Corvus Gold Intersects Over 250m of Mineralization Including 41m Averaging 0.68 g/t Gold

- October 24th, 2013

Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) intersected over 250 metres of mineralization in several intervals at the Sierra Blanca deposit on its North Bullfrog Project in Nevada. Hole NB-13-242 intersected 41 metres averaging 0.68 g/t gold from the surface and mineralization associated with stockwork veining between 27 and 38 metres yielded an intercept of 10.7 metres of 1.2 g/t gold.

  Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) intersected over 250 metres of mineralization in several intervals at the Sierra Blanca deposit on its North Bullfrog Project in Nevada. Hole NB-13-242 intersected 41 metres averaging 0.68 g/t gold from the surface and mineralization associated with stockwork veining between 27 and 38 metres yielded an intercept of 10.7 metres of 1.2 g/t gold.

As quoted in the press release:

Significantly, Hole NB-13-242 encountered over 250 metres of mineralization in several intervals, including 41 metres averaging 0.68 g/t gold from the surface (Table 1). Mineralization associated with stockwork veining between 27 and 38 metres yielded an intercept of 10.7 metres of 1.2 g/t gold. This represents an exciting new vein stockwork zone with similarities to the upper parts of the Yellowjacket high-grade style of mineralization occurring 200 metres to the west. Follow up core drilling on this newly identified vein system is scheduled to start imminently.

Hole NB-13-241 on the northern end of the Sierra Blanca ridge encountered over 180 metres of mineralization in two intervals (Table 1). Hole NB-13-243 encountered 90 metres of mineralization in two intervals. In all of these holes, oxidation extends to depths in excess of 300 metres, which is significantly deeper than previous estimates. These new results confirm that thickening zones of oxide mineralization extend from the previously defined currently proposed pit area to the new Yellowjacket high-grade zone, as well as defining new zones of higher grade mineralization to the west.

Corvus Gold Inc. CEO, Jeff Pontius, said:

These new drill results continue to expand and enhance the potential of the Sierra Blanca – Yellowjacket deposit. The increasing depth of oxidation and the definition of more high-grade, oxide vein potential hundreds of metres to the west of Yellowjacket could add significant potential to expand the existing resource. We are excited to begin the follow-up core drilling on these new vein discoveries and continue to expand the Yellowjacket system to the west. As we have seen from our ongoing drilling, the scale of the North Bullfrog system continues to grow, demonstrating significant potential to develop into a major new Nevada gold system.

Click here to read the Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) press release
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