Mother Lode Deposit Further Expand With Northern Most Hole

 

VANCOUVER, BC - Corvus Gold Inc. has received results from three additional holes, one being the northern most hole drilled to date and two along the eastern boundary of the Mother Lode deposit, Nevada. Results continue to show the deposit thickening with higher grade as the system progresses north (ML19-104 best hole drilled to date at Mother Lode with 126m @ 1.85 g/t gold). This most recent drill hole continues to outline a major new and expanding center of the deposit north of the existing resource. The eastern holes intersected gold in the favorable target horizon but grades and thicknesses were lower. Resource expansion drilling at Mother Lode is ongoing with 15,000 metres planned during the current phase.

The new North Deposit appears to be a major new zone of mineralization that could drive a new resource development program. Additionally, hole ML19-104 had thick intervals of underground type grades in the 4-6 g/t gold range with the bottom of the hole averaging almost 5 g/t gold. This hole along with holes ML18-093 (116m @ 1.8 g/t gold) and ML18-087 (114m @ 1.4 g/t gold) are defining a large new deposit north of the currently defined resource.

In addition to the ongoing drilling at Mother Lode, Corvus is preparing to launch its 2019 new discovery program targeting both sediment hosted deposits like Mother Lode and epithermal vein deposits like its YellowJacket deposit.

Jeff Pontius, President and CEO said, “The encouraging results developing from the new North Deposit at Mother Lode are very exciting as it represents another new covered target discovery in the District. The absence of diligent modern exploration in the Greater Bullfrog Region has created a significant district-wide exploration opportunity for all players in the District. We believe the Bullfrog District will emerge as a new, major gold-silver production center to rival any of those across Nevada and mining a full spectrum of gold deposit types.”

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