Corvus Gold Increases Leach Gold Recovery for Savage Valley Zone of North Area Deposit, North Bullfrog Project, Nevada

Corvus Gold Increases Leach Gold Recovery for Savage Valley Zone of North Area
                   Deposit, North Bullfrog Project, Nevada

PR Newswire

VANCOUVER, Feb. 6, 2013

TSX: KOR OTCQX: CORVF

VANCOUVER, Feb.  6, 2013  /PRNewswire/ -  Corvus Gold  Inc. ("Corvus"  or  the 
"Company") - (TSX: KOR, OTCQX: CORVF) announces the final results of a  series 
of column leach tests on large diameter core sample composites from the Savage
Valley area  (Figure  1) of  the  North Area  Deposit  at the  North  Bullfrog 
Project, Nevada. The final results averaged 82% gold recovery at a crush size
of nominally 80% passing 19mm  (-3/4 inch), which is  4% greater than the  78% 
gold  recovery  assumed   in  the  December   6,  2012  Preliminary   Economic 
Assessment.  The  final  recovery  data   (Table  1)  shows  the  high   gold 
leachability of the Savage Valley oxide material even at grades as low as 0.11
g/t.

These new results, along with recent  column leach results from the  Mayflower 
Deposit (NR13-02, January 17, 2013)  which indicated an average gold  recovery 
of 88%, suggest potential for improved overall recovery at both the  Company's 
Mayflower and  North  Area  Deposit  which  could  positively  impact  project 
economics.

Carl Brechtel, COO of Corvus, stated: "The ongoing North Bullfrog Project gold
recovery results continue to be very encouraging and offer significant  upside 
for this  attractive  new  Nevada  mining  project.  These  results  will  be 
integrated with further  column tests at  larger crush size  to help  optimize 
cost versus recovery."

                                   Table 1
  Savage Valley PQ Core Composite Samples, Phase I Drilling, North Bullfrog
Project Final Gold Recovery in Column Leach Tests at 63-136 days of Leach Time
                 Nominal Particle Size 80% -19 mm (-3/4 inch)

                SV PQ 1 SV PQ 2 SV PQ 3 SV PQ 4 SV PQ 5 SV PQ 6
% Gold Recovery*  86.9%   87.4%   92.0%   69.9%   81.6%   72.3%

*-based on Au calculated head grade

About the North Bullfrog Project, Nevada

Corvus controls 100% of its North Bullfrog Project, which covers approximately
68 square kilometres in  southern Nevada just north  of the historic  Bullfrog 
gold mine formerly  operated by Barrick  Gold Corp. The  property package  is 
made up  of a  number of  private mineral  leases of  patented federal  mining 
claims and 758 federal  unpatented mining claims.  The project has  excellent 
infrastructure, being adjacent to a major highway and power corridor.

The project currently  includes numerous prospective  gold targets, with  four 
(Mayflower, Sierra Blanca, Jolly Jane and Connection) containing an  estimated 
Oxidized Indicated Resource of 27 Mt at an average grade of 0.28 g/t gold  for 
246,810 ounces of gold and an Oxidized  Inferred Resource of 234.5 Mt at  0.18 
g/t gold for 1,387,870 ounces  of gold (both at a  0.1 g/t gold cutoff),  with 
appreciable silver credits. Unoxidized  Inferred mineral resources are  221.6 
Mt at 0.19 g/t for 1,361,000 ounces of gold (at a 0.1 g/t gold cutoff).

Mineralization occurs in two primary forms: (1) broad stratabound bulk-tonnage
gold zones  such  as  the  Sierra  Blanca and  Jolly  Jane  systems;  and  (2) 
moderately thick zones of high-grade gold and silver mineralization hosted  by 
structural zones with breccias and quartz-sulphide vein stockworks such as the
Mayflower and Yellowjacket  targets. The  Company is  actively pursuing  both 
types of mineralization.

A video of the North Bullfrog project showing location, infrastructure access,
and  2010  winter  drilling   is  available  on   the  Company's  website   at 
http://www.corvusgold.com/investors/video/.

Qualified Person and Quality Control/Quality Assurance

Jeffrey A. Pontius  (CPG 11044),  a qualified  person as  defined by  National 
Instrument 43-101,  has  supervised  the preparation  of  the  scientific  and 
technical information (other than the  resource estimate) that form the  basis 
for this news release and has approved the disclosure herein. Mr. Pontius  is 
not independent  of Corvus,  as he  is the  CEO and  holds common  shares  and 
incentive stock options.

Carl E. Brechtel,  PE, a qualified  person as defined  by National  Instrument 
43-101, is  responsible  for  planning  and execution  of  the  technical  and 
engineering studies at North Bullfrog. He has approved the disclosure in this
news release. He has over 30 years of experience in the mining industry, is  a 
registered professional engineer in the States of Colorado and Nevada, and  is 
a Registered Member of SME. Mr. Brechtel  is not independent of Corvus, as  he 
is the COO and holds common shares and incentive stock options.

