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Corvus Gold Inc.
Summary
| Project: | North Bullfrog | |
|---|---|---|
| Deposit: | Western Zone | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 3/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-3-2017: Corvus Gold Inc. announces an Exploration/Drilling Update report for its Western Zone deposit at the North Bullfrog project. Drilling results incl. 137.16m @ 0.45g/t Au, 1.15g/t Ag from 47.24m. Corvus Gold Inc. (“Corvus” or the “Company”) - (T | |
| Resources: | (Resource, Meas.): 3.86Mt @ 2.55g/t Au, 19.70g/t Ag at project | |
| CP/QP: | [Overall Report]: Jeffrey A. Pontius, Carl E. Brechtel (Internal) | |
| ABSTRACT: | Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, OTCQX: CORVF) announces results from an additional nine holes in the Western Zone (Table 1). These latest results continue to outline a broad zone of near surface, shallow mineralization over a strike length of at least 700 metres and over a width of at least 200 metres, which lies immediately west of the current designed pit perimeter (Figure 1). The Western Zone has two, broad, higher grade, and structurally controlled, stockwork quartz zones internally, with grades above the 0.52 g /t mill cutoff grade and is believed to have higher grade potential at depth. It appears the Western Zone remains open to the south, west and at depth and is an immediate follow-up drill target for further potential resource expansion. Jeff Pontius, President and CEO of Corvus said, “The follow-up results from our drilling on the Western Zone have been encouraging and are outlining what appears to be a potential expansion of the main deposit to the west under shallow gravel cover. As this zone is still open in many directions, its impact on any potential resource expansion is unconstrained at this point. For the past 4 weeks Corvus has been testing our first group of “New Discovery” targets away from the main deposit area and we are encouraged by the strength and size of the alteration systems we have been intersecting, with initial results expected in the next few weeks. We are of the view that the more we work and drill on the North Bullfrog project, the more potential emerges for a major discovery.” | |
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