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Corvus Gold Inc.
Summary
| Project: | Mother Lode | |
|---|---|---|
| Deposit: | Mother Lode | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 4/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-4-2018: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Mother Lode deposit at the Mother Lode project. Drilling results incl. 53.34m @ 1.90g/t Au from 230.12m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX | |
| 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 results from three stepout holes in the northwest quadrant of the Mother Lode deposit (Figure 1). Assay results returned encouraging intercepts showing continued expansion of the Mother Lode deposit (Table 1). The new drill holes continue to show an expanding gold system to the north and west with thicknesses and grades continuing to improve to the west, as highlighted in hole ML18-052 with 53.3m @ 1.90 g/t Au & 41.2m @ 1.52 g/t Au. Holes ML18-050 to 052 are located at the Northwestern quadrant of the main Mother Lode target area. The multiple broad intercepts in hole ML18-052 (22.9m @ 0.67 g/t Au, 53.3m @ 1.90 g/t Au, 41.2m @ 1.52 g/t Au) confirm previous results for holes ML18-043, 044, 045, which indicate that the Mother Lode gold system is strengthening and expanding to the west. Two thick oxide intercepts (22.9m @ 0.67 g/t Au & 41.2m @ 1.52 g/t Au) in this hole are now forming a sizable zone to the west, believed to be expanding the potential heap leach component of the deposit. Eight additional stepout holes to the west are in the process of being completed to address this expanding area. Results from holes ML18-051 & 052 demonstrate that the Fluorspar Canyon Fault (FCF) Zone, which controls mineralization on the north end of the Mother Lode deposit, is nearly flat as drilling progresses north and remains open. An approximate 200 metre stepout hole to the north east of hole ML18-051 is scheduled to be drilled shortly to further define the northern extent of the main system and to chase the projection of the new high-grade zone intersected in hole ML18-049 (7.5m @ 21.77 g/t Au). | |
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