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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 10/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-10-2017: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 58.94m @ 2.77g/t Au, 1.30g/t Ag from 75.94m. 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 assay results from an additional two holes from its 2017 Phase I drilling program at the Mother Lode project in southern Nevada (Table 1). The results for the Main Target area (Figure 1) are continuing to confirm the Upper and Lower Zones of the deposit as well as the down dip extension of the high-grade Mother Lode Structural Zone. The Company believes that these new results, along with ongoing geologic studies show that both the Upper and Lower Zones are related to the same gold system and directly tie to the unique Mother Lode intrusive center. The system can best be characterized as a Miocene aged sediment hosted deposit similar to those of north central Nevada, although at a younger age. The Company’s new drilling, in combination with the existing 172-hole historic drill database was used to construct a series of grade shells that have revealed a clearer view of the overall mineral system. These grade shells are shown in Figures 1 through 3 with the current drilling results plotted. The Upper Zone results compare well to the prior resource model and highlight a continuous sediment hosted zone of mineralization both laterally and along strike. The new Lower Zone of mineralization is also showing good continuity from hole to hole. Host rocks in both zones are predominantly calcareous sediments and intrusive dikes and sills with the Lower Zone dominantly oxide. | |
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