The Conversation (0)
Corvus Gold Inc. (TSX:KOR,OTCQX: CORVF) reported results from the first two resource expansion Reverse Circulation (RC) holes on the North Sierra Blanca “Starter Pit” target: both holes encountered broad zones of characteristic alteration related to the North Bullfrog gold system and returned broad zones of mineralization similar to the original scout hole NB-12-119.
As quoted in the press release:
Both NB-13-219 (67m @ 0.52g/t gold) and NB-13-220 (44m @ 0.62g/t gold) show a normal stratigraphic section with the best grade mineralization developed in the middle Sierra Blanca Tuff unit which starts approximately 75 metres below surface to about 200 metres in depth. The 17m @ 1.05g/t gold intercept in NB-13-219 represents a structure that will be targeted with follow up core drilling for additional Yellow Jacket type high-grade mineralization. Also of interest is the presence of higher grade silver mineralization in the bottom of NB-13-220 (9.2m @ 10.09g/t silver). This could also reflect the presence of additional Yellow Jacket style mineralization in this area. Of importance, the grades of these holes are significantly higher than the average grade within the Sierra Blanca oxidized resource as outlined in the most recent PEA (NR-13-13, June 4, 2013).
Corvus Gold CEO Jeff Pontius said:
The results of the recent follow up holes in the North Sierra Blanca Starter Pit target are very encouraging and indicate significant potential to delineate a large higher grade deposit. The close association of the mineral system in this area with intrusive dome features is highly encouraging as it suggests we could be getting into the center of the system with not only potential for large bulk tonnage zones of higher grades but potential for additional high-grade systems like Yellow Jacket. The early results for the 2013 drill program at North Bullfrog have dramatically enhanced the project as a major new Nevada gold discovery.
Click here to read the Corvus Gold Inc. (TSX:KOR,OTCQX:,CORVF) press release
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