|Corvus Gold Inc. is a well-financed junior exploration and development gold company led by an experienced management team that holds a near 10% equity stake. Corvus Gold main focus and efforts is in the advancement of its 100% owned Nevada, North Bullfrog project. Advantages of the newly discovered gold project include an adjacent major highway, power corridor, nearby skilled workforce and a large 68 sq. km and package in a mining friendly jurisdiction.|
Corvus main focus has been on the Yellowjacket deposit a new high-grade gold, silver open pit target. During the 2012 drill season, Hole NB-12-138 intersected 72.4 metres of 1.74 g/t gold and 98.7 g/t silver including 4.3 metres of 20.0 g/t gold and 1,519 g/t silver. This immediately put Yellowjacket as a priority target for the 2013 follow-up program. Subsequent drilling has now outlined a high-grade system that stretches approximately 800 metres along strike and from 40 metres below surface to a nominal depth of 120 metres with the system still open along strike to the North and South as well as at depth. Highlights of the follow-up drilling include:
Hole NB-13-356, intersected 29.4 metres of 6.9 g/t gold and 23 g/t silver
Hole NB-13-362, intersected 35.0 metres of 4.0 g/t gold and 17 g/t silver
Hole NB-13-370, intersected 41.7 metres of 4.9 g/t gold and 30 g/t silver
Hole NB-14-378, intersected 9.2 metres of 18.0 g/t gold and 260 g/t silver
Hole NB-14-391, intersected 17.6 metres of 8.5 g/t gold and 34 g/t silver
The 2014 drill campaign will continue to focus at the Yellowjacket deposit to determine the strike extent and depth of the system and will result in an updated resource estimate in 2015.