Hits 42.7 Metres @ 2.06 g/t Gold In Eastern Bullfrog
Corvus Gold Inc. (TSX: KOR) has received additional promising results from its new Lynnda Strip discovery east and west of the previously announced discovery hole ML20-168 (NR20-17: 106.7m @ 0.71g/t gold & 48.8m @ 0.90 g/t gold).
The new oxide, vein intersections are within broad zones of lower-grade disseminated mineralisation highlighted by an Upper Zone vein in hole ML20-170 (42.7m @ 2.06 g/t gold including 12.2m @ 4.88 g/t gold) and a Lower Zone vein in hole ML20-166 (33.5m @ 1.63 g/t gold including 7.6m @ 3.96 g/t gold).
These thick zones of mineralisation continue to display a gold system thickness of 150-200 metres that all end in mineralization indicating additional potential at depth.
Jeffrey Pontius, President and CEO, said Corvus believes that ongoing core drilling at Lynnda Strip has shown the system could extend an addition 100m below the initial RC drill holes announced to date with oxidation that could be excess of 500m deep.
The dimensions of the Lynnda Strip system is in excess of 500m East-West and is displaying a system thickness that could be in excess of 200 metres. As like other systems in the Bullfrog District that are related to North-South trending structural zones, the potential strike extent could be multiples of the currently known width.
“These new results from Lynnda Strip along with the deep extension of the gold system that we see in the on-going core drilling programme is outlining a large new discovery of a deeply oxidised heap leach deposit. Corvus’ continued assessment and definition of its size and quality will be a major interest driver for the District,” Mr Pontius said.
“The Lynnda Strip target is blind, under non-mineralised cover, resembling all major discoveries made in the District to date and reinforces the exploration potential of this area. When looked at in the context of other western Nevada major, volcanic related gold systems like Round Mountain and Comstock, we could be just scratching the surface of the potential of this re-emerging Nevada Gold District.”
