Corvus Gold (TSXV: KOR; US-OTC: CORVF) has discovered a new gold mineralized zone below the company’s Mother Lode deposit, located 165 km northwest of Las Vegas in the Walker Lane gold belt in Nevada.
Discovery hole 19-123CT, in the deposit’s Central Intrusive zone, intersected 126 metres grading 2.6 grams gold per tonne, including 15 metres grading 8.9 grams gold per tonne and 25 metres grading 4.9 grams gold per tonne, starting from 377 metres downhole.
“The drill results demonstrate the significant potential of the Central Intrusive Zone,” Jeffrey Pontius, president and CEO of Corvus, said in an interview. “We are now evaluating further core samples from this exciting new target, as well as continuing with our ongoing exploration to expand mineralization at the Mother Lode deposit.”
The Central Intrusive zone (CIZ) is an oxidized intrusive dike swarm 200-300 metres thick that lies 55 metres below the Mother Lode deposit, Pontius said.
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