Mr. William J. Pennstrom, Jr., a consulting process engineer and President  of 
Pennstrom Consulting, Inc., has acted at  the Qualified Person, as defined  by 
NI 43-101, for evaluation  of the metallurgical testing  data. He has over  30 
years of experience in mineral process  design and operation, and has been  an 
independent process and metallurgical consultant  for the mining industry  for 
the last  10 years.  He  is a  Registered Member  of  the Society  of  Mining, 
Metallurgy and Exploration (SME Member # 2503900). Mr. Pennstrom and Pennstrom
Consulting Inc. are both independent of the Company under NI 43-101.

Mr. Gary  Giroux,  M.Sc., P.  Eng  (B.C.), a  consulting  geological  engineer 
employed by Giroux  Consultants Ltd., has  acted as the  Qualified Person,  as 
defined in  NI  43-101,  for  the Giroux  Consultants  Ltd.  mineral  resource 
estimate. He  has  over 30  years  of experience  in  all stages  of  mineral 
exploration, development and production.  Mr. Giroux specializes in  computer 
applications in ore reserve estimation, and has consulted both nationally  and 
internationally in this field. He  has authored many papers on  geostatistics 
and ore reserve estimation  and has practiced as  a Geological Engineer  since 
1970 and provided geostatistical  services to the  industry since 1976.  Both 
Mr. Giroux and Giroux Consultants Ltd. are independent of the Company under NI
43-101.

The work program  at North  Bullfrog was  designed and  supervised by  Russell 
Myers (CPG  11433), President  of Corvus,  a Qualified  Person defined  by  NI 
43-101, and  by Mark  Reischman, Corvus  Nevada Exploration  Manager, who  are 
responsible for all aspects of the work, including the quality control/quality
assurance program. On-site personnel at the project log and track all  samples 
prior to sealing and shipping. Quality  control is monitored by the  insertion 
of blind certified standard  reference materials and  blanks into each  sample 
shipment. All resource sample shipments are  sealed and shipped to ALS  Chemex 
in Reno, Nevada, for preparation and then on to ALS Chemex in Reno, Nevada, or
Vancouver, B.C., for assaying. ALS  Chemex's quality system complies with  the 
requirements for the International Standards ISO 9001:2000 and ISO 17025:1999.
Analytical accuracy and  precision are  monitored by the  analysis of  reagent 
blanks, reference  material  and replicate  samples.  Finally,  representative 
blind duplicate samples are forwarded to ALS Chemex and an ISO compliant third
party laboratory for additional quality control. McClelland Laboratories  Inc. 
prepared  composites  from  duplicated  RC  sample  splits  collected   during 
drilling. Bulk  samples  were  sealed  on site  and  delivered  to  McClelland 
Laboratories Inc. by ALS Chemex or Corvus personnel. All metallurgical testing
reported here was conducted or managed by McClelland Laboratories Inc.

About Corvus Gold Inc.

Corvus Gold Inc.  is a  resource exploration  company, focused  in Alaska  and 
Nevada, which  controls  a  number  of  exploration  projects  representing  a 
spectrum of early-stage  to advanced  gold projects. Corvus  is committed  to 
building shareholder  value  through  new  discoveries  and  leveraging  those 
discoveries via partner funded  exploration work into  carried and or  royalty 
interests that provide shareholders with exposure to gold production.

On behalf of
Corvus Gold Inc.

(signed) Jeffrey A. Pontius
Jeffrey A. Pontius,
Chief Executive Officer

Cautionary Note Regarding Forward-Looking Statements

This press  release 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 herein including, without  limitation, 
statements  regarding  the  anticipated  content,  commencement  and  cost  of 
exploration programs, anticipated exploration  program results, the  discovery 
and delineation of mineral deposits/resources/reserves, the potential for  any 
mining or production at North  Bullfrog, the potential for the  identification 
of multiple deposits at North Bullfrog,  the potential for the increased  gold 
recovery noted  in  the  tests  described  herein  to  represent  a  potential 
improvement in the overall  recovery rate for  the deposit as  a whole and  to 
improve project economics, the potential for the Company to secure or  receive 
any royalties in the future, business and financing plans and business trends,
are forward-looking  statements.  Although  the Company  believes  that  such 
statements are reasonable,  it can  give no assurance  that such  expectations 
will prove to be correct. Forward-looking statements are typically identified
by words such as: believe, expect, anticipate, intend, estimate, postulate and
similar expressions, or  are those, which,  by their nature,  refer to  future 
events. The Company cautions investors that any forward-looking statements by
the Company are  not guarantees  of future  results or  performance, and  that 
actual results may differ materially from those in forward looking  statements 
as a result of various factors,  including, but not limited to, variations  in 
the nature, quality and quantity of any mineral deposits that may be  located, 
variations in the market price of any mineral products the Company may produce
or plan to produce, the Company's  inability to obtain any necessary  permits, 
consents  or  authorizations  required  for  its  activities,  the   Company's 
inability to produce minerals from its properties successfully or  profitably, 
to continue its  projected growth,  to raise the  necessary capital  or to  be 
fully  able  to  implement  its  business  strategies,  and  other  risks  and 
uncertainties disclosed in the Company's latest interim Management  Discussion 
and Analysis and filed with certain securities commissions in Canada. All  of 
the  Company's  Canadian  public  disclosure  filings  may  be  accessed   via 
www.sedar.com and readers are urged  to review these materials, including  the 
technical reports filed with respect to the Company's mineral properties.

