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.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1801.89 | +0.36 | |
| Silver | 20.82 | +0.02 | |
| Copper | 3.68 | -0.03 | |
| Palladium | 2224.19 | +14.20 | |
| Platinum | 965.47 | +2.48 | |
| Oil | 91.88 | -2.46 | |
| Heating Oil | 3.51 | +0.03 | |
| Natural Gas | 8.78 | -0.09 | |