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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Main Target | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 11/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-11-2017: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Main Target deposit at the Mother Lode project. Drilling results incl. 54.87m @ 2.70g/t Au, 2.48g/t Ag from 210.31m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Com | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jeffrey A. Pontius, Carl E. Brechtel (Internal) | |
| ABSTRACT: | Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, OTCQX: CORVF) announces it has received assays results from three new drill holes at its Mother Lode project in southern Nevada (Table 1). The new results are from the Main Target area (Figure 1) and continues to confirm and expand the Upper and Lower Zones of the deposit to the North and at depth with broad intercepts that include hole ML-005, 33.53m @ 2.91 g/t Au & ML-17-007, 54.82m @ 2.70 g/t Au (both intercepts at 0.5 g/t gold cutoff). Additionally, the higher-grade Mother Lode Structural Zone continues to track north and extend at depth (ML-005, 10.67m @ 6.27 g/t Au north extension & ML17-007, 9.14m @ 6.96 g/t Au deepest hit to date at ~250m down hole). These most recent holes have also intersected a new upper zone of low-grade mineralization in the Crater Flat Tuff (CF Zone), with oxide mineralization that the Company believes could be potentially similar to Corvus’ Sierra Blanca deposit at the North Bullfrog property, as well as the Secret Pass deposit and the Bullfrog deposit to the west. There was little to no historical data on the CF Zone as many parts of this area were never assayed when it was previously drilled. Additionally, hole ML17-005 ended in low-grade mineralization below the Lower Zone target which the Company believes could be indicating a low-grade halo from the Deep Target Zone below. Corvus has recently began a series of deeper holes to 450 metres to evaluate the Deep Target potential in the main intrusive center area of the gold system. | |
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