Corvus Gold is a junior exploration and development gold company led by an experienced management team that holds a large equity stake. The Company’s main focus and efforts is in the advancement of its 100% owned North Bullfrog project - a new Nevada gold discovery. Advantages of the project include an adjacent major highway, power corridor, nearby skilled workforce and a large 75 km² land package in a mining friendly jurisdiction.
A new resource estimate and Preliminary Economic Assessment (PEA) for the North Bullfrog Project incorporating the new YellowJacket high-grade discovery was released in mid-2015.
Highlights of the PEA can be found HERE include:
- NPV(5% post-tax): $246M USD at $1,200 gold, IRR of 38%
- Cash cost per gold ounce of $635
- Total ounces produced as 1.19M ounces gold, 2.48M ounces silver
The 2016 drill program commenced mid-April and will follow-up on several prospective targets discovered from the 2015 program to determine if additional high-grade YellowJacket type systems are present.
Please Read our Cautionary Notes to Investors HERE Before Proceeding