/t Au / 4.70 g/t Ag (Pinion) Contained Ounces 1,248,000 Au / 2,705,000 Ag Payable Metal 931,000 Au / 1,040,000 Ag Average Recovery 75% Au / 39% Ag Average Annual Metal Placement 156,000 oz Au / 541,000 oz Ag (Pinion) Average A
Slide 6: Potential Expansion
Potential Expansion GoldStandard VENTURES CORP, Legend 1250 Au pit ———— 1500 Au pit — — = 1700Au pit > 200 GxT 100 - 200 GxT 50 - 100 GxT 25 - 50 GxT 10- 25 GxT 5- 10 GxT (©2019) Microsoll Dark . my! SM GoldStandard VENTURES CORP. South Railroad Project Potential Upside i 0 kilometers
Slide 7: Key Considerations/Opportunities
Key Considerations/Opportunities CONSIDERATIONS OPPORTUNITIES Located in Nevada – a low-risk, supportive mining High probability to extend mine life given jurisdiction current resource base Delivers excellent free cash flow as a result of the very Free cash flow and significant opportunities
Slide 8: Sensitivity to Gold Price
Sensitivity to Gold Price Base +150 Base +100 Base +50 Base Base -50 Base -100 Base -150 Gold Price $ 1,550 $ 1,500 $ 1,450 $ 1,400 $ 1,350 $ 1,300 $ 1,250 Silver Price $ 18.94 $ 18.33 $ 17.72 $ 17.11 $ 16.50 $ 15.89 $ 15.28 Pre Tax Cash Flow ($M) $ 549.499 $ 502.887 $ 456.276 $ 409.665 $ 363.054 $
Slide 9: High Level Overview
High Level Overview Project PFS Optimization $1500 Resource (oz) $1250 Reserve (oz) Au Au Dark Star Oxide 884,000 Proven and Probable 921,000 MI 56,000 Inferred Pinion 364,000 544,000 MI 224,000 Inferred Jasperoid Wash 0 111,000 Inferred Pod Oxides 90,100 Indicated 46,600 Inferred Total Contained Au
Slide 10: General Site Arrangement – PFS Sept 2019
General Site Arrangement – PFS Sept 2019 Process Facility Dark Star Pit Heap Leach Pinion Waste Dump Crusher Dark Star Pinion Pit East Dump Dark Star West Dump 10
Slide 11: Possible Synergies with Nevada JV
Possible Synergies with Nevada JV Elko Lewis Project Railroad-Pinion Project Gold Standard Ventures Property – Railroad-Pinion N Project & Lewis Project Nevada JV (Barrick/Newmont JV) Boundary 10 km Nevada JV Lands: Barrick= Red & Newmont= Blue NBMG – Major Gold Mines/Prospects in Nevada 13
Slide 12: World Class Mining Jurisdiction, Prolific Gold Mining Belt
World Class Mining Jurisdiction Prolific Gold Mining Belt LongCanyon Nevada LEWIS PROJECT 5.5M oz of gold produced in 2016 > 80% of U.S. gold production1 Numerous >20M oz gold deposits North Bullfrog > 224M oz of gold mined through to 20161 Pro-mining environment & geopolitical stability Mothe
Slide 13: Capitalizing on Market Downturns, Strategic Acquisitions
Capitalizing on Market Downturns Strategic Acquisitions CURRENT PROPERTY POSITION Jasperoid Wash 2018 Total Position: 52,731 acres (208km2) * Partial and controlling interests are both represented 12
Slide 14: The Last Window on the Carlin Trend
The Last Window on the Carlin Trend The Railroad – Pinion Project 208 km2 (53,769 acres, 80 mi.2) previously not consolidated or systematically explored. Oxide-gold resources defined at the Dark Star, Pinion and POD deposits with maiden resource for Jasperoid Wash in progress. The North Bullio
Slide 15: Railroad-Pinion Progress
Railroad-Pinion Progress 2018-2019 (Q1) Program $27.8 Million (US) 435 holes completed for 78,602 meters: 92 exploration holes for 28,105 m (2018) & 343 infill / step out holes for 50,497 m (2018 & 2019) • Development Work o Update resource: Maximize additional ounces by drilling out open minera