Cautionary Note Regarding References to Resources and Reserves

National Instrument 43 101 - Standards of Disclosure for Mineral Projects ("NI
43-101") is a rule developed  by the Canadian Securities Administrators  which 
establishes standards for all public disclosure an issuer makes of  scientific 
and technical  information  concerning  mineral  projects.  Unless  otherwise 
indicated, all resource estimates contained in or incorporated by reference in
this press release  have been prepared  in accordance with  NI 43-101 and  the 
guidelines set  out  in  the  Canadian Institute  of  Mining,  Metallurgy  and 
Petroleum (the  "CIM") Standards  on Mineral  Resource and  Mineral  Reserves, 
adopted by the CIM Council on November 14, 2004 (the "CIM Standards") as  they 
may be amended from time to time by the CIM.

United States shareholders are cautioned that the requirements and terminology
of NI 43-101 and the CIM Standards differ significantly from the  requirements 
and terminology of  the SEC  set forth  in the  SEC's Industry  Guide 7  ("SEC 
Industry  Guide  7").  Accordingly,   the  Company's  disclosures   regarding 
mineralization may  not  be comparable  to  similar information  disclosed  by 
companies subject to SEC  Industry Guide 7.  Without limiting the  foregoing, 
while the terms "mineral resources", "inferred mineral resources",  "indicated 
mineral  resources"  and  "measured  mineral  resources"  are  recognized  and 
required by NI 43-101 and  the CIM Standards, they  are not recognized by  the 
SEC and  are not  permitted to  be used  in documents  filed with  the SEC  by 
companies subject to SEC  Industry Guide 7. Mineral  resources which are  not 
mineral reserves do not have demonstrated economic viability, and US investors
are cautioned not to assume  that all or any part  of a mineral resource  will 
ever be converted  into reserves.  Further, inferred resources  have a  great 
amount of uncertainty  as to their  existence and  as to whether  they can  be 
mined legally or economically. It cannot be  assumed that all or any part  of 
the inferred resources will ever be  upgraded to a higher resource  category. 
Under Canadian rules, estimates of inferred mineral resources may not form the
basis of a feasibility study or  prefeasibility study, except in rare  cases. 
The SEC normally only permits issuers  to report mineralization that does  not 
constitute SEC Industry Guide 7  compliant "reserves" as in-place tonnage  and 
grade without reference to unit amounts.  The term "contained ounces" is  not 
permitted under the rules of SEC Industry Guide 7. In addition, the NI 43-101
and CIM Standards definition of a "reserve" differs from the definition in SEC
Industry Guide 7. In SEC Industry Guide 7, a mineral reserve is defined as  a 
part of a mineral deposit which could be economically and legally extracted or
produced at the time the mineral reserve determination is made, and a  "final" 
or "bankable" feasibility study is required to report reserves, the three-year
historical price is used  in any reserve or  cash flow analysis of  designated 
reserves and the primary environmental analysis  or report must be filed  with 
the appropriate governmental authority.

Caution Regarding Adjacent or Similar Mineral Properties

This news release  contains information  with respect to  adjacent or  similar 
mineral properties in respect of which  the Company has no interest or  rights 
to explore  or  mine.  The  Company advises  US  investors  that  the  mining 
guidelines of the US Securities and Exchange Commission (the "SEC") set  forth 
in the  SEC's Industry  Guide 7  ("SEC Industry  Guide 7")  strictly  prohibit 
information of  this  type in  documents  filed  with the  SEC.  Readers  are 
cautioned that the Company has no interest in or right to acquire any interest
in any  such properties,  and that  mineral deposits  on adjacent  or  similar 
properties are not indicative of mineral deposits on the Company's properties.

This press release is not, and is not to be construed in any way as, an  offer 
to buy or sell securities in the United States.



SOURCE Corvus Gold Inc.

Image with caption: "Figure 1: North Bullfrog Project areas showing the
location of the different resource areas and the PQ core holes used for
metallurgical sampling. (CNW Group/Corvus Gold Inc.)". Image available at:
http://photos.newswire.ca/images/download/20130206_C3479_PHOTO_EN_23355.jpg

Contact:

Ryan Ko
Investor Relations
Email:info@corvusgold.com
Phone: 1-888-770-7488 (toll free) or (604) 638-3246 / Fax: (604) 408-7499
 
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