Corvus Gold Inc. ("Corvus" or the "Company") (TSX:KOR) is pleased to announce
that they have contracted Eklund Drilling Company, Inc. of Reno, Nevada to
undertake a 10,000 metre reverse circulation drilling program at the North
Bullfrog Gold Project, Nevada. Drilling is scheduled to begin in mid-October.
The North Bullfrog Project targets low-sulphidation epithermal-style gold
mineralization of a style similar to that at the Bullfrog mine operated by
Barrick Gold Corporation until 1998 and located 8 kilometres to the south.


Drilling will focus on expanding the current NI 43-101 estimated Indicated gold
resource of 2,202,000 tonnes at an average grade of 0.88 g/t (57,086 contained
ounces), plus an additional Inferred gold resource of 950,000 tonnes at an
average grade of 0.78 g/t (23,793 contained ounces), both at a cutoff grade of
0.5 g/t gold. The initial phase will test three primary targets areas: Sierra
Blanca, Jolly Jane and Connection, all of which have had past drilling in the
1990's when gold was at approx. USD 400 per ounce. This historic drilling, which
was undertaken by Barrick and Cordex Exploration Company, defined extensive
zones of low grade mineralization in thick volcanic units (To view Figure 1:
Overview of the North Bullfrog Project, please visit the following link:
http://media3.marketwire.com/docs/kor-map1.pdf). This target type is similar in
setting to the Round Mountain Gold Deposit located 150 miles to the north as
well as the historic Bullfrog gold mine. The program will test two other
priority target areas with significant gold mineralization in historic drill
holes and, as time permits, will also test some wildcat targets.


Priority Phase I Target Areas

Sierra Blanca

In the Sierra Blanca area both disseminated bulk tonnage and high-grade
vein-style targets are present. Historical drilling, including drilling by
International Tower Hill Mines Ltd. in 2007, has defined broad zones of gold
mineralization in the altered volcanics. In addition, vein mineralization is
present in the north-south trending structural zones that have hosted historic
high-grade production. Drilling will also target projections of the bulk tonnage
and high-grade zones under cover to the east and south of the main target area
in the Savage Valley.


Jolly Jane

Historical drilling in the Jolly Jane area in the 1990's by Barrick encountered
disseminated mineralization over wide intervals within favourable host
lithology. In addition, key deep structural zones have been identified and
targeted as possible high-grade feeders to the disseminated system.


Connection

The Connection Prospect has returned several 10-20 metre intercepts in the +1
g/t gold range in the historical drilling. Mineralization in the Connection
areas is hosted in a debris flow unit and has not been followed up since its
discovery in the 1990's. The Phase I work will address the confirmation of the
existing mineralization and initial testing of other new targets to the west.


About North Bullfrog

The North Bullfrog Project is owned 100% by Corvus and covers 24 square
kilometres of United States federal unpatented and leased patented claims
(Figure 1). The property is located near Beatty, Nevada, 8 kilometres north of
Barrick's former Bullfrog mine.


Gold was first discovered on the North Bullfrog property in 1904 and
approximately 112,000 ounces of gold and 869,000 ounces of silver were produced
from narrow high-grade veins. Historical exploration was focused on these high
grade veins and, in addition, on the broad zones of lower grade mineralization
hosted in adularia altered ash flow tuffs discovered during such initial
historical exploration.


The current exploration program will focus on both defining the large bulk
tonnage potential of the project as well as also testing favourable structural
projections of high-grade vein system which may be hidden under cover. The
Company's development concept is to develop multiple deposits (bulk tonnage and
high-grade) which can be feed into a central processing facility.


Qualified Person and Quality Control/Quality Assurance

Jeffrey A. Pontius (CPG 11044), a qualified person as defined by National
Instrument 43-101, has supervised the preparation of the scientific and
technical information that forms the basis for this news release and has
approved the disclosure herein. Mr. Pontius is not independent of Corvus, as he
is the Chairman and CEO and holds common shares and incentive stock options.


The work program at North Bullfrog was designed and supervised by Russell Myers,
President of Corvus and Mark Reischman, the Nevada Exploration Manager for
Corvus, who are together responsible for all aspects of the work, including the
quality control/quality assurance program. On-site personnel at the project
photograph the core from each individual borehole prior to preparing the split
core. On-site personnel at the project log and track all samples prior to
sealing and shipping. All sample shipments are sealed and shipped to ALS Chemex
in Reno, Nevada, or Vancouver, B.C., for assay. ALS Chemex's quality system
complies with the requirements for the International Standards ISO 9001:2000 and
ISO 17025:1999. Analytical accuracy and precision are monitored by the analysis
of reagent blanks, reference material and replicate samples. Quality control is
further assured by the use of international and in-house standards. Finally,
representative blind duplicate samples are forwarded to ALS Chemex and an ISO
compliant third party laboratory for additional quality control.


About Corvus Gold Inc.

Corvus Gold Inc. is a resource exploration company, focused in Alaska and
Nevada, which controls a number of exploration projects representing a spectrum
from early stage to the advanced gold projects. Corvus is committed to building
shareholder value through new discoveries and leveraging those discoveries via
partner funding into carried and or royalty interests that provide its
shareholders significant exposure to produced gold to maximize the value for
their investment.


