Corvus Gold

Website: www.corvusgold.com
Primary ticker: TSX:KOR; OTCQX:CORVF
Stage of development: Exploration, Development
Primary minerals: Gold, Silver
Project to promote: Mother Lode & North Bullfrog

Live financials

Corvus Gold is a well-financed junior exploration gold company driven by an experienced management team. The Company’s main focus and efforts is in the advancement of the 100% owned Nevada, North Bullfrog and Mother Lode projects approximately 120 miles northwest of Las Vegas. Both projects have advantages which include an adjacent major highway, power corridor, established water right, nearby skilled workforce and a large land package.

The Company continues with a resource expansion program at the Mother Lode project building off of the mineral resource estimate and preliminary economic assessment (PEA) published in late 2018. The PEA outlined a combined project totalling 3.6M oz Au contained avg. ~350k oz Au production in the first 4 years with a cash cost of $591/oz.

H.C.Wainwright&CO. Research Report in April 2019 ROTH Research Report in March 2019

Management Profile

Jeffrey Pontius, President & CEO

Mr. Pontius has over 35 years of geological experience that now includes five precious metal discoveries in North America of over 1 million ounces of gold. Discoveries include the Livengood Gold Deposit in Alaska, the +15 Moz Cripple Creek Mine in Colorado, the Yankee Mine, Elder Creek Mine and the newly discovered North Bullfrog Project in Nevada. Mr. Pontius has demonstrated exceptional skill at operating junior mining companies that have provided shareholders with excellent returns on their investments. He spent five years as CEO of International Tower Hill Mines Ltd. (ITH). Prior to working at ITH, Mr. Pontius spent seven years as the US and North American Exploration Manager for AngloGold Ashanti as well as participating as a Director of Anglo American (USA) Exploration Inc. and a member of AngloGold Ashanti’s regional business development team.


What is your rationale for attending 121 Mining Investment?

Market awareness for a new, busy emerging Nevada district where Corvus Gold has the largest resource and good upside potential.

What recent news would you like to highlight to investors attending?

Mar 19, 2019 – Drill Hole ML19-104, outside of the known resource drilled 126m @ 1.85 g/t Gold.
Apr 3, 2019 – Drill Hole ML19-109, below the known resource drilled 41m @ 2.83 g/t Gold and ending in 4.14 g/t Gold

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Continued expansion of the Mother Lode resource

6 Months:

Drill program to commence at North Bullfrog to test targets that are now a priority with recent discoveries in the district giving information on where to explore

12 Months:

Define a potential resource from new discoveries at North Bullfrog and resource update at Mother Lode

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Challenge – Lack of investment capital due to a weakening gold environment. To overcome this challenge the Company has become more efficient by doing more with less. RC drill program has been operated at a minimal cost and adding value through discovery.

What do you think makes your company such a compelling investment?

Proven track record of yoy share performance in a bad gold market being a top 10 performer of gold equities on the Toronto Stock Exchange in 2018, 2017, 2012. District is ripe for consolidation by an operator looking for projects that are located in the world’s most ideal mining jurisdiction with scale and potential to grow.