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Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) reported the first drill results from its Phase 1 drill program on the new Yellow Jacket high-grade gold-silver discovery at the North Bullfrog Project, Nevada: Hole NB-13-344 intersected vein material with visible gold averaged 10.7g/t gold and 10.4g/t silver over 8.3 metres, including 1.2 metres averaging 50 g/t gold and 36 g/t silver.
As quoted in the press release:
Hole NB-13-344 represents a 120 metre step out to the north of the previously defined 2012 high-grade discovery (NR12-14, May 23, 2012). A select prioritized section of hole NB-13-344 which intersected vein material with visible gold averaged 10.7g/t gold and 10.4g/t silver over 8.3 metres, including 1.2 metres averaging 50 g/t gold and 36 g/t silver (the remainder of the drill hole assays are pending).
Corvus Gold CEO Jeff Pontius said:
These early results show that the Yellow Jacket system has potential to expand into a major new high-grade gold-silver vein system with potential to add significant open pit tonnage of +1 g/t gold mineralization to the North Bullfrog mine plan. The similarity of our recent Yellow Jacket discovery to the historic 2.6 million ounce, Bullfrog Mine which is 8 kilometres south is very encouraging and highlights the exceptional potential of this emerging new gold District.
Click here to read the Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) press release
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