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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 10/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-10-2017: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 59.83m @ 1.95g/t Au, 1.32g/t Ag from 94.70m. 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 initial results from the first two holes of its 2017 Phase I drilling program at its newly acquired Mother Lode project in southern Nevada (Table 1). The results have outlined two stacked, higher-grade zones within the deposit: An Upper Zone, hosted in intrusive and Tertiary sediments which is the primary initial target along the Mother Lode structural zone, and a newly discovered Lower Zone, approximately 40 metres below the Upper Zone within and below the Fluorspar Canyon Fault (FCF) hosted by intrusives and Paleozoic sedimentary rock. The new Lower Zone discovery has alteration and textures analogous to structurally controlled deposits that occur more commonly in the Carlin and Battle Mountain - Eureka trends of north central Nevada and represents an important new style of mineralization in the District. Additionally, the results have confirmed location of the high-grade Mother Lode structural zone in the Upper Zone with 5.78 g/t gold over 11 metres in hole ML-17-001 and 4.86 g/t gold over 7.62 m in hole ML-17-004 which begins at about 100 metres from surface. All of the mineralization discovered to date could be within open pit mining depths. Ongoing drilling is targeting the northern extension of these thick zones of high-grade mineralization across an initial target area that is 300 metres wide and 500 metres long. | |
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