Corvus Gold Expands Yellow Jacket High-Grade Zone and Hits New High-Grade Vein at Mayflower, North Bullfrog, Nevada

72.4 m @ 1.74 g/t gold & 98.7 g/t silver or 3.53 g/t gold equivalent* at Yellow Jacket

Vancouver, B.C. - July 24, 2012 - Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, OTCQX: CORVF) is pleased to release the final results from the 2012 phase 1 core drilling program that ended June 2012 at the North Bullfrog Project, Nevada. Final assays from hole NB-12-138 in the Yellow Jacket target area defined a thick mineralized zone around the previously discovered high grade vein (NR12-14, May 23, 2012) that has now expanded the overall intercept to 72.4 metres @ 1.74 g/t gold and 98.7 g/t silver or a gold equivalent* grade of 3.53 g/t (0.114 opt gold equivalent* over 237 feet), beginning at about 40 metres vertically below surface (Table 1).
* Gold equivalent grade calculated using a 55 to 1, silver to gold ratio

Corvus Gold press continues at the link below.

Source: Corvus Gold
http://www.corvusgold.com/news/index.php?&content_id=102

Disclosure:  Corvus Gold is a Vulture Bargain Candidate of Interest (VBCI).  Members of the GGR team are actively accumulating and may hold long positions in KOR.T or CORVF .