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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 3/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-3-2018: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 7.62m @ 21.77g/t Au from 230.12m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) - (TS | |
| 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 holes which are evaluating the eastern extension of the Mother Lode deposit (Figure 1). The Company believes that these new holes continue to define a new high-grade area of the East Zone of the deposit as well as a possible new broad area of deep oxide mineralization even farther to the east (Table 1). East Zone mineralization is primarily hosted in the Upper Zone Tertiary units which is well mineralized to the west of the hole. Hole ML18-049 represents the highest-grade intercept drilled to date in the Mother Lode system (7.62m @ 21.77 g/t Au). Results to date from the East Zone have now outlined a system at least 400 metres long running northwest from the eastern edge of the historic pit and hosted in the favorable Tertiary sedimentary rock package. The area remains open to the north and east and will be followed up with additional stepout holes. Jeff Pontius, President and CEO of Corvus states “This new bonanza grade discovery within the large Mother Lode system is significant as we believe it is beginning to outline what could be multiple zones with similar potential. It is a hallmark of a large sediment hosted system like those in the Carlin trend to have areas of higher grades which can form deposits within deposits. We believe this type of discovery enhances the overall Mother Lode potential and provides the Corvus geologic team with important exploration information on how and where to target additional bonanza grade zones in this expanding new Nevada gold discovery.” | |
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