Gold Standard Announces Sale of Non Core Assets and Changes to Its Management and Technical Team

Gold Standard Ventures Corp. (TSX VENTURE:GSV)(NYSE MKT:GSV)(NYSE Amex:GSV)
("Gold Standard" or the "Company") announced today that it has entered into a
binding Letter of Intent to sell its entire portfolio of non-core early
exploration assets consisting of Crescent Valley, East Camp Douglas and East
Bailey projects to Tanqueray Exploration Ltd. (TSX VENTURE:TQY) for cash and
shares. The sale follows a strategic decision by Gold Standard's Board of
Directors to concentrate the Company's efforts on its wholly-owned advanced
stage Railroad-Pinion Project on Nevada's Carlin Trend. Changes to the Company's
technical team have also been made to reflect the shift in strategic direction.


Divestiture Highlights:



--  Gold Standard has agreed to sell all of its interests in the non-core
    assets to Tanqueray Exploration Ltd. for 60,000,000 shares of Tanqueray
    (representing approximately 88% of its shares outstanding after the
    sale) and $150,000 in cash, to close on or before August 15th, 2014.

--  The sale will reduce Gold Standard's annual land holding costs by
    approximately $400,000.

--  GSV will continue to have a significant participation in the potential
    for exploration success on the non-core properties as a major
    shareholder of Tanqueray.



As part of the divestiture, Gold Standard Ventures announces that, effective May
30th, co-founder, director and VP of Exploration Dave Mathewson will be stepping
down as a director and officer of the Company to assume responsibility for the
direction of Tanqueray as its VP Exploration and interim President and CEO upon
closing of the transaction. Mr. Mathewson will remain a technical advisor to
Gold Standard for a period of at least one year.


Gold Standard's President and CEO Jonathan Awde stated that "since the Pinion
acquisition we have been assessing ways to unlock the value in our earlier stage
exploration assets while also focusing on the Railroad-Pinion Project. We
believe this divestiture is the best way to accomplish these two objectives.
Dave Mathewson is a visionary Nevada geologist with a long history of early
stage discoveries. He was absolutely instrumental in our discovery at North
Bullion and vital to our efforts to consolidate the Railroad-Pinion district for
the first time ever. Dave's first love in exploration has always been in
identifying and advancing tier 1, district scale generative exploration
opportunities and that's precisely what Crescent Valley, East Camp Douglas and
East Bailey projects represent. This is a fitting transition given Gold
Standard's new strategic direction as an advanced-stage explorer. I want to
express our utmost appreciation to Dave for his unwavering commitment to the
growth of the Company."


Gold Standard is pleased to announce that Senior Geologist, Mac Jackson, Jr.,
M.Sc. will become VP Exploration and will be joined by newly hired Chief
Geologist John Norby, M.Sc.


Mac Jackson has over 17 years of experience as an exploration geologist,
including 8 years with Newmont Mining Corporation. During his tenure with
Newmont, Mr. Jackson was a significant contributor to the discovery of the West
Leeville and Turf deposits, both of which are on the Carlin Trend, and the Fiber
Line deposit at the Twin Creeks complex. Mr. Jackson has been with Gold Standard
since July 26, 2011 and has been instrumental in expanding our understanding of
the stratigraphy and structural geology and advancing new target opportunities
on the Railroad-Pinion Project.


John Norby has over 35 years of experience as exploration, project and chief
geologist. John has extensive Nevada experience including nearly 20 years spent
designing and executing exploration and resource delineation programs for
Barrick and Newmont mostly in the Carlin and Cortez trends. Mr. Norby managed a
highly successful exploration program for Newmont in the Maggie Creek district
within the Carlin Trend that successfully delineated significant additional
resources at the Mike and Gold Quarry deposits. While at Placer Dome and
Barrick, Mr. Norby identified and drilled new oxide mineralization at Pipeline
and Getchell. John obtained his Master of Science, Geology, 1984, South Dakota
School of Mines and Technology, Rapid City and Bachelor of Arts, Environmental
Science, geology concentration, 1978, University of Virginia, Charlottesville.


CEO Jonathan Awde stated that"Mac and John, along with our Manager of projects,
Steve Koehler represent a first class technical team with extensive Carlin
experience. John provides the resource estimation and environmental expertise we
now need for the next stage of our development while Mac and Steve bring
invaluable, first hand knowledge of Railroad-Pinion geology and operational
requirements. All the elements are in place for success going forward."


Completion of the transaction is subject to a number of conditions, including,
but not limited to, the satisfaction of Gold Standard and of Tanqueray of
certain due diligence investigations to be undertaken by each party,, closing
conditions customary to transactions of the nature of the transaction and
exchange acceptance. Where applicable, the transaction cannot close until the
required shareholder approval is obtained by Tanqueray shareholders, and there
can be no assurance that the transaction will be completed as proposed or at
all.


The scientific and technical content and interpretations contained in this news
release have been reviewed, verified 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 - Gold Standard is an advanced stage gold
exploration focused on district scale discoveries in Nevada. The Company's
flagship project, the Railroad-Pinion Gold Project, is located within the
prolific Carlin Trend. The recent Pinion gold deposit acquisition offers GSV a
potential near-term development option and further consolidates the Company's
premier land package in the Carlin Trend. Gold Standard is moving towards
building NI 43-101 compliant gold resources at both the near surface, oxide-gold
Pinion deposit and the classic Carlin style, North Bullion gold deposit in 2014.


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.


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. 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). 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
[e-mail]
www.goldstandardv.com