Corvus Gold Initial Resource Estimate for LMS Project in Alaska: 267,000 Ounces Gold @ 1.0 g/t in 8.32M tonnes

Corvus Gold (TSX:KOR,OTCQX:CORVF) reported its first Mineral Resource estimate for its non-core, 100% owned, LMS project in Alaska: 267,000 Ounces Gold @ 1.0 g/t in 8.32M tonnes. The resource estimate was calculated incorporating new drilling conducted by the Company’s prior JV partner.

As quoted in the press release:

This additional drill information and review allowed for a reinterpretation of the structural controls on the highest grade veins (713 g/t gold and 139 g/t silver over 1.8 metres in hole LM-06-29; Table 2) which suggests that previous drilling has left the potential of the project untested (Figure 2).

Corvus Gold CEO Jeff Pontius said:

This maiden resource and new high-grade target at our non-core LMS project represents the broad potential of the Corvus portfolio of projects and the proficiency of our exploration and discovery team. Although Corvus will not be initiating a follow-up exploration program in the near-term, the LMS project remains a future potential opportunity.

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