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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 2/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-2-2018: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 70.10m @ 1.45g/t Au, 1.98g/t Ag from 182.88m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Comp | |
| 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 assay results from the final eight drill holes from its 2017 Phase I drill program at its Mother Lode project in southern Nevada (Table 1). Results from the first drill hole to specifically target to the east of the deposit (ML17-42 with 28.95 m @ 2.02 g/t gold) has opened up an area which has not been directly drilled by Corvus, and has only seen shallow drilling from past historic exploration programs in the 1980’s. In addition, initial drill holes designed to extend the depth potential have returned encouraging results (ML17-36 with 44.19 metres @ 1.33 g/t gold beginning at 280.4 metres down hole). Corvus initiated its Phase II 10,000 metre drill program on January 9th to explore the areas of mineralization that remain open to the North, East, and West and at Depth. Western Extension Hole ML17-039 demonstrates the continued western extension in the core area of the currently known deposit. The thick, high-grade interval in this drill hole (70.1 m @ 1.45 g/t Au) is encouraging, and the mineralization is open to the west. Previously only one historic drill hole had entered and ended in this zone, with the bottom 6.1 m @ 3.3 g/t gold. Corvus is currently drilling a north-south fence about 100 metres west of hole ML17-039 and down to west of hole ML17-036 which could lead to an expansion of the deposit to the west. | |
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