Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) announced the start of its Phase I 2016 drill program at the North Bullfrog Project, Nevada on April 11th.
The 5,000 metre reverse circulation (RC) drill program will focus on two main areas 1) Expanding the new high-grade NW Sierra Blanca target in the large unexplored area just west of the current Sierra Blanca deposit and; 2) Follow-up drilling to the new Lower Savage target and the West Jolly Jane fault approximately 500m directly south of the YellowJacket deposit (Figure 1). The program will be the first stage of follow-up on new geologic, structural and mineralization results from the 2015 exploration program.
Corvus Gold President and CEO, Jeff Pontius, stated:
The positive results from Corvus’ 2015 exploration program have outlined a number of high priority targets for 2016. The phase I drill program will begin by testing a new high-grade structural zone discovered last year at the NW Sierra Blanca target which has potential to host another YellowJacket type deposit. In addition we will be testing the new detachment style structural zones at the lower Savage target which we believe has potential to host a new style of high-grade mineralization. This targeted phase I drill program will address new areas for deposit expansion and what might be an entirely new deposit just below the existing resource area. The more exploration we do at North Bullfrog the greater the potential we unlock from this evolving new Nevada Gold district.