Corvus Gold Inc. is engaged in the acquisition and exploration of gold-related mineral properties located in Alaska and Nevada.  As a spin off of International Tower Hill Mines, the company currently holds four prospective projects in Alaska and one project in Nevada ranging from early stage to advanced exploration.  Three of these projects have current National Instrument 43-101 compliant estimated Indicated and Inferred resources.

Corvus's mandate is to become a non-operating gold producer with significant carried interest and royalty exposure.  To meet this objective, the Company has joint ventures on each of its Alaskan projects and anticipates that these projects will have significant partner funded work taking place in 2011 with the potential for additional partner funded work for 2 - 4 years afterwards.  In Nevada , Corvus controls a 100% interest in the North Bullfrog Project which has a number of high priority, bulk tonnage and high-grade vein targets which was explored by a Phase I 17,820-metre drill program completed in June 2011 that resulted in an updated resource report in October 2011.  With a current size of 1.6M oz gold indicated and inferred resources, a preliminary economic assessment of the project is currently underway and is expected in Q1 of 2012.