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Corvus Gold Inc. (TSX:KOR) began the second phase of development activities on the North Bullfrog Project’s Mayflower deposit in Nevada. The project consists of approximately 5,000 meters and 37 holes.
Corvus Gold Inc. (TSX:KOR) began the second phase of development activities on the North Bullfrog Project’s Mayflower deposit in Nevada. The project consists of approximately 5,000 meters and 37 holes.
As quoted in the press release:
The phase 2 program at the Mayflower deposit includes: (1) grid pattern drilling to complete the conversion of inferred to indicated resources; and (2) developing both engineering and baseline characterization data to support design of a surface mining operation with a heap leach recovery process. An updated resource summary and preliminary economic assessment( PEA) is expected in Q4. Subsequently, the completion of a feasibility study on the Mayflower deposit is scheduled for early 2013.
COO of Corvus, Carl Brechtel, commented:
Interralogic’s extensive success and experience in mine design and recovery optimization from projects throughout the world and in Nevada make them an excellent choice to undertake the Mayflower design. Corvus is highly encouraged with recent results and we look to continue to add the key elements necessary in order to achieve our accelerated gold production plan at North Bullfrog.
Click here to read the full press release.
