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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 7/16/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-7-2020: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 197m @ 0.44g/t Au from 263.7m. Vancouver, B.C… Corvus Gold Inc. (“Corvus Gold” or the “Company”) - ( | |
| Resources: | x | |
| CP/QP: | [Overall Report] Jeffrey A. Pontius (Internal) | |
| ABSTRACT: | Vancouver, B.C… Corvus Gold Inc. (“Corvus Gold” or the “Company”) - (TSX: KOR, OTCQX: CORVF) announces it has received positive drilling results from its new Lynnda Strip target located approximately 2.5 kilometres to the north-northeast of the Mother Lode deposit and about half way between Mother Lode and AngloGold Ashanti’s Silicon project (Figure 1). The Lynnda Strip mineralization is a combination of structurally and stratigraphically controlled oxide gold below approximately 150 metres of cover (Table 1). Drill hole CH20-11 returned an oxide zone totalling 197m @ 0.44 g/t Gold including 44.2m @ 0.90 g/t Gold & 20m @ 0.74 g/t Gold. Highergrade intervals are associated with stockwork quartz veining hosted in volcanic rocks which is similar to the historic Bullfrog Mine and Corvus Gold’s YellowJacket gold deposits. Corvus Gold will be conducting a follow-up drill program to test the upper part of the system, which Corvus Gold projects to be higher grade. The Lynnda Strip target has a distinctive geophysical signature as shown in data from Corvus Gold’s new AMT survey (Figure 2). This same geophysical pattern occurs approximately 3.0 kilometres to the west of Lynnda Strip at Corvus Gold’s Twisted Canyon target, which also has a coincident surface gold anomaly. Corvus Gold is working on a number of other targets generated by the Mother Lode Belt geophysical survey as well as follow-up work on drill results from Cat Hill and other targets tested in the North Bullfrog project area. | |
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