New Acquisition VP for Gold Standard

Oxford, MS 3/31/2011 (Penny PayDay) -- Gold Standard Mining Corp. (OTC:GSTP) today announced, in a press release, that it has appointed Harutyun Mhitarovich Shatoyan as the Company’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. Shares of Gold Standard Mining closed yesterday at $0.609 per share and average nearly 144,000 shares traded per day. The company has a market cap of $123 million and a 52-week range between $0.12 and $4.51 per share.

Pantelis Zachos, Chief Executive Officer of Gold Standard Mining stated, “On 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.”

For more information, please visit: www.goldstandardmining.com.

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