Corvus Gold Continues To Expand Open-ended Western Zone 

At North Bullfrog Project

 

VANCOUVER, BC - Corvus Gold Inc. reported results from an additional nine holes in the Western Zone. These latest results continue to outline a broad zone of near surface, shallow mineralization over a strike length of at least 700 meters and over a width of at least 200 meters, which lies immediately west of the current designed pit perimeter. The Western Zone has two, broad, higher grade, and structurally controlled, stockwork quartz zones internally, with grades above the 0.52 g /t mill cutoff grade and is believed to have higher grade potential at depth. It appears the Western Zone remains open to the south, west and at depth and is an immediate follow-up drill target for further potential resource expansion.

Jeff Pontius, President and CEO of Corvus said, "The follow-up results from our drilling on the Western Zone have been encouraging and are outlining what appears to be a potential expansion of the main deposit to the west under shallow gravel cover. As this zone is still open in many directions, its impact on any potential resource expansion is unconstrained at this point. For the past 4 weeks Corvus has been testing our first group of "New Discovery" targets away from the main deposit area and we are encouraged by the strength and size of the alteration systems we have been intersecting, with initial results expected in the next few weeks. We are of the view that the more we work and drill on the North Bullfrog project, the more potential emerges for a major discovery."

The mineralization intersected in the Western Zone is controlled by a large northeast trending structural zone which can be tracked for a strike length of nearly 1.5 kilometers. Drilling to date has tested about 1/2 the length of the Western Zone structural extent. The zone contains two discreet fault zones that host higher grade mineralization and display good continuity along strike. These zones have been intersected from near surface down to a vertical depth of about 150 meters which is the depth of the currently designed pit to the east.

Additional potential exists for one or more zones to develop to the west of the current drill area as illustrated in prior hole NB-17-329 with 38.1m @ 0.97 g/t gold from a new zone. In addition, exploration in 2014 tested a structural target some 300 meters west of the Western Zone and outlined a small higher grade resource whose expansion potential has yet to be followed up. The Western Zone and the large area of shallow gravel cover which could host a number of new zone of shallow, higher grade mineralization.