Corvus Gold Begins Phase II Exploration Drill Program, North Bullfrog Project, Nevada

Original announcement by tmx on

Company
Corvus Gold Inc.
Ticker
KOR
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver, Mercury
Document categories
Drill results, Resource update
Extracted
2026-08-23 19:20:54 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Corvus Gold has commenced an 8,000-metre Phase II RC drill program at the North Bullfrog Project in Nevada, targeting resource expansion and new discoveries. The announcement also provides a comprehensive summary of the project's existing NI 43-101 compliant mineral resources for both mill and heap leach processing.

Reasoning: The company is launching a significant 8,000m drill program to expand existing high-grade resources and test new district-scale targets, supported by a substantial multi-category mineral resource.

Positive factors

  • Expansion of exploration program
  • Large existing resource base
  • High-grade discovery potential in new zones

Negative factors

  • Mercury values noted in some intercepts

Facts used in scoring: 15

Atlas analysis — Corvus Gold Inc.: Corvus Gold Begins Phase II Exploration Drill Program, North Bullfrog Project, Nevada. 3.3 g/t over 11.3 m; 1.26 g/t over 17.5 m; 1.03 g/t over 20 m

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release details specific QA/QC protocols including blind standards, blanks, and use of ALS Chemex.

Evidence · text

“Quality control is monitored by the insertion of blind certified standard reference materials and blanks”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimates are stated to be prepared in accordance with NI 43-101.

Evidence · text

“all resource estimates contained in or incorporated by reference in this press release have been prepared in accordance with NI 43-101”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Jeffrey A. Pontius and Carl E. Brechtel are named as Qualified Persons who have approved the disclosure.

Evidence · text

“Jeffrey A. Pontius (CPG 11044), a qualified person... has supervised the preparation... and has approved the disclosure”

Extracted facts

Stored fact records: 15. Some facts used in scoring do not have a stored record.

Drill Results (15)

NB-13-366goldGrade: 1.03Grade Unit: g/tIntercept: 20 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NB-13-366
Commodity
gold
Ticker
KOR

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
20 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2014-01-09T00:00:00.000Z

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Historical intercept mentioned as part of context for new drilling.

Positive factors

  • Consistent grade

Evidence · text

“20m of 1.03 g/t Au”
NB-13-366goldGrade: 1.26Grade Unit: g/tIntercept: 17.5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
NB-13-366
Commodity
gold
Ticker
KOR

Geometry

Grade
1.26
Grade Unit
g/t
Intercept
17.5 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2014-01-09T00:00:00.000Z

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Historical intercept mentioned as part of context for new drilling.

Positive factors

  • Consistent grade

Evidence · text

“17.5m @ 1.26 g/t Au”
Rhyolite VeingoldGrade: 3.3Grade Unit: g/tIntercept: 11.3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
Rhyolite Vein
Commodity
gold
Ticker
KOR

Geometry

Grade
3.3
Grade Unit
g/t
Intercept
11.3 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2014-09-04T00:00:00.000Z

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Historical high-grade intercept cited as context.

Positive factors

  • Strong grade

Evidence · text

“Rhyolite Vein 11.3m @ 3.3 g/t Au”
Fact 4goldGrade: 2.55Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
2.55
Grade Unit
g/t

Compositing

Cutoff Grade
0.52
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Part of the core mill-process resource.

Positive factors

  • Measured category
  • Strong grade

Evidence · text

“measured mineral resource of 3.86 Mt at an average grade of 2.55 g/t gold”
Fact 5silverGrade: 19.7Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Ticker
KOR

Geometry

Grade
19.7
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Byproduct silver in measured resource.

Positive factors

  • Significant silver content

Evidence · text

“19.70 g/t silver, containing ... 2,445k ounces of silver”
Fact 6goldGrade: 1.53Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
1.53
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Part of the mill-process resource.

Positive factors

  • Indicated category

Evidence · text

“indicated mineral resource of 1.81 Mt at an average grade of 1.53 g/t gold”
Fact 7silverGrade: 10.2Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Ticker
KOR

Geometry

Grade
10.2
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Byproduct silver in indicated resource.

Evidence · text

“10.20 g/t silver, containing ... 593.6k ounces of silver”
Fact 8goldGrade: 0.83Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
0.83
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Lower confidence category.

Negative factors

  • Inferred category

Evidence · text

“inferred resource of 1.48 Mt at an average grade of 0.83 g/t gold”
Fact 9silverGrade: 4.26Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Ticker
KOR

Geometry

Grade
4.26
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Byproduct silver in inferred resource.

Negative factors

  • Inferred category

Evidence · text

“4.26 g/t silver, containing ... 202.7k ounces of silver”
Fact 10goldGrade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
0.25
Grade Unit
g/t

Compositing

Cutoff Grade
0.15
Cutoff Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Part of the heap leach process resource.

Negative factors

  • Low grade

Evidence · text

“measured mineral resource of 0.3 Mt at an average grade of 0.25 g/t gold”
Fact 11silverGrade: 2.76Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Ticker
KOR

Geometry

Grade
2.76
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Byproduct silver in measured heap leach resource.

Evidence · text

“2.76 g/t silver, containing ... 26.6k ounces of silver”
Fact 12goldGrade: 0.3Grade Unit: %View all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
0.3
Grade Unit
%

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Large tonnage indicated resource for heap leach.

Positive factors

  • Large tonnage

Negative factors

  • Low grade

Evidence · text

“indicated mineral resource of 22.86 Mt at an average grade of 0.30 g/t gold”
Fact 13silverGrade: 0.43Grade Unit: %View all details
Link to this fact

Identity

Commodity
silver
Ticker
KOR

Geometry

Grade
0.43
Grade Unit
%

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Byproduct silver in indicated heap leach resource.

Evidence · text

“0.43 g/t silver, containing ... 316.1k ounces of silver”
Fact 14goldGrade: 0.19Grade Unit: %View all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
0.19
Grade Unit
%

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Extremely large but low-grade inferred resource for heap leach.

Positive factors

  • Massive tonnage

Negative factors

  • Inferred category
  • Very low grade

Evidence · text

“inferred mineral resource of 176.3 Mt at an average grade of 0.19 g/t gold”
Fact 15silverGrade: 0.67Grade Unit: %View all details
Link to this fact

Identity

Commodity
silver
Ticker
KOR

Geometry

Grade
0.67
Grade Unit
%

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2015-08-11T00:00:00.000Z

Reasoning: Byproduct silver in inferred heap leach resource.

Positive factors

  • Massive tonnage

Evidence · text

“0.67 g/t silver, containing ... 3,799.2k ounces of silver”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.