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Corvus Gold Inc.
Summary
| Project: | North Bullfrog | |
|---|---|---|
| Deposit: | Swale, Black Vein, Lower Savage | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 8/2/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-8-2016: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Swale, Black Vein, Lower Savage deposit at the North Bullfrog project. Drilling results incl. 153.92m @ 0.54g/t Au, 0.92g/t Ag from 193.55m at Black Vein. Vancouver, B.C… C | |
| 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 further drill results from the 2016 North Bullfrog exploration program (Figure 1). The extension of the YellowJacket structural zone was again intersected in hole NB-16-308 at the Swale target with 3.1m @ 2.24 g/t gold & 3.5 g/t silver within 9.15m @ 1.02 g/t gold & 1.93 silver, approximately 50 metres north of hole NB-16-300 (NR16-09, June 7, 2016, 18.3m @ 1.76 g/t gold). This zone of stockwork mineralization is surrounded by broad zones of low grade gold mineralization indicating the YellowJacket gold system remains strong and continuous in the northern most hole drilled to date (Table 1). Drilling has now extended the YellowJacket Zone an additional 250 metres to the north of the existing resource and additional assays for recently completed holes at the Swale target are pending. Initial drill results from the Black Vein target has now highlighted the importance of the reemerging Liberator structural zone, a parallel structural zone just east of the YellowJacket deposit with potential to host high-grade mineralization. Significantly, drill hole NB-16-303 into the Black Vein target returned 153.92m @ 0.55 g/t gold & 0.92 g/t silver. Follow up drilling is being planned to test for significant tonnage of higher grade mineralization. | |
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