Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) reported that new drill results demonstrate the continuity of broad, high-grade mineralization on a new western structural zone where veining is even more intensely developed. The assay results from five core holes and two reverse circulation holes in the Yellowjacket Zone at the North Bullfrog Project, Nevada highlight the potential of expanding the high-grade mineralization to the west and to the north and south.
As quoted in the press release:
The high-grade intercepts in NB-13-353, 354 and 355, approximately 100 metres north of hole 347 (NR13-21, Sept. 5, 2013) and 350 metres north of hole 138 (NR12-20, July 24, 2012) show the significant continuity of veining and high-grade mineralization over broad widths on a new more NW-trending strand of the Yellowjacket fault system (Figure 1). This zone is characterized by broad (50 to 100 metres wide) zones of stockwork veining around a central (5-20 metre wide), high-grade banded vein, a style that is similar to the mineralization previously mined by Barrick in the open pit and underground workings at the Bullfrog Mine, 10 kilometres to the south. Mineralization consists of multistage epithermal quartz veins with native gold and silver sulphides. Similar veining has been intercepted in 6 holes with pending assays, thus extending the system over 100 metres more to the north and remaining open to the north and at depth. In addition, other broad zones of veining have been intersected in ongoing RC resource expansion drilling west of Yellowjacket, suggesting further high-grade potential within and below the current oxide deposit (planned to be followed up with core drilling later this fall).