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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 3/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-3-2018: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 30.48m @ 2.05g/t Au from 21.34m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: | |
| 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 additional results from two of four holes evaluating the eastern extension of the Mother Lode deposit (Figure 1). Results indicate mineralization continues to expand the system to the east (Table 1). The Eastern extension target was not addressed by past drilling and is currently being evaluated by an initial series of holes over approximately 400 metres of strike length. Hole ML18-046 and ML18-047 continue to outline a new zone of mineralization to the east of the main Mother Lode deposit trend (30.5m @ 2.05 g/t Au and 9.1m @ 0.95 g/t Au; 11.8m @ 1.77 g/t Au respectively). This new zone was also intersected in two previous holes drilled in 2017, ML17-010 & ML17-037 (12.2m @ 2.88 g/t Au, NR17-19 reported on December 12, 2017 & 12.2m @ 2.69 g/t Au, NR18-3 reported on February 1, 2018) which has now outlined a zone that is at least 250 metres long that remains open. Finding additional zones of mineralization to the east will drive further exploration in this direction to evaluate the width of the system as the historic shallow, vertical drilling did not test the target in the favourable rock package. Jeff Pontius, President and CEO of Corvus states “The extension of the Mother Lode system to the east with our 2018 stepout program is continued evidence of the exploration potential on the property. As we learn more about the Mother Lode system we are expanding our expectation of the system and its ultimate potential. In addition, new surface exploration work on our recently announced new targets along the Daisy, Secret Pass and Sterling trends has produced encouraging results that enhance what the Company believes is emerging as a new, district scale, Nevada gold discovery.” | |
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