By Big Al Yes, Corvus Gold is continuing to expand its Mother Lode Deposit
Corvus Gold Continues to Expand Mother Lode Deposit East, at Depth and West, Drilling 70.1 metres @ 1.45 g/t Gold
February 1, 2018
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Assay Highlights of West, East and Deep Extensions include:
Highlighted Mineralized intervals are calculated using a 0.3 g/t cutoff,
ML-17-038: 53.3 metres @ 1.57 g/t gold, including 12.2 metres @ 2.29 g/t gold
ML-17-042: 29 metres @ 2.02 g/t gold
ML-17-036: 44.2 metres @ 1.33 g/t gold including 18.3 metres @ 2.10 g/t gold
Vancouver, B.C… Corvus Gold Inc. (“Corvus” or the “Company”) – (TSX: KOR, OTCQX: CORVF) announces it has received assay results from the final eight drill holes from its 2017 Phase I drill program at its Mother Lode project in southern Nevada (Table 1). Results from the first drill hole to specifically target to the east of the deposit (ML17-42 with 28.95 m @ 2.02 g/t gold) has opened up an area which has not been directly drilled by Corvus, and has only seen shallow drilling from past historic exploration programs in the 1980’s.In addition, initial drill holes designed to extend the depth potential have returned encouraging results (ML17-36 with 44.19 metres @ 1.33 g/t gold beginning at 280.4 metres down hole).
Corvus initiated its Phase II 10,000 metre drill program on January 9th to explore the areas of mineralization that remain open to the North, East, and West and at Depth.
Western Extension
Hole ML17-039 demonstrates the continued western extension in the core area of the currently known deposit.The thick, high-grade interval in this drill hole (70.1 m @ 1.45 g/t Au) is encouraging, and the mineralization is open to the west. Previously only one historic drill hole had entered and ended in this zone, with the bottom 6.1 m @ 3.3 g/t gold.Corvus is currently drilling a north-south fence about 100 metres west of hole ML17-039 and down to west of hole ML17-036 which could lead to an expansion of the deposit to the west.
Eastern Extension
Two holes (ML17-041 & 042) were drilled to test the potential eastern extension of mineralization, where the key host-rock package thickens in an area with only shallow past exploration.This eastern target area has a limited number of drill holes, but is highlighted by intercepts such as ML17-042 with 29 m @ 2.02 g/t gold, ML17-037 with 12.2 m @ 2.69 g/t gold, ML17-011 with 10.7 m @1.78 g/t gold & 7.6 m @ 2.05 g/t gold and ML17-010 with 12.2 m @ 2.88 g/t gold. Corvus believes the results demonstrate that the system continues to the East and warrants follow-up drilling.
Depth Extension of the Mother Lode System
Hole ML17-036 drilled west of the central historic pit area has intercepted strong gold mineralization in the new west-dipping deep in-pit zone across the Fluorspar Canyon Fault zone in lower plate carbonates (44.2 m @ 1.33 g/t gold). Corvus believes this zone of high-grade mineralization is encouraging for expanding the mineralization zones of the Mother Lode deposit west along the Fluorspar Canyon …read more
Source:: The Korelin Economics Report
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