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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 10/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-10-2018: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 65.53m @ 1.53g/t Au from 323.09m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) - (T | |
| Resources: | (Resource, M+I): 53383Kt @ 0.68g/t Au, 1.159Moz Au contained | |
| CP/QP: | [Overall Report]: Jeffrey A. Pontius (Internal) | |
| ABSTRACT: | Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, OTCQX: CORVF) announces it has received further positive results from the Phase III resource expansion drilling program at the Mother Lode Project, Nevada (Table 1 & Figure 1). Results include a step out hole to the northwest of the currently defined deposit along the Western Feeder Zone (ML18-083, 65.5m @ 1.53 g/t Au) and a deep expansion of the main deposit in holes ML18-082 & 084 with 22.9m @ 2.53 g/t Au and 54.9m @ 1.6 g/t Au respectively in the deep oxide zone. Drilling continues at the project with mineralization open in all directions including at depth. Jeffrey Pontius, President and CEO of Corvus states, “Mineralization in hole ML18-083 is encouraging as it demonstrates that the system appears to be getting thicker and better mineralized to the north of the currently defined deposit. We have scheduled a series of eight additional holes to the north and northeast of hole ML18-083 to be drilled during Phase III that potentially opens a new exploration front on the deposit. The Mother Lode deposit continues to grow while adding continuity with additional drilling. In addition, Corvus expects to announce a Preliminary Economic Assessment for the combined North Bullfrog and Mother Lode projects within the next few weeks to provide an initial economic snapshot of this new and growing Nevada Gold District.” | |
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