Lynnda Strip Discovery Core Hole Results Received
VANCOUVER - Corvus Gold Inc. has received initial core hole results from its new Lynnda Strip discovery east and west of the previously announced reverse circulation (RC) drill results approximately 2km’s north of the Mother Lode deposit. The new results include hole ML20-167CT with 111.05m @ 0.80 g/t gold & hole ML20-169CT with an upper zone intercept of 52.64m @ 1.39 g/t gold and a lower zone intercept of 80.07m @ 0.83 g/t gold. These results continue to display consistent, oxide, high-grade vein mineralization and broad zones of heap leach grade mineralization which supports a large target potential at Lynnda Strip.
In addition, Corvus has received results from its initial hole (RC) drilled into the South Merlin target about a half a kilometer to the west of the initial Lynnda Strip discovery with a 12.2m intercept of 0.61 g/t gold before the hole ended due to poor drilling conditions. This far western intercept is believed to be connected to the overall Lynnda Strip system which would make it over 800 meters wide. Given the broad width of the system and Coeur Mining Inc’s recently announced results to the south, Corvus believes the greater Lynnda Strip system has strong potential for further growth.
Jeffrey Pontius, President and CEO, said, “These new results from the initial Lynnda Strip core holes have now extended oxide gold mineralization to a depth of 600 meters or an overall thickness of over 300 meters. We are encouraged by the South Merlin results and the thickness potential defined by these recent deep core holes. The good heap leach recoveries of the mineralization and the scale of the system suggests good open pit potential as well. Corvus will continue the aggressive expansion of the Lynnda Strip system as well as test a number of new and highly attractive targets in the area. It is a very exciting time for Corvus and its shareholders as district wide exploration continues to expand and interest level increases.”