On behalf of Corvus Gold Inc.

Jeffrey A. Pontius, Chairman and Chief Executive Officer

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking
information (collectively, "forward-looking statements") within the meaning of
applicable Canadian and US securities legislation. All statements, other than
statements of historical fact, included herein including, without limitation,
statements regarding the anticipated content, commencement and cost of
exploration programs, anticipated exploration program results, the discovery and
delineation of mineral deposits/resources/reserves, the potential for the
expansion of the estimated resources at North Bullfrog, the potential for the
operation of a central processing facility to treat North Bullfrog
mineralization, business and financing plans and business trends, are
forward-looking statements. Information concerning mineral resource estimates
also may be deemed to be forward-looking statements in that it reflects a
prediction of the mineralization that would be encountered if a mineral deposit
were developed and mined. Although the Company believes that such statements are
reasonable, it can give no assurance that such expectations will prove to be
correct. Forward-looking statements are typically identified by words such as:
believe, expect, anticipate, intend, estimate, postulate and similar
expressions, or are those, which, by their nature, refer to future events. The
Company cautions investors that any forward-looking statements by the Company
are not guarantees of future results or performance, and that actual results may
differ materially from those in forward looking statements as a result of
various factors, including, but not limited to, variations in the nature,
quality and quantity of any mineral deposits that may be located, variations in
the market price of any mineral products the Company may produce or plan to
produce, the Company's inability to obtain any necessary permits, consents or
authorizations required for its activities, the Company's inability to produce
minerals from its properties successfully or profitably, to continue its
projected growth, to raise the necessary capital or to be fully able to
implement its business strategies, and other risks and uncertainties disclosed
in the Information Circular of International Tower Hill Mines Ltd. dated July 9,
2010 in respect of the ITH Special Meeting held on August 12, 2010. All of the
Company's Canadian public disclosure filings may be accessed via www.sedar.com
and readers are urged to review these materials, including the technical reports
filed with respect to the Company's mineral properties.


Cautionary Note Regarding References to Resources and Reserves

National Instrument 43 101 - Standards of Disclosure for Mineral Projects ("NI
43-101") is a rule developed by the Canadian Securities Administrators which
establishes standards for all public disclosure an issuer makes of scientific
and technical information concerning mineral projects. Unless otherwise
indicated, all resource estimates contained in or incorporated by reference in
this press release have been prepared in accordance with NI 43-101 and the
guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum
(the "CIM") Standards on Mineral Resource and Mineral Reserves, adopted by the
CIM Council on November 14, 2004 (the "CIM Standards") as they may be amended
from time to time by the CIM.


United States shareholders are cautioned that the requirements and terminology
of NI 43-101 and the CIM Standards differ significantly from the requirements
and terminology of the SEC set forth in the SEC's Industry Guide 7 ("SEC
Industry Guide 7"). Accordingly, the Company's disclosures regarding
mineralization may not be comparable to similar information disclosed by
companies subject to SEC Industry Guide 7. Without limiting the foregoing, while
the terms "mineral resources", "inferred mineral resources", "indicated mineral
resources" and "measured mineral resources" are recognized and required by NI
43-101 and the CIM Standards, they are not recognized by the SEC and are not
permitted to be used in documents filed with the SEC by companies subject to SEC
Industry Guide 7. Mineral resources which are not mineral reserves do not have
demonstrated economic viability, and US investors are cautioned not to assume
that all or any part of a mineral resource will ever be converted into reserves.
Further, inferred resources have a great amount of uncertainty as to their
existence and as to whether they can be mined legally or economically. It cannot
be assumed that all or any part of the inferred resources will ever be upgraded
to a higher resource category. Under Canadian rules, estimates of inferred
mineral resources may not form the basis of a feasibility study or
prefeasibility study, except in rare cases. The SEC normally only permits
issuers to report mineralization that does not constitute SEC Industry Guide 7
compliant "reserves" as in-place tonnage and grade without reference to unit
amounts. The term "contained ounces" is not permitted under the rules of SEC
Industry Guide 7. In addition, the NI 43-101 and CIM Standards definition of a
"reserve" differs from the definition in SEC Industry Guide 7. In SEC Industry
Guide 7, a mineral reserve is defined as a part of a mineral deposit which could
be economically and legally extracted or produced at the time the mineral
reserve determination is made, and a "final" or "bankable" feasibility study is
required to report reserves, the three-year historical price is used in any
reserve or cash flow analysis of designated reserves and the primary
environmental analysis or report must be filed with the appropriate governmental
authority.


Caution Regarding Adjacent or Similar Mineral Properties

This news release contains information with respect to adjacent or similar
mineral properties in respect of which the Company has no interest or rights to
explore or mine. The Company advises US investors that the mining guidelines of
the SEC set forth in SEC Industry Guide 7 strictly prohibit information of this
type in documents filed with the SEC. Readers are cautioned that the Company has
no interest in or right to acquire any interest in any such properties, and that
mineral deposits on adjacent or similar properties are not indicative of mineral
deposits on the Company's properties.


This press release is not, and is not to be construed in any way as, an offer to
buy or sell securities in the United States.


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