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Corvus Gold Inc.

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Summary

Project:

Mother Lode

Deposit:Mother Lode
Location:United States
Commodities:Gold-Silver
Date:1/30/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:30-1-2020: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 59.43m @ 1.51g/t Au from 318.52m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) - (TS
Resources:(not mentioned in this report)
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 two Reverse Circulation (RC) holes from its ongoing Phase-4 Mother Lode resource expansion drill program (Table 1). Both results returned positive assays from the central part of the deposits Main Zone infill program and the new Central Intrusive Zone (CIZ) oxide target just below (Figure 1). These latest results indicate that the Main Zone displays excellent continuity of good open-pit grade throughout the mineralized horizon. In addition, Corvus believes that the results also indicate that the newly discovered lower CIZ may extend for at least 400 metres north-south which could potentially represent a sizable resource expansion target for higher-grade oxide mineralization. The current RC drill holes into the CIZ have been lost in the mineralized zone due to challenging drill conditions making it difficult to define the full width and depth of the zone, however; work to date continues to outline a large new target for the Mother Lode deposit at the CIZ. Corvus has completed its first diamond core hole into the North target area, which is the northern extension of the Main ore body with results pending.

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