Corvus Gold Continues Western Expansion of Mother Lode Deposit

 

VANCOUVER - Corvus Gold Inc. has received latest results from the initial three, western resource expansion holes from Phase III drilling at the Mother Lode deposit.  Results continue to show high potential for expanding the deposit to the west and north along the Fluorspar Canyon Fault Zone (FCF).  As with earlier holes in the western part of the deposit, gold mineralization generally extends to the bottom of the holes, which the Company believes suggests additional potential at depth.

Gold mineralization in hole ML18-087 (41.1m @ 1.32 g/t Au & 47.3m @ 2.15 g/t Au) and the up-dip intersection in hole ML18-083 (65.5m @ 1.53 g/t Au, NR18-17) and northern hole ML18-093 (115.8m @ 1.83 g/t Au, NR19-01) continue to define what appears to be a new center of mineralization to the north.  Additionally, results from ML18-087 continues to support the target for the corresponding down dropped West Mother Lode zone at depth to the west of the FCF.  This area remains open in all directions. 

Additional follow-up holes have been completed to the southwest along the FCF with results pending and further drilling in progress.  The Phase III, western deep core drilling program is scheduled to start in the coming months, targeting what could be the other half of the Mother Lode deposit west along the FCF.  If this exploration is successful the Company believes that the potential deposit expansion could be extensive.    

Jeff Pontius, President and CEO said, “These western holes are very encouraging for the continued expansion of the Mother Lode deposit and strongly support our initial deep western exploration.  The potential of finding another Mother Lode deposit to the west at depth is exciting and continues to point to the opportunity the exploration program offers to the Corvus shareholders.  Given the style of mineralization at Mother Lode and our continued drilling success, the ultimate potential of the system could be much larger than our initial expectations.”

Corvus controls 100% of its North Bullfrog Project, which covers approximately 86.6 km2 in southern Nevada.  The property package is made up of a number of private mineral leases of patented federal mining claims and 1,057 federal unpatented mining claims.  The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water right. The Company also controls 445 federal unpatented mining claims on the Mother Lode project which totals approximately 36.5 km2 which it owns 100%.  The total Corvus Gold 100% land ownership now covers over 123.1 km2, hosting two major new Nevada gold discoveries.

The company’s address is Suite 1750, 700 West Pender Street, Vancouver, BC V6C 1G8, (604) 638-3246, www.corvusgold.com.