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Corvus Gold Inc.
Summary
| Project: | North Bullfrog | |
|---|---|---|
| Deposit: | North Bullfrog | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 8/7/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-8-2019: Corvus Gold Inc. announces an Exploration/Drilling Update report for its North Bullfrog deposit at the North Bullfrog project. Drilling results incl. 24.39m @ 1.21g/t Au from 115.82m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) | |
| Resources: | ||
| 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 drill holes (detailed in Table 1 below) testing new targets with several returning positive results (Figure 3) at the 100% owned Nevada, North Bullfrog Project. The most significant results were returned from new zones west and north of the Sierra Blanca/YellowJacket deposit. The WSB target area (West Sierra Blanca) is a large pediment covered area over a kilometre long and half a kilometre wide, with assays pending on 7 additional completed holes. Mineralization in this area is dominantly oxide with the oxide-sulfide boundary variable from 100 to 200 metres in depth similar to most areas at North Bullfrog. The Company plans to complete an additional 20 holes at the WSB target in this phase. Corvus recently staked a large block of land (Gap Claims, Figure 2) on the southern extension of the new Kinross Gold Corporation land package in the southwestern part of the District (Figure 1 & 2). This area contains a large regional structural zone called the Ransome Fault that hosts the historic, high-grade, original Bullfrog gold deposit. Corvus believes the target environment is analogous to the Mother Lode setting with mineralization focused at the volcanic-basement contact which is largely untested in this area. The new claims are also adjacent to the west side of the large AngloGold Ashanti Limited, Rhyolite project and contains the western extension of their large, high level alteration system that Corvus believes has similarities to the Silicon area to the east side of the District. Corvus is currently conducting an in-depth surface exploration program on the target in preparation for scout drilling later this fall. | |
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