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Drilling at Corvus Gold’s Yellowjacket Deposit Hits 33 metres @ 4.14 g/t Gold

Investing News Network
Jan. 09, 2014 07:19AM PST
Gold Investing

Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) reported assay results from initial 3 core holes along the northern extension of the Yellowjacket deposit, and 2 core holes from the western extension of the Sierra Blanca deposit, at the North Bullfrog Project in Nevada. At the Yellowjacket deposit, drill hole NB-13-368 returned 33.3 metres at 4.14 g/t gold and is 140 metres along strike from the previously reported intersection.

Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) reported assay results from initial 3 core holes along the northern extension of the Yellowjacket deposit, and 2 core holes from the western extension of the Sierra Blanca deposit, at the North Bullfrog Project in Nevada. At the Yellowjacket deposit, drill hole NB-13-368 returned 33.3 metres at 4.14 g/t gold and is 140 metres along strike from the previously reported intersection.

As quoted in the press release:

In drill hole NB-13-361, located 50 metres up dip from NB-13-360, the main vein thinned as it approached the surface.  However, the stockwork around the vein returned 22.3 metres @ 0.82 g/t gold (Table 1, Figure 1).  The vein interval in drill hole NB-13-367, located 70 metres along strike from NB-13-361, is hosted by dacite which is generally a poor vein host and has limited vein width development.  However, the vein and stockwork combined returned an intercept of 17.2 metres @ 1.15 g/t gold at relatively shallow depths (Table 1, Figure 1).  NB-13-368 encountered a 2 metre wide vein with 27 g/t gold and good stockwork (Table 1).  The intercept in NB-13-368 is 600 metres along strike from the original discovery hole NB-12-138 (Figure 1).

Corvus Gold CEO, Jeff Pontius, said:

The remarkable consistency and expansion potential of the mineralization in the Yellowjacket deposit is encouraging for outlining a major new high-grade gold discovery here in Nevada.  In addition, the discovery of a new broad higher grade oxide gold-tellurium zone at Air Track Hill represents a completely new style of gold mineralization that bodes well for developing other new Yellowjacket type high-grade zones.  With the results of each new hole returned from North Bullfrog, our assessment of the potential of this new Nevada Gold District grows.

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

otcqx:corvf tsx:kor corvus gold inc
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