Corvus Gold — Investor Presentation (December 2011)
25 slides from Corvus Gold's investor presentation, Dec 16, 2011
Slide 1: Creating Value through Discovery
Corporate Presentation OTCQX: CORVF Creating Value through Discovery Corporate Presentation September 2010 www.corvusgold.com Denver Gold Forum TSX: KOR September 2010 1
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fact, included he
Slide 3: Corvus Gold - Our Business & Assets
Corvus Gold - Our Business & Assets Corvus Gold is focused on building shareholder wealth through the discovery and development of North American gold projects Corvus leverages its proven exploration expertise through a mix of internal and partner-funded exploration to minimize risk OTCQX: CORVF 3
Slide 4: Management
Management Jeff Pontius +30 year career with major and mid-tier mining companies in senior management CEO positions including: North American Exploration Manager, AngloGold Ashanti; and Project Manager for NERCO Mineral Co. Discoveries include Elder Creek, Yankee Mines in Nevada; Cripple Creek Mine,
Slide 5: Directors
Directors Jeff Pontius +30 year career with major and mid-tier mining companies in senior management positions including: North American Exploration Manager, AngloGold Ashanti; and Project Manager for NERCO Mineral Co. Discoveries include Elder Creek, Yankee Mines in Nevada; Cripple Creek Mine, Colo
Slide 6: North Bullfrog Project, Nevada
North Bullfrog Project, Nevada Project Area • 100% Corvus project covering 24 km², located 10 km north of Barrick Gold’s historical Bullfrog Mine* which produced 2.4 Moz of gold. Nevada Gold Deposits • Project has excellent infrastructure and development potential. • Gold first discovered in 1904 wi
Slide 7: North Bullfrog Exploration
North Bullfrog Exploration • 2010-11 Exploration program drilled 17,820 metres. Savage, Sierra Blanca and Yellow jacket Yellow have now merged into a single zone outlining a major new gold discovery in the North District area Jacket covering approximately 1.6 km2 and remains open for expansion (resu
Slide 8: North Bullfrog Resources
North Bullfrog Resources Summary of Indicated and Inferred Resources at North Bullfrog by Deposit Au Grade Ag Grade Contained Contained Au Cutoff Deposit Oxide State Class (g/t) Tonnes >Cutoff (g/t) (g/t) Ounces Ounces >Cutoff >Cutoff Gold Silver Jolly Jane Oxidized Indicated 0.2 10,090,000 0.29 0.4
Slide 9: North Bullfrog Bottle Roll Tests
North Bullfrog Bottle Roll Tests Summary of Bottle Roll Tests 4 hour 72 hour Oxidation State Recovery Recovery Oxide 80% 86% Mostly Oxide 56% 79% Mixed Oxide/Sulphide 47% 52% • Results for Initial -75 micron, 72 hour bottle roll tests on 21 samples covering all deposits • Oxide and Mostly Oxide mate
Slide 10: North Bullfrog Development Concept
North Bullfrog Development Concept Sierra Blanca Cross Section Crater • Most targets located within a rhyolitic ash (Earlier Slide) Flat flow unit known as the Crater Flat Tuff – YJ Tuff demonstrated by the 2010-11 drill program to host widespread, extensively oxidized gold mineralization. SB • Such
Slide 11: North Bullfrog – Sierra Blanca Target
North Bullfrog – Sierra Blanca Target Sierra Blanca Savage Valley OTCQX: CORVF 11
Slide 12: Chisna Project, Alaska
Chisna Project, Alaska • Newly discovered Gold and Copper- Gold Porphyry Belt with land package covering 914 km2. • Numerous porphyry-related gold and copper-gold targets defined from first pass exploration and drilling. • Targets bordering major all-weather paved highways and power corridors with e
Slide 13: Chisna Project Background
Chisna Project Background • The Chisna Belt has numerous Fairbanks past and present placer gold mining operations, with historic production of 180,000 oz*. Mid-Cretaceous Chisna Project • Part of a series of major mid- Alaskan Porphyry Belt Cretaceous gold and copper- gold related porphyry systems s
