GV Guerrero Ventures Inc

Gold Standard Ventures Corp. ("Gold Standard") (TSX VENTURE:GV)(OTCQX:GDVXF)
(www.goldstandardv.com) reported today that the 1,199,616 accelerated warrants
that were unexercised as of April 11, 2012 have now all been exercised. Since
April 11, 2012 the Company has received $1,318,567 (all figures are quoted in
Canadian dollars) from the exercise of 1,318,567 share purchase warrants. After
the recent warrant exercise, the Company now has approximately $11,000,000 in
treasury. 


As of January 1, 2012, Gold Standard had 12,973,783 warrants outstanding, each
representing the right to purchase one common share of the Company from
treasury, with expiry dates ranging from March 16, 2012, July 13, 2012,
September 10, 21, 22, or 29, 2012, and March 3, 2013 and a weighted average
exercise price of $0.99. These warrants were issued in 2010 as part of the
consideration for corporate financings. As of today, there remain 3,769,804
warrants outstanding with a weighted average exercise price of $0.99 and a
further potential cash infusion to Gold Standard of $3,725,777.70. 


The Company has 2,889,278 warrants remaining that expire on July 13, 2012 and
880,526 broker warrants that expire on March 3, 2013. 


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 news 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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