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Corvus Gold Inc.
Summary
| Project: | North Bullfrog | |
|---|---|---|
| Deposit: | YellowJacket | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 11/29/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-11-2016: Corvus Gold Inc. announces an Exploration/Drilling Update report for its YellowJacket deposit at the North Bullfrog project. Drilling results incl. 170.69m @ 0.60g/t Au, 1.9g/t Ag from 131.06m. Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the | |
| 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 initial results from the 2016 phase II drill program at its North Bullfrog property in Nevada (Table 1). The initial two holes were targeted for expansion potential at the north end of the YellowJacket system, both at depth and laterally to the current deposit (Figure 1). Drill hole NB16-314 intercepted the broadest gold mineralization discovered to date at the YellowJacket deposit with 170.7 metres @ 0.60 g/t gold, including new depth extensions to the West Splay Vein (6.1 metres @ 2.8 g/t gold) and the main YellowJacket Vein (10.7 metres @ 2.4 g/t gold). These new intercepts indicate that the YellowJacket and the surrounding new vein systems at Liberator and NWSB may be strengthening to the north, in the area which is the focus of the ongoing phase II resource expansion drill program. Jeff Pontius, President and CEO of Corvus said, “The initial results from our Phase II drilling are encouraging and strongly support our focus on the importance of the major structural intersection at the north end of the YellowJacket deposit. We believe that the broad zone of gold mineralization along with the large recently discovered rhyolite body in this area are indicators that the target may have potential. The new zones at Swale, NWSB & Liberator are all on the edge of the existing pit design where more drilling is planned in order to determine whether there is potential for an expansion of our existing deposit.” | |
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