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Corvus Gold Inc. - KOR STOCK NEWS

Welcome to our dedicated page for Corvus Gold news (Ticker: KOR), a resource for investors and traders seeking the latest updates and insights on Corvus Gold stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Corvus Gold's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Corvus Gold's position in the market.

Rhea-AI Summary

Corvus Gold announces significant results from four drill holes at the Lynnda Strip oxide gold discovery in Nevada. Notable results include ML20-186 with 108.2m at 1.13 g/t Au, and ML20-188 with 114.3m at 0.96 g/t Au. The discovery shows strong continuity and is suitable for open-pit mining. An initial mineral resource estimate is planned for fall 2021. Corvus aims to enhance shareholder value while exploring additional targets in the Bullfrog District. The company continues to position itself as a key player in gold production in the region.

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3.13%
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Corvus Gold Inc. (KOR) announced promising drilling results from the Central Intrusive Zone (CIZ) at its Mother Lode project. Drill hole ML20-162CT revealed high-grade gold intercepts, including 34.7m at 4.24 g/t and additional significant zones. The total downhole length of the high-grade zones was 196.7 meters, indicating potential for further depth extension. The findings suggest a deeper, hotter gold system that could enhance mining potential. The company continues to expand its resources in a key Nevada gold belt, indicating strong growth prospects for shareholders.

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Rhea-AI Summary

Corvus Gold Inc. (TSX: KOR, NASDAQ: KOR) has announced significant drill results from its Lynnda Strip oxide gold discovery. Notably, drill hole ML20-171CT revealed a substantial upper interval of 204.5m at 1.36 g/t gold, with high-grade values including 37.3m at 5.39 g/t and a central vein at 10.5m at 9.99 g/t. This discovery suggests a large, continuous gold system extending over 700 meters in width. The ongoing drilling program indicates potential for further resource definition, with 20 additional holes planned to assess a 1 km area.

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Corvus Gold Inc. (KOR) has announced encouraging drilling results from the Northern, High-Grade Feeder Zone at its Mother Lode project. Notably, hole ML20-160CT yielded 86.9m @ 1.65 g/t gold, including 56.4m @ 2.34 g/t gold. Similarly, hole ML20-176CT intersected 110.8m @ 1.68 g/t gold, with a peak of 58.7m @ 2.47 g/t gold. The results indicate an expanding high-grade mineralization zone. The upcoming mineral resource estimation is anticipated for fall 2021, which will factor in drilling from August 2020 to June 2021, reinforcing positive outlooks for future gold deposits.

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Corvus Gold Inc. has announced an At The Market (ATM) Offering Agreement with H.C. Wainwright & Co. for the sale of common shares on the Nasdaq, allowing for up to US$12.6 million in gross sales over 12 months. Shares will be sold at market prices, and the offering will be conducted via a prospectus supplement expected to be filed on February 1, 2021. The Company will pay Wainwright a 3% commission on sales. The ATM Agreement will not involve sales in Canada.

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5.22%
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Corvus Gold has announced positive initial core hole results from its Lynnda Strip discovery near the Mother Lode deposit. Hole ML20-167CT reported 111.05m @ 0.80 g/t gold, while ML20-169CT revealed two notable intercepts: 52.64m @ 1.39 g/t gold and 80.07m @ 0.83 g/t gold. These findings suggest significant mining potential and an extensive mineralization system. Additionally, Ron Largent has transitioned to Executive Chairman, enhancing the company's operational leadership. Corvus aims to expand the Lynnda Strip system and explore new targets.

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Corvus Gold reported promising results from its recent drilling at the Northern High-Grade Feeder Zone of the Central Intrusive Zone (CIZ). Hole ML20-165CT yielded 130.5 meters at 2.33 g/t gold, including 27.7 meters at 4.46 g/t gold. This discovery indicates potential expansion of the Mother Lode gold system. The mineralization aligns with the dike/breccia system of the CIZ and suggests continuity in gold and silver deposits. Corvus plans to further explore this area, particularly along the Fluorspar Canyon Fault, enhancing its strategic position in the Bullfrog District.

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Corvus Gold Inc. (TSX: KOR, NASDAQ: KOR) announced the filing of NI 43-101 technical reports for its North Bullfrog and Mother Lode Projects in Nevada on November 23, 2020. These reports, prepared by independent experts, are now accessible via the company's website and SEDAR. The North Bullfrog Project covers approximately 90.5 km2 and the Mother Lode Project spans about 36.5 km2, both under full ownership by Corvus. The projects showcase the potential for significant gold discoveries in a region with established infrastructure.

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Corvus Gold Inc. (KOR) has announced additional findings from its Lynnda Strip discovery, revealing significant gold intersections in new drill holes. Notably, hole ML20-170 reported 42.7m at 2.06 g/t gold, including 12.2m at 4.88 g/t gold. The discovery indicates a broader gold system with a thickness of 150-200 meters, extending potential mineralization depth to 500 meters. As exploration continues, Corvus aims to assess the full extent of this promising site, which could evolve into a major heap-leach open-pit deposit in the Bullfrog District of Nevada.

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Corvus Gold Inc. (KOR) announced significant findings from the Mother Lode deposit, revealing a new high-grade mineralization center. Drill hole ML20-159CT intersected 83.9m at 2.7 g/t gold and 6.8 g/t silver, including 12.7m at 8.5 g/t gold. This new zone, linked to an intrusive dike, expands the existing mineral resources. Plans are underway for additional drilling to further explore this high-grade feeder. Additionally, CFO Peggy Wu has joined the Board of Directors, enhancing the Board's expertise.

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FAQ

What is the market cap of Corvus Gold (KOR)?

The market cap of Corvus Gold (KOR) is approximately 415.6M.

Corvus Gold Inc.

Nasdaq:KOR

KOR Rankings

KOR Stock Data

415.60M
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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Canada
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