KOR Corvus Gold Inc

Corvus Gold Inc. ("Corvus" or the "Company") (TSX:KOR)(OTCQX:CORVF) announces
the commencement of a 2011 exploration work program at its Chisna Gold Project
in south-central Alaska. The Company has been informed by its joint venture
partner, Ocean Park Ventures Corp. ("Ocean Park"), that a program of drill
target definition is now underway at the Golden Range and Southwest Grubstake
targets discovered during the 2010 exploration program. The drill target
definition program includes detailed soil sampling, geological mapping and
structural analysis on anomalous areas focused on delineating specific drill
targets for a further drilling program in 2011.


As previously reported in news on January 18, 2011 (NR11-01), the Golden Range
target is defined by over 300 rock and soil samples taken across a 9 kilometre
by 2 kilometre area and shows largely continuous elevated gold values, with a
high value of 50.4 g/t gold. All rock samples taken over the target area average
0.60 g/t gold, with 29 of 151 samples returning over 100 ppb (0.10 g/t) gold.
Samples returning over 100 ppb gold are present across the entire 9 km strike
length of the Golden Range target. Out of 176 soil samples taken across the same
area, 71 samples returned greater than 100 ppb (0.10 g/t) gold with an average
of 0.23 g/t gold and a high value of 6.53 g/t gold. Of the balance, 42 samples
returned results between 0.05 g/t and 0.1 g/t gold and the remaining 63 samples
returned results between 0.003 g/t to 0.48 g/t gold.


The Southwest Grubstake target is defined by a mineralized trend with a mapped
strike in excess of 600 metres. A total of 19 rock samples taken from in-place
boulder trains and outcrop returned an average of 7.38 g/t gold, 8.82 g/t
silver, 0.91% lead and 0.16% zinc, with highs of 46.5 g/t gold, 29.8 g/t silver,
4.22% lead and 1.22% zinc across separate samples. Low samples had values below
detection.


About the Chisna Project 

The Chisna Project is focused on a new and emerging Alaskan copper-gold porphyry
belt of deposits with copper and gold mineralization associated with
mid-Cretaceous intrusions of similar age to the Pebble deposit to the west and
Orange Hill deposit to the east.


Corvus and its predecessor-in-title, International Tower Hill Mines Ltd., began
exploration on the project in 2006 and discovered the Grubstake porphyry copper
system in 2007. Beginning in 2010, the Chisna project is being operated as a
joint venture between Raven Gold Alaska Inc. (a subsidiary of Corvus) and Ocean
Park Alaska Corp. (a subsidiary of Ocean Park Ventures Corp.), with Ocean Park
earning 51% by contributing US$20 million in exploration expenditures over a 5
year period, thereby providing Corvus with a no-cost assessment of this belt.
Ocean Park may earn an additional 19% by producing a bankable feasibility that
delineates a mining project on the Chisna property that produces at least
300,000 gold equivalent ounces per year.


At present, the Corvus/Ocean Park joint venture controls over 232,000 acres of
either State of Alaska Mining Claims or land leased from Ahtna Corporation.


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
of early-stage to advanced gold projects. Corvus is committed to building
shareholder value through new discoveries and leveraging those discoveries via
partner funded exploration work into carried and or royalty interests that
provide shareholders with exposure to gold production.


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, business and financing plans
and business trends, are forward-looking statements. Although the Company
believes that such statements are reasonable, it can give no assurance that such
expectations will prove to be correct. In addition, information with respect to
the proposed activities of Ocean Park on the Chisna property has been provided
by Ocean Park (the operator of the Chisna joint venture) and, as such activities
are not within the control of the Company, the Company takes no responsibility
for the accuracy of such statements. 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 or any of its joint venture partners 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 or its joint venture partners may
produce or plan to produce, the inability of the Company or any of its joint
venture partners to obtain any necessary permits, consents or authorizations
required for its or their activities, the inability of the Company or any of its
joint venture partners to produce minerals from their properties successfully or
profitably, to continue its projected growth, to raise the necessary capital or
to be fully able to implement their respective business strategies, and other
risks and uncertainties disclosed in the Company's latest interim Management
Discussion and Analysis and filed with certain securities commissions in Canada.
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.


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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