Slide 16: GSV Drilling at Railroad–Pinion Project
GSV Drilling at Railroad–Pinion Project 72 holes for 10,960 meters completed in Q1 2019 Exploration 4% - Development 96% 53 holes for 14,950 meters proposed for Q3/Q4 2019 Exploration 72% - Development 28% 80000 GSV Drilling at Railroad - Pinion (m) 70000 68435 60000 50000 Completed ~229,000 m o
Slide 17: An Emerging District
An Emerging District Map Area Emerging New District on the Carlin Trend Multiple Deposits Near Surface Mostly Oxide Mineralization Open Map Area Good Access and Infrastructure 17
Slide 18: Dark Star Oxide Deposit
Dark Star Oxide Deposit EMIGRANT MINE DR18-104 240.8m of 1.70g Au/t DR18-105 DS17-35 DR18-44 DR18-110 230.2m of 1.87g Au/t 237.8m of 2.96g Au/t 137.2m of 2.72g Au/t 109.7m of 1.00g Au/t DC18-09 190.5m of 2.28g Au/t DS17-37 141.8m of 3.32g Au/t DC18-07 229.8m of 2.08g Au/t DS16-08 DR18-43 126.2m of 4
Slide 19: Dark Star Drilling in 2019
Dark Star Drilling in 2019 open Dark Star Upside North Dark Star remains open to the north and at depth North Dark Main Dark Star is open to the south open Star and east Connection between North and Main Open at depth needs additional drilling Saddle Deposit footprint has expanded outward an
Slide 20: Dark Star Cross Section
Dark Star Cross Section Deep Dark Star Permissive host rocks, alteration and mineralization continue at depth. Most of the open pit resource is oxide, with oxide and sulfide extensions at depth. Potential for deeper mineralization exists with the recognition of hydrothermal breccias in the low
Slide 21: Hydrothermal Breccias – Carlin and Cortez
Hydrothermal Breccias – Carlin and Cortez Deep Star Deposit Dark Star Deposit Cortez Hills Deposit Meikle Deposit 36.2 g Au/t 6.84 g Au/t 237.0 g Au/t (top) 30.11 g Au/t 146.5 g Au/t (lower) 21
Slide 22: Dark Star Deep Exploration Targets
Schematic Section of Deep Dark Star Targets Dark Star Deposit W Deep DH 1 E Dark Star Deep Target Schematic Cross Section Ti Rhyolite Dikes (looking north) Dark Star Deep Based on current drill holes to 1,000’ and seismic data Exploration Targets Permissive Targets • Anticline focuses gold system an
Slide 23: Pinion Development / LT & Ski Track Exploration
Pinion Development / LT & Ski Track Exploration Pinion Deposit Analogous geology to Nevada Gold Mines Rain & Emigrant mines1 Defined near-surface, 22 oxide gold deposit Deposit is open to the east (deeper/thicker gold zones) and west (near surface oxide) Additional potential for expansion to
Slide 24: Proven Exploration Model
Proven Exploration Model Exploration Targets Dark Star Penn-Perm Host Rock Map Dark Star Corridor (Hidden Star) Area Penn-Perm hosted targets along dike filled N-S structural trend where it is intersected by WNW and NE trending faults Penn-Perm Section under thrusted Mississippian Tonka Fm. Dixie Ta
Slide 25: Jasperoid Wash Exploration
Jasperoid Wash Exploration Jasperoid Wash Exploration drilling to follow structural corridor both north and south of current resource area. W E 25
Slide 26: High Grade Opportunities, North Bullion Deposit
