Corvus Gold Inc. ("Corvus" or the "Company") - (TSX: KOR, OTCQX: CORVF) announces initial assay results from three core holes along the northern extension of the Yellowjacket deposit, and two core holes from the western extension of the Sierra Blanca deposit, at the North Bullfrog Project, Nevada. Drill hole NB-13-368 at the Yellowjacket deposit returned 33.3 metres @ 4.14 g/t goldand is 140 metres along strike from the previously reported intersection (NB-13-360, 9.6 metres @ 6.34 g/t gold - NR13-32, December 5, 2013). Corvus has now reported results from within the high-grade Yellowjacket deposit at approximately 50 metre spaced drill fences over a current strike length of approximately 600 metres, within a structural zone ranging from 100-150 metres in width and to a nominal depth of about 150 metres. The system remains open in all directions and indications from RC grid drilling to the west and northeast suggest additional vein zones may be present in those areas.
Corvus is awaiting assays from another 26 drill holes which are a mix of core and RC drilling testing the strike extension of the Yellowjacket deposit and two newly discovered vein systems between Yellowjacket and Air Track Hill (Figure 1). Significantly, gold-tellurium mineralization, typically associated with bonanza grade gold systems, has now been discovered at Air Track Hill, located over a kilometre to the southwest of the Yellowjacket deposit and at the southwestern edge of the limit of the existing Sierra Blanca drilling. This newly-discovered mineralization will be one of the focuses of the pending 2014 drilling program scheduled to begin at the end of January, 2014.
Yellowjacket Drilling
In drill hole NB-13-361, located 50 metres up dip from NB-13-360, the main vein thinned as it approached the surface. However, the stockwork around the vein returned 22.3 metres @ 0.82 g/t gold (Table 1, Figure 1). The vein interval in drill hole NB-13-367, located 70 metres along strike from NB-13-361, is hosted by dacite which is generally a poor vein host and has limited vein width development. However, the vein and stockwork combined returned an intercept of 17.2 metres @ 1.15 g/t gold at relatively shallow depths (Table 1, Figure 1). NB-13-368 encountered a 2 metre wide vein with 27 g/t gold and good stockwork (Table 1). The intercept in NB-13-368 is 600 metres along strike from the original discovery hole NB-12-138 (Figure 1).
About the North Bullfrog Project, Nevada
Corvus controls 100% of its North Bullfrog Project, which covers approximately 68 km² in southern Nevada just north of the historic Bullfrog gold mine formerly operated by Barrick Gold Corporation. The property package is made up of a number of leased patented federal mining claims and 758 federal unpatented mining claims. The project has excellent infrastructure, being adjacent to a major highway and power corridor.
About Corvus Gold Inc.
Corvus Gold Inc. is a resource exploration company, focused in Nevada and Alaska, which controls a number of exploration projects representing a spectrum of early-stage to advanced gold projects. Corvus is focused on advancing its 100% controlled Nevada, North Bullfrog project towards a potential development decision and continuing to explore for new major gold discoveries. Corvus is committed to building shareholder value through new discoveries and leveraging noncore assets via partner funded exploration work into carried and or royalty interests that provide shareholders with exposure to gold production.
SOURCE Corvus Gold Inc.
