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Corvus Gold Inc. (TSX:KOR) released the final assay results from the Yellow Jacket area of the 2012 phase 1 core drilling program at the North Bullfog Project in Nevada.

Corvus Gold Inc. (TSX:KOR) released the final assay results from the Yellow Jacket area of the 2012 phase 1 core drilling program at the North Bullfog Project in Nevada.

As quoted in the press release:

Final assays from hole NB-12-138 in the Yellow Jacket target area defined a thick mineralized zone around the previously discovered high grade vein (NR12-14, May 23, 2012) that has now expanded the overall intercept to 72.4 metres @ 1.74 g/t gold and 98.7 g/t silver or a gold equivalent* grade of 3.53 g/t (0.114 opt gold equivalent* over 237 feet), beginning at about 40 metres vertically below surface (Table 1).

Jeff Pontius, Corvus Gold CEO, commented:

This round of core drilling has opened the door to expanding the Yellow Jacket high-grade system as well as defining a new high-grade target in the Mayflower area 4 kilometres to the south. This ongoing exploration success coupled with our near-term mine development project and ongoing partner funded exploration in Alaska bodes well for adding significant shareholder value in the near future.

Click here to read the full press release.

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