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Corvus Gold Outlines 2016 Exploration Program to Build on New Discoveries from 2015 at the North Bullfrog Project
Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) announced its planned exploration program for the North Bullfrog project, Nevada.
Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) announced its planned exploration program for the North Bullfrog project, Nevada.
As quoted in the press release:
The initial thrust of the 2016 program will be to follow-up on a new potential high-grade gold discovery adjacent to the peripheral boundaries of the proposed pits as outlined in the Preliminary Economic Assessment( PEA) released last year (NR15-06, June 16, 2015) and to delineate other prospective new discoveries from the 2015 drill program.
At the NW Sierra Blanca target, a new potential high-grade gold discovery was identified late in the 2015 drill program. Due to the proximity to the existing pit outline at Sierra Blanca, a new discovery at this location could further augment the proposed oxide mill & heap leach operation as outlined in the PEA. Other notable new discoveries from the 2015 drill program will be priority follow-up targets in the 2016 program and include the Savage & North Jolly Jane targets. Surface exploration and modeling work is ongoing for these initial targets with drilling scheduled to begin in mid-April with the initial phase totalling approximately 5,000 metres.
Corvus Gold CEO, Jeffrey Pontius, stated:
The success of Corvus’ 2015 exploration and development work has set the stage for an exciting year of new and expanded discoveries. With our 2015 PEA and several new exploration discoveries from across the District, the Company believes it is increasing the potential of the North Bullfrog property. Corvus hopes to continue to unlock North Bullfrog’s value as we further define these and potentially make other new discoveries over the course of the year.
Connect with Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) to receive an Investor Presentation.
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