Corvus Gold Outlines 2016 Exploration Program to Build on New Discoveries from 2015 at the North Bullfrog Project, NV

Original announcement by tmx on

Company
Corvus Gold Inc.
Ticker
KOR
Exchange
TSX
Region
Nevada
Primary commodity
Gold
Secondary commodities
Silver, Copper
Document categories
Drill results, Resource update
Extracted
2026-08-23 20:16:56 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Corvus Gold has announced its 2016 exploration program for the North Bullfrog project in Nevada, focusing on follow-up drilling at several new high-grade targets. The company also provided a summary of its existing mineral resource estimates for both mill and heap leach processing.

Reasoning: The announcement outlines a significant 2016 exploration program and restates existing resource estimates, highlighting new high-grade potential at NW Sierra Blanca and Savage targets.

Positive factors

  • high-grade intercepts reported
  • expansion of known deposit area
  • multiple targets identified

Facts used in scoring: 21

Atlas analysis — Corvus Gold Inc.: Corvus Gold Outlines 2016 Exploration Program to Build on New Discoveries from 2015 at the North Bullfrog Project, NV. 3.5 g/t over 10.7 m; 1.3 g/t over 20 m; 5 g/t over 3.1 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: The release mentions blind certified standard reference materials, blanks, and replicate samples.

Evidence · text

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

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.

Evidence · text

“Jeffrey A. Pontius (CPG 11044), a qualified person as defined by National Instrument 43-101”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource estimate contains significant Inferred components.

Evidence · text

“an inferred resource of 1.48 Mt”

Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

Drill Results (21)

NB-15-282North Bullfrog Project · goldGrade: 5Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
NB-15-282
Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
5
Grade Unit
g/t
Intercept
3.1 m

Classification

Sample Type
drill
Group ID
NB-15-282:0-3.1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: 5 g/t gold over 3.1m is a strong intercept for this project type.

Positive factors

  • high-grade intercept

Evidence · text

“3.1 metres of 5 g/t gold”
NB-15-282North Bullfrog Project · silverGrade: 42Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
NB-15-282
Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
42
Grade Unit
g/t
Intercept
3.1 m

Classification

Sample Type
drill
Group ID
NB-15-282:0-3.1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: 42 g/t silver accompanies the gold intercept.

Positive factors

  • high-grade silver

Evidence · text

“42.0 g/t silver (Hole NB-15-282)”
NB-15-269North Bullfrog Project · goldGrade: 1.3Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
20 m

Classification

Sample Type
drill
Group ID
NB-15-269:0-20

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: 1.3 g/t gold over 20m provides good continuity.

Positive factors

  • significant width

Evidence · text

“20 metres of 1.3 g/t gold”
NB-15-269North Bullfrog Project · silverGrade: 1.8Grade Unit: g/tIntercept: 20 mView all details
Link to this fact

Identity

Hole ID
NB-15-269
Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
20 m

Classification

Sample Type
drill
Group ID
NB-15-269:0-20

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: Low grade silver byproduct.

Evidence · text

“1.8 g/t silver (Hole NB-15-269)”
NB-15-267North Bullfrog Project · goldGrade: 3.5Grade Unit: g/tIntercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
NB-15-267
Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
3.5
Grade Unit
g/t
Intercept
10.7 m

Classification

Sample Type
drill
Group ID
NB-15-267:0-10.7

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: 3.5 g/t gold over 10.7m is strong for this target.

Positive factors

  • high-grade stockwork

Evidence · text

“10.7m @ 3.5 g/t gold [NB-15-267]”
NB-15-266North Bullfrog Project · goldGrade: 1.9Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
NB-15-266
Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
1.9
Grade Unit
g/t
Intercept
6.1 m

Classification

Sample Type
drill
Group ID
NB-15-266:0-6.1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: 1.9 g/t gold over 6.1m is a solid intercept.

