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Corvus Gold was acquired by AngloGold Ashanti in January 2022 in a US$370 million cash deal, after which Corvus ceased to exist as an independent company. Its assets were folded into AngloGold’s U.S. portfolio, where North Bullfrog is now advancing through permitting and detailed engineering, with environmental reviews under way and revised plans aimed at reducing water use. AngloGold has projected first gold production around 2026, with expected output of roughly 117,000 ounces per year in the early mine life, marking a significant step toward consolidating and developing the Beatty gold district.
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