Gold Standard Ventures’ Railroad project ‘attractive potential target,’ Macquarie says
Mining News Pro - With Barrick Gold’s hostile takeover bid for Newmont Mining and the scrutiny of both companies’ assets in Nevada, Gold Standard Ventures‘ Railroad project in the state is “increasingly an attractive potential target,” mining analysts at Macquarie Research claim in a recent research note.
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According to Mining News Pro - “Gold Standard Ventures has the largest undeveloped oxide gold deposit on the Carlin Trend,” the analysts wrote in a Feb. 25 note to clients, stating that it puts the company “firmly on the radar for its +3.6 million oz. Carlin Trend land position in the merger mania context focused on Nevada.”

The company owns a 100% stake in the Railroad project, which makes up part of Gold Standard Ventures’ 18-km-long land position in the gold-rich district.

“We think Gold Standard Ventures is in the early innings of documenting multiple deposits at Railroad,” the analysts forecast.


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