The Conversation (0)
Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) reported that five additional reverse circulation (RC) holes from the ongoing 2013 drill program in the North Sierra Blanca area (NSB), North Bullfrog Project, Nevada demonstrated good continuity of mineralization significantly higher grade than the currently modelled Sierra Blanca pit. A new vein system discovery was identified and indicated the potential for another major high-grade system within the resource expansion area.
As quoted in the press release:
Hole NB-13-222 was drilled to a depth of 375 metres and represents the deepest hole drilled at the North Sierra Blanca area. Significantly, the lower intersection of NB-13-222 ended in mineralization (12.2m @ 1.14 g/t gold & 2.08 g/t silver) which was associated with extensive quartz stockwork veining similar in character to the proximal stockwork zones around the high-grade feeders of the Yellow Jacket Zone 200 metres to the east. Subsequent core drilling is being planned to further delineate this newly discovered vein system.
Corvus Gold CEO Jeff Pontius said:
These new encouraging results which represent only 5 of first 20 holes planned for this area, continue to reinforce the expanding potential of the North Bullfrog property. The occurrence of multiple structural zones with significant veining and higher grades is highly encouraging for defining more Yellow Jacket type zones in the future which could fundamentally enhance the grade of the overall deposit and its valuation.
Click here to read the Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) press release
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