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Corvus Gold Inc.
Summary
| Project: | North Bullfrog | |
|---|---|---|
| Deposit: | Swale | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 9/7/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-9-2016: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Swale deposit at the North Bullfrog project. Drilling results incl. 64.01m @ 0.49g/t Au, 1.48g/t Ag from 100.58m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company | |
| Resources: | (Resource, Meas.): 3.86Mt @ 2.55g/t Au, 19.70g/t Ag (North Bullfrog project total) | |
| 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 the last four holes of the 2016 phase I drill program and the start of its phase II drill program (Figure 1). A total of 6,250 metres of Reverse Circulation (RC) drilling was completed during Phase I. Drilling was concentrated around the Swale target located at a major intersection of the northwest trending YellowJacket zone and the northeast trending NWSB zone. Results have returned a number of higher grade (+1 g/t gold) structural zones within a 500 by 200 metre target area. Latest results from the phase I drill program include NB-16-310 with 13.7m @ 1.18 g/t Au and NB-16-312 with 4.6m @ 1.08 g/t Au & 6.1m @ 1.2 g/t Au. All four holes were within the Swale target and included two holes which intersected broad zones of +1 g/t gold that were surrounded by thick low-grade zones along north-south trending structures (Table 1). This large area of lowgrade mineralization is prospective for additional mill grade mineralization and lies immediately north of the current pit boundary design. This target area will be an area of focus during the Phase II, resource development drilling scheduled to start this month. | |
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