High Grade Opportunities North Bullion Deposit Classic Carlin-style, high- grade collapse breccia hosted deposit Maiden Resource completed in 2017 Potential open pit oxide (POD & Sweet Hollow), sulphide open pit and underground 2019 drilling to test the NW extension identified in RR17-06: 47
Slide 27: Lewis Project
Lewis Project The Lewis Project Lewis Project has exploration potential with significant strategic value 21.6 km2 (5,340 acres) on the Battle Mountain – Eureka mineral trend, adjacent to the Nevada Gold Mines active Phoenix mine. High value targets exist in the Buena Vista – Meagher Corridor a
Slide 28: Operational Synergies of the Lewis Project
Operational Synergies of the Lewis Project 28
Slide 29: Capital Structure & Financial Information
Capital Structure & Financial Information Shares* Gold Standard Ventures Corp Shares outstanding 277.5 million Listing NYSE American & TSX Options 10.5 million Symbol GSV RSU’s 1.1 million Warrants 0.0 million 52 week lo-hi (TSX)* C$ 1.08– 2.40 Fully Diluted 289.1 million 52 week lo-hi (NYSE US$ 0.8
Slide 30: Directors, Management & Technical Team
Directors, Management & Technical Team Directors & Management - Proven Access to the Capital Markets Jonathan Awde Director – President & CEO / Co-Founder William E. Threlkeld, MSc Econ. Geol. Director Ron Clayton Director Jamie Strauss Director Robert McLeod, P.Geo Director Bruce McLeod, P. Eng Dir
Slide 31: Significant News Flow in 2019
Upcoming Milestones Significant News Flow in 2019 Drilling on Exploration targets and open Development areas Complete the Dark Star and Pinion resource updates Finish Economic study at PFS levels (~Q3) Complete Lewis Virgin Deposit NI43-101 compliant resource estimate (Q3/Q4) New discoveri
Slide 32: Investment Rationale: Why Now?
Investment Rationale Why Now? Scarcity of district scale, Tier 1 assets in favorable jurisdictions Positive Prefeasibility Study Carlin Trend – potential for multi-million ounce discoveries and continued project growth Unparalleled 208 km2 land package - premiums paid for the Carlin Trend
Slide 33: Appendix
A APPP PEEN NDD II X X North Dark Star 33
Slide 34: Non GAAP Financial Measures
Non GAAP Financial Measures Non-GAAP Financial Measures The Company has included certain non-GAAP financial measures in this presentation, including cash costs and all-in sustaining costs (AISC) per ounce of gold sold. These non-GAAP financial measures do not have any standardised meaning. According
Slide 35: Proven and Probable Reserves - $1250 Au and $15.30 Ag
Proven and Probable Reserves - $1250 Au and $15.30 Ag Dark Star K Tonnes g Au/t K Ozs Au Proven 5,434 1.39 243 Probable 24,023 0.83 641 P&P 29,456 0.93 884 Pinion K Tonnes g Au/t K Ozs Au g Ag/t K Ozs Ag Proven 1,081 0.66 23 5.48 191 Probable 16,806 0.63 341 4.64 2,514 P&P 17,887 0.63 364 4.69 2,705
Slide 36: Resources ($1,500 USD Table)
Resources ($1,500 USD Table) Deposit Category Cut-off Tonnes g Au/t Contained g Ag/t Contained g Au/t Oz Au Oz Ag Notes: Dark Star Measured Variable 5,857,000 1.31 246,000 1. Mineral resources are not Mineral reserves. Mineral resources Indicated Variable 26,860,000 0.78 675,000 which are not minera
Slide 37: NYSE AMERICAN: GSV | TSX: GSV
Suite 610 - 815 West Hastings Street Vancouver, BC. Canada V6C 1B4 T:604-669-5702 F:604-687-3567 info@goldstandardv.com NYSE AMERICAN: GSV | TSX: GSV www.goldstandardv.com