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Gold Standard Mining Corp. Appoints Vice President of Acquisitions


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LOS ANGELES & BLAGOVESHENSK, Russia--([ BUSINESS WIRE ])--Gold Standard Mining Corp. (OTCBB: GSTP) announced today that it has appointed Harutyun Mhitarovich Shatoyan as the Companya™s Vice President of Acquisitions. Mr. Shatoyan will be responsible for identifying, negotiating and acquiring natural resources throughout Russia and the former Soviet States. Mr. Shatoyan is based in Moscow, Russia.

Since 2001, Mr. Shatoyan has been a consultant based in Moscow, Russia, representing Russian and foreign companies in connection with identifying, acquiring and operating businesses throughout the Russian Federation and former Soviet states. From 1995 throughout 2000, Mr. Shatoyan was the commercial director of Spetsstroy of Moscow, Russia. From 1983 through 1995, Mr. Shatoyan served as an agent with the FSB having attended the FSB School from 1979 through 1983.

Pantelis Zachos, Chief Executive Officer of Gold Standard Mining stated, aOn behalf of the Company, we welcome Mr. Shatoyan as our Vice President of Acquisitions. We have known Mr. Shatoyan for a number of years on an informal basis and he has already demonstrated that he has the ability to help the Company grow its asset base; his contacts and extensive knowledge of Russia will add much value to the company.a

ABOUT GOLD STANDARD MINING CORP. (OTCBB: GSTP)

Gold Standard Mining Corp. is a publicly held Nevada corporation whose common stock trades on the over-the-counter bulletin board under the trading symbol GSTP. Gold Standarda™s mission is to become an over one million ounce per year producer of minerals from the vast resources of Russia, while benefitting from the skill base and engineering strength of the Russian mining sector with the support of Western technology, finance, and corporate governance.

Forward-Looking Statements: Except for statements of historical fact, this news release contains certain "forward-looking statementsa as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on the Company's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward- looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward- looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors that the Company has little or no control. Such forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward- looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by the Company with the Securities and Exchange Commission.


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