Date: March 25, 2020
Corvus Gold is a North American gold exploration and development company. They are focusing on its near-term gold-silver mining project at the North Bullfrog and Mother Lode Districts in Nevada. Furthermore, the Company is set to transform the area into the next big Nevada gold district. Corvus is committed to building shareholder value. In fact, they do so through new discoveries and the expansion of its projects to maximize share price leverage in an advancing gold and silver market.
Corvus controls 100% of its North Bullfrog Project, which covers approximately 90.5 km2 in southern Nevada. Additionally, a number of private mineral leases of patented federal mining claims and 1,134 federal unpatented mining claims make up the property package. The project has excellent infrastructure. It's adjacent to a major highway and power corridor as well as a large water right. Corvus also controls 445 federal unpatented mining claims on the Mother Lode project. This totals approximately 36.5 km2 which it owns 100%. The total Corvus 100% land ownership now covers over 127 km2, hosting two major new Nevada gold discoveries.
The combined Mother Lode and North Bullfrog Projects contains a Measured Mineral Resource for the mill of 9.3 Mt at an average grade of 1.59 g/t gold, containing 475 k ounces of gold and Indicated Mineral Resources for the mill of 18.2 Mt at an average grade of 1.68 g/t gold containing 988 k ounces of gold and an Inferred Mineral Resource for the mill of 2.3 Mt at an average grade of 1.61 g/t gold containing 118 k ounces of gold.
In addition, the project contains a Measured Mineral Resource for oxide, run of mine, heap leach of 34.6 Mt at an average grade of 0.27 g/t gold containing 305 k ounces of gold and an Indicated Mineral Resource for, oxide, run of mine, heap leach of 149.4 Mt at an average grade of 0.24 g/t gold containing 1,150 k ounces of gold and an Inferred, oxide, run of mine, heap leach Mineral Resource of 78.7 Mt at an average grade of 0.26 g/t gold containing 549 k ounces of gold.
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