Corvus Gold is a junior exploration and development gold company led by an experienced management team that holds a nearly 10% 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.
The successful 2014 drill campaign has resulted in a new resource estimate and Preliminary Economic Assessment (PEA) for the North Bullfrog Project incorporating the new Yellowjacket high-grade discovery.
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 fully funded 2015 Core & RC drill program began in late April and will test multiple highly prospective targets across the concession to determine if additional high-grade Yellowjacket type systems are present.
Please Read our Cautionary Notes to Investors HERE Before Proceeding