National Instrument 43-101 Disclosure
National Instrument 43-101 - Standards of Disclosure for Mineral Projects is a rule developed by the Canadian Securities Administrators, and applicable throughout Canada, which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects materials to the issuer. Corvus Gold Inc. adheres to the NI 43-101 standards, and provides the following information related to its mineral projects and Qualified Persons:
Jeffrey A. Pontius (CPG 11044), a qualified person as defined by NI 43-101, has supervised the preparation of the scientific and technical information (other than the North Bullfrog resource estimate and PEA) that forms the basis for the mineral project disclosure on this website and has approved the disclosure herein. Mr. Pontius is not independent of Corvus, as he is the CEO and holds common shares and incentive stock options.
Carl E. Brechtel, (Nevada PE 008744 and Registered Member 353000 of SME), a qualified person as defined by NI 43-101, has coordinated execution of the work outlined in this news release and has reviewed and approved the disclosure herein. Mr. Brechtel is not independent of Corvus, as he is the COO and holds common shares and incentive stock options.
North Bullfrog, June 16, 2015 43-101 PEA Technical Report (“Report”)
Mr. Stephen Batman, Principal Engineer at SBB Mining Solution LLC, is an independent consulting mining engineer specializing in mine design, production scheduling, pit optimization and equipment specification. He is acting as the Qualified Person, as defined in NI 43-101, for the mining methods section of the technical report. Mr. Batman has over 29 years of experience in the mining industry and is a Registered Member (#181580RM) of the Society for Mining, Metallurgy and Exploration, Inc. Mr Batman and SBB Mining Solution LLC are independent of the Company under NI 43-101.
Mr. William J. Pennstrom, Jr., a consulting process engineer and President of Pennstrom Consulting Inc., has acted as the Qualified Person, as defined by NI 43-101, for process operating cost estimation, project capital cost estimation and evaluation of the financial performance for the PEA. He has over 30 years of experience in mineral process design and operation, and has been an independent process and metallurgical consultant for the mining industry for the last nine years. He is a Registered Member of the Society of Mining, Metallurgy and Exploration (#2503900RM). Mr. Pennstrom and Pennstrom Consulting Inc. are both independent of the Company under NI 43-101.
Mr. Scott E. Wilson, CPG, President of Metal Mining Consultants Inc., is an independent consulting geologist specializing in Mineral Reserve and Resource calculation reporting, mining project analysis and due diligence evaluations. He is acting as the Qualified Person, as defined in NI 43-101, for the overall technical report, and the Mineral Resource estimate. Mr. Wilson has over 23 years’ experience in surface mining and is a Registered Member (#4025107RM) of Society for Mining, Metallurgy and Exploration, Inc. Mr. Wilson and Metal Mining Consultants, Inc. are independent of the Company under NI 43-101.
Mr. Herbert Osborne, SME, a consulting process engineer, has acted as the Qualified Person, as defined by NI 43-101, for evaluation of the metallurgical testing data portions of the Report, and process evaluation, process operating cost estimation, and process and infrastructure capital cost estimation and financial evaluation portions of the Report. He has over 50 years of experience in mineral process design and operations. He is a registered Member of the Society of Mining, Metallurgy and Exploration (SME Member No. 2430050 RM). Mr. Osborne is independent of the Company under NI 43-101.
Quality Control/Quality Assurance
The work program at North Bullfrog was designed and supervised by Mark Reischman, Corvus’ Nevada Exploration Manager, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project log and track all samples prior to sealing and shipping. Quality control is monitored by the insertion of blind certified standard reference materials and blanks into each sample shipment. All resource sample shipments are sealed and shipped to ALS Chemex in Reno, Nevada, for preparation and then on to ALS Chemex in Reno, Nevada, or Vancouver, B.C., for assaying. ALS Chemex’s quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Finally, representative blind duplicate samples are forwarded to ALS Chemex and an ISO compliant third party laboratory for additional quality control.
The most recent work programs at the Company’s Chisna, LMS and West Pogo projects have been carried out by the Company’s existing or former optionees/joint venture partners, and have been, or are, the responsibility of such optionees/joint venture partners and not of the Company.