Drilling Delineates High Grade Gold Intercepting

VANCOUVER, BC - Corvus Gold Inc. reported the latest results from its 2014 drilling program at the North Bullfrog Project in Nevada. The 2014 drill program successfully extended the Yellowjacket deposit to the north and at depth as well as expanding the new high-grade, Gap Shoot Zone to 350 meters along strike.  In addition new detailed Yellowjacket information is being integrated into a new and aggressive, District wide, exploration drill program for 2015 to further delineate high grade gold mineralization and identify new deposits in highly prospective areas of the property.

Highlights include: Hole NB-14-418, a broad high-grade intercept (37.7 meters of 4.1 g/t gold and 75.4 g/t silver) with significant silver that extends the previously discovered Gap Shoot Zone to the north; Hole NB-14-415 (54.6 meters with 2 g/t gold and 6.2 g/t silver) tested the zone about 200 meters down dip from the surface; Hole NB-14-411 (3.7 meters with 5.7 g/t gold and 19.2 g/t silver) extends the known mineralization of the Josh Vein system 50 meters north and 50 meters up dip from any previous drilling to date and Holes NB-14-408 (15.9 meters with 1.3 g/t gold and 4.6 g/t silver) and NB-14-409 (29.6 meters with 1.4 g/t gold and 2.7 g/t silver) tested the main Yellowjacket system approximately 225 meters down dip from the surface confirming its open at depth.

Jeff Pontius, CEO of Corvus Gold Inc. said, The continuity of mineralization in the main Gap Shoot Zone demonstrates the high-grade potential of the project and could have a positive impact on the upcoming resource update. The high-grade gold intercepts in the Yellowjacket target area will form the foundation for a new mine plan of our PEA analysis scheduled for Q2, 2015. Our comprehensive work on the Yellowjacket system and our extensive surface exploration program in 2014 has now delineated several high priority exploration targets within the District with potential for other YellowJacket type discoveries. Initial testing of these exploration targets will begin this spring and carry on through the year which will continue to add to the potential on this exciting new Nevada high-grade gold-silver discovery.