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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 1/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-1-2018: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 70.1m @ 1.41g/t Au. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, OTCQX: | |
| 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 an additional eight drill holes from its 2017 Phase I drill program at its Mother Lode project in southern Nevada (Table 1). The latest results continue to delineate the extension of the Mother Lode deposit to the west (ML-17-028 with 70.1 m @ 1.41 g/t gold at a 0.1 g/t cutoff), and there appears to be early indications of a new deep zone below the historic pit zone. Additionally, a new drill fence 50 metres to the north of the northernmost drilling has shown that the system continues to expand to the north-northwest of historic hole ML-338 (73.2 m @ 2.05 g/t gold). It is believed that these results continue to grow the Mother Lode deposit, which is open to the north, west, east and at depth (Figure 1). Western Extension and New Deep In-pit Zone Assay results from holes ML-17-026 to ML-17-028, ML-17-030 and ML-17-032 provide further information for Resource estimation work while extending mineralization to the west and at depth in the historic open pit area of the deposit, with ML-17-28 returning 51.8 m @ 1.86 g/t gold. Importantly, the new deeper holes drilled have intersected a new deep zone of moderate grade mineralization (“Deep In-Pit Zone”) that is open at depth and could be extensive throughout the deposit to the north and at depth (ML-17-026 with 24.4 m @ 0.93 g/t gold, ML-17-32 with 12.2 m @ 0.81 g/t gold & ML-17-30 with 12.2 m @ 0.81 g/t gold). | |
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