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Corvus Gold Inc.
Summary
| Project: | North Bullfrog | |
|---|---|---|
| Deposit: | Liberator Zone | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 2/7/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-2-2017: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Liberator Zone deposit at the North Bullfrog project. Drilling results incl. 108.2m @ 0.57g/t Au, 0.87g/t Ag from 76.2m. Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX | |
| Resources: | (Resource, Meas.): 3.86Mt @ 2.55g/t Au, 19.70g/t Ag (North Bullfrog project total) | |
| CP/QP: | [Overall Report]: Jeffrey A. Pontius, Carl E. Brechtel (Internal) | |
| ABSTRACT: | Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, OTCQX: CORVF) announces the initial results from the first five holes in the new Liberator Zone immediately east of the Company’s Sierra Blanca-YellowJacket resource (Figure 1). Results continue to outline a broad zone of gold mineralization as four of the five holes returned wide mineralized intercepts. Drill Hole NB16-320 intercepted broad gold mineralization starting at a shallow depth below surface returning 108 metres @ 0.57 g/t gold including higher grade vein intercepts of 1.52 metres @ 8.3 g/t Gold & 1.52 metres @ 4.96 g/t gold (Table 1) and ending in mineralization. This new zone has now been intercepted over a strike length of over 800 metres, is oriented subparallel to the YellowJacket Deposit, with several zones of higher grade mineralization along the trend. The current drill program at Liberator has another 3 holes pending. Jeff Pontius, President and CEO of Corvus said, “The initial results from drilling on the Liberator Zone has opened up a large new area of gold-silver mineralization at the North Bullfrog project. These results have led to a reinterpretation of numerous high and low grade intercepts immediately east of our current resource, now defining a sizable new structural zone stretching for over 800 metres in length. We believe that this new zone holds potential for another high-grade body like that at YellowJacket and its proximity to the current designed pit could make it an important resource expansion target. We believe the ongoing drill program is progressing toward its goal of expanding the existing resource and testing other new gold discoveries on this new Nevada, district scale, gold deposit.” | |
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