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gold investing

Corvus Gold Drills 94.5 m @ 1.2 g/t Gold, Extends Mother Lode Sediment Hosted Gold System to at Least 450 Metres Along Strike

Written by Priscila Barrera
|
Dec. 12, 2017 08:39AM PST

Corvus Gold Inc. (“Corvus” or the “Company”) – (TSX:KOR)(OTCQX:CORVF) announces it has received assays results from eight new drill holes at its Mother Lode project in southern Nevada (Table 1). The latest results include the first few holes drilled to define the Northern extension of the Mother Lode deposit, continuing to confirm and expand this …

Corvus Gold Inc. (“Corvus” or the “Company”) – (TSX:KOR)(OTCQX:CORVF) announces it has received assays results from eight new drill holes at its Mother Lode project in southern Nevada (Table 1). The latest results include the first few holes drilled to define the Northern extension of the Mother Lode deposit, continuing to confirm and expand this new, large sediment hosted gold system (Figure 1).
As quoted in the press release:

Jeff Pontius, President and CEO of Corvus states “These latest results continue to expand the Mother Lode gold deposit with multiple thick 30-50 metre intervals of +2 g/t gold, with the expansion to the north beyond our original exploration target. The thick mineralization being intersected at the north end of the deposit is now outlining a second center of intrusive activity with associated, broad high-grade mineralization which has lead to Corvus expanding its planned 2018 drill program. With our recent financing, this expanded 2018 program is now full funded with flexibility for further expansion. As with most sediment hosted, intrusion related deposits in Nevada, this new discovery is showing great continuity and growth potential and could develop into a major new gold deposit in its own right.”

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