Evidence · text

“6.1m @ 1.9 g/t gold [NB-15-266]”
NB-15-273North Bullfrog Project · goldGrade: 2.05Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
NB-15-273
Project
North Bullfrog Project
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
2.05
Grade Unit
g/t
Intercept
3.1 m

Classification

Sample Type
drill
Group ID
NB-15-273:0-3.1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: 2.05 g/t gold over 3.1m is a strong intercept for the Savage target.

Positive factors

  • high-grade intrusive related

Evidence · text

“3.1m @ 2.05 g/t gold”
NB-15-273North Bullfrog Project · silverGrade: 178Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
NB-15-273
Project
North Bullfrog Project
Commodity
silver
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
178
Grade Unit
g/t
Intercept
3.1 m

Classification

Sample Type
drill
Group ID
NB-15-273:0-3.1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: 178 g/t silver is a significant byproduct grade.

Positive factors

  • high-grade silver

Evidence · text

“178 g/t silver”
NB-15-273North Bullfrog Project · copperGrade: 0.2Grade Unit: %Intercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
NB-15-273
Project
North Bullfrog Project
Commodity
copper
Region
usa_nv
Reported Region
Nevada
Ticker
KOR

Geometry

Grade
0.2
Grade Unit
%
Intercept
3.1 m

Classification

Sample Type
drill
Group ID
NB-15-273:0-3.1

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: 0.2% copper is a trace amount.

Evidence · text

“up to 0.2% copper”
Fact 10goldGrade: 2.55Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
2.55
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: Measured resource component for mill processing.

Evidence · text

“measured mineral resource of 3.86 Mt at an average grade of 2.55 g/t gold”
Fact 11silverGrade: 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
2016-02-23T00:00:00.000Z

Reasoning: Measured resource component for mill processing.

Evidence · text

“19.70 g/t silver, containing ... 2,445k ounces of silver”
Fact 12goldGrade: 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
2016-02-23T00:00:00.000Z

Reasoning: Indicated resource component for mill processing.

Evidence · text

“indicated mineral resource of 1.81 Mt at an average grade of 1.53 g/t gold”
Fact 13silverGrade: 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
2016-02-23T00:00:00.000Z

Reasoning: Indicated resource component for mill processing.

Evidence · text

“10.20 g/t silver, containing ... 593.6k ounces of silver”
Fact 14goldGrade: 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
2016-02-23T00:00:00.000Z

Reasoning: Inferred resource component for mill processing.

Evidence · text

“inferred resource of 1.48 Mt at an average grade of 0.83 g/t gold”
Fact 15silverGrade: 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
2016-02-23T00:00:00.000Z

Reasoning: Inferred resource component for mill processing.

Evidence · text

“4.26 g/t silver, containing ... 202.7k ounces of silver”
Fact 16goldGrade: 0.25Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
0.25
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: Measured resource component for heap leach processing.

Evidence · text

“measured mineral resource of 0.3 Mt at an average grade of 0.25 g/t gold”
Fact 17silverGrade: 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
2016-02-23T00:00:00.000Z

Reasoning: Measured resource component for heap leach processing.

Evidence · text

“2.76 g/t silver, containing ... 26.6k ounces of silver”
Fact 18goldGrade: 0.3Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
0.3
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: Indicated resource component for heap leach processing.

Evidence · text

“indicated mineral resource of 22.86 Mt at an average grade of 0.30 g/t gold”
Fact 19silverGrade: 0.43Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Ticker
KOR

Geometry

Grade
0.43
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: Indicated resource component for heap leach processing.

Evidence · text

“0.43 g/t silver, containing ... 316.1k ounces of silver”
Fact 20goldGrade: 0.19Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
KOR

Geometry

Grade
0.19
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: Inferred resource component for heap leach processing.

Evidence · text

“inferred mineral resource of 176.3 Mt at an average grade of 0.19 g/t gold”
Fact 21silverGrade: 0.67Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Ticker
KOR

Geometry

Grade
0.67
Grade Unit
g/t

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2016-02-23T00:00:00.000Z

Reasoning: Inferred resource component for heap leach processing.

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.