For thousands of other reports visit RSC's Mineral Intellingence Map

Corvus Gold Inc.

opaxe

Summary

Project:

Mother Lode

Deposit:Mother Lode
Location:United States
Commodities:Gold-Silver
Date:12/5/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:5-12-2019: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 50.30m @ 1.50g/t Au from 306.32m. 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 initial assay results from its Phase-4 Mother Lode resource expansion drilling program (Table 1). Both holes returned positive results from the southwest part of the deposit where Main Zone mineralization has now extended to the southwest part of the resource area (Figure 1). The Company believes that this Southwestern extension of higher-grade mineralization has demonstrated potential for the deposit to continue expansion in multiple directions and now at depth with hole ML19-119 intersecting 50.3m @ 1.50 g/t gold in newly identified intrusive zone. These initial Phase-4 holes are part of a 30,000-metre drilling program (Core and RC) targeting a major increase in size of the Mother Lode deposit. Corvus expects to complete the Phase-4 program by mid-2020 with follow-up drilling as needed in the second half of next year. Phase-4 is designed to expand the current mineral resource of the deposit, test the deep “North Extension” & “Core” targets and the down faulted western extension of the main Mother Lode deposit (west of the Fluorspar Canyon Fault). In addition, Corvus plans to update its District-wide resource base and mining studies, which will incorporate 35,000 metres of the recently completed Phase-3 drill program as well as results from the ongoing Phase-4 program.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report