Slide 14: Chisna Program 2010-11
Chisna Program 2010-11 • Deposit types include copper and copper-gold- molybdenum porphyries, skarns and structurally controlled gold POW mineralization. Rock On Ravine • 2010 summer work plan included 3,000 m core drilling, soil and rock sampling, airborne ZTEM surveying, several 3D IP surveys. Gol
Slide 15: Golden Range Drill Target
Golden Range Drill Target •14 drill holes completed to date: Royal City: 3 Corazon: 3 Matador: 2 Notch: 9 •Notch is the most promising • 1.5 km strike length • Multiple >30g/t rocks 15
Slide 16: Chisna Project – Notch Drill Results
Chisna Project – Notch Drill Results From To Interval Gold Silver Drill Hole (m) (m) (m) (g/t) (g/t) GR-11-09 101.2 117.0 15.8 3.19 1.93 including 101.2 108.0 6.8 4.49 0.92 GR-11-10 149.1 149.6 0.4 5.15 0.70 GR-11-15 210.5 227.4 16.9 1.99 - including 212.5 217.6 5.1 4.57 - OTCQX: CORVF 16
Slide 17: Terra Project, Alaska
Terra Project, Alaska • Large 130 km2 land package covering an emerging new high-grade gold-silver vein district in Western Alaska. • JV partner earning 51% interest by spending $6M before the end of 2013 or an additional $3.05M over the same period to earn an 80% interest in project. • Corvus entit
Slide 18: Terra District Overview
Terra District Overview • High-grade gold-silver vein system related to Donlin Creek- age porphyry system. • 28 drill holes completed to date returned 111 vein intersections at >3 g/t (25% >10 g/t over >1.0 m). • Potential for significant increase in resources, with multiple veins over 8 km of strik
Slide 19: Terra Project – Ben Vein
Terra Project – Ben Vein The Ben Vein: • Mineralized vein discovered in 1998; vein has a minimum strike length of 400 m and a depth of at least Diorite 350 m. • Average width of vein resource is 2.3 m with 100 m a high-grade zone averaging 1.3 m at 23 g/t gold. • Gold mineralization ---10gxm further
Slide 20: LMS Project, Alaska
LMS Project, Alaska • Project area covers 61 km2 in the Goodpaster Mining District, 40 km south of the Pogo Gold Mine - Alaska’s largest gold mine. • Project targets stacked high-grade gold veins related to large shear zone structural system. • 2011 Winter drilling program returned both thick bulk t
Slide 21: LMS Project – Cross Section
LMS Project – Cross Section LMS Deposit Characteristics • Stratiform Ore Qtzite Breccia • Schist-gneiss Contact Ore • Footwall Feeder Vein System OTCQX: CORVF 21 21
Slide 22: West Pogo Project, Alaska
West Pogo Project, Alaska • Property covering over 17 km2 located 5 km west of the Pogo gold mine. • Exploration targeting high-grade gold veins similar to those being mined at the Pogo Mine to the west (Sumitomo Metals Co)*. • Completed geophysics ,mapping and surface sampling funded by former part
Slide 23: Share Structure
Share Structure TSX: KOR OTCQX: CORVF (as of December 15, 2011) Issued & Outstanding Shares 41,660,261 Shares Fully Diluted 45,589,011 Cash (as of August 31, 2011) C$6.4 Million Market Capitalization C$26.6Million Major Shareholders Shares Held % Tocqueville Asset Management LP 5,589,431 13.42 Anglo
Slide 24: Corporate Value Drivers
Corporate Value Drivers New Gold Discovery: North Bullfrog (100% KOR) is emerging as a significant new Nevada gold discovery. Exploration Leverage: ~$7M of partner funded exploration in 2011 ($9M total) and ~$8M in 2012 ($11M total). Financial Leverage: Excellent portfolio of royalty & carried
Slide 25: Contact Information
Contact Information CORVUS GOLD INC. Vancouver Office: U.S. Office: 1177 West Hastings St., Suite 2300 9137 S. Ridgeline Blvd., Suite 250 Vancouver, British Columbia Highlands Ranch, CO Canada V6E 2K3 USA 80129 Telephone: (604)-638-3246 Telephone: (303)-470-8700 For More Information: Ryan Ko Investo