Corvus Gold Inc. (TSX:KOR,OTCQX:CORVF) reported results from eight additional reverse circulation holes drilled on the flanks of the existing Sierra Blanca deposit. Several holes encountered mineralization starting at or near surface, including Hole NB-13-234 on the northern flank of the Sierra Blanca ridge which encountered 117 metres of continuous mineralization from surface. These connect the mineralization in the main Sierra Blanca pit area with that in the new high-grade Yellowjacket and North Sierra Blanca Zones.
As quoted in the press release:
Holes NB-13-233 (47.2m @ 0.36 g/t gold), NB-13-238 (41.1m @ 0.39 g/t gold), NB-13-239 (39.6m @ 0.21g/t gold), and NB-13-240 (47.2m @ 0.26 g/t gold) encountered bulk tonnage/alteration associated low-grade oxide mineralization typical in this part of the deposit. These additional zones of mineralization both strengthen the Company’s confidence in the existing estimated resource and expand the area of known mineralization. It is anticipated these new results should have a favourable effect on the new resource estimate to be calculated following the 2013 drill program. In addition, NB-13-238 encountered a mineralized structure (12.2m @ 0.8 g/t gold) on the western flank of the ridge which warrants follow-up core drilling in search of other Yellowjacket-style high-grade veins to the west.