Corvus Gold Intersects New Near Surface Stockwork Gold Vein System West of Yellowjacket at Sierra Blanca, North Bullfrog

  Corvus Gold Intersects New Near Surface Stockwork Gold Vein System West of
        Yellowjacket at Sierra Blanca, North Bullfrog Project, Nevada

PR Newswire

VANCOUVER, Oct. 24, 2013

Highlights: NB-13-242: 10.7 metres @ 1.21g/t Gold (new stockwork vein system
within 41 metres @ 0.68 g/t gold from surface)

TSX: KOR OTCQX: CORVF

VANCOUVER, Oct. 24,  2013 /PRNewswire/  - Corvus  Gold Inc.  ("Corvus" or  the 
"Company") - (TSX: KOR, OTCQX: CORVF) announces results from three  additional 
reverse circulation (RC) holes drilled northeast of the existing Sierra Blanca
deposit (Figure 1). Significantly, Hole NB-13-242  encountered over 250 metres
of mineralization in several intervals, including 41 metres averaging 0.68 g/t
gold from  the surface  (Table 1).  Mineralization associated  with  stockwork 
veining between 27 and 38  metres yielded an intercept  of 10.7 metres of  1.2 
g/t  gold.  This  represents  an   exciting  new  vein  stockwork  zone   with 
similarities to  the  upper parts  of  the Yellowjacket  high-grade  style  of 
mineralization occurring 200 metres  to the west. Follow  up core drilling  on 
this newly identified vein system is scheduled to start imminently.

Hole NB-13-241 on the northern end of the Sierra Blanca ridge encountered over
180 metres  of  mineralization in  two  intervals (Table  1).  Hole  NB-13-243 
encountered 90 metres  of mineralization  in two  intervals. In  all of  these 
holes, oxidation  extends  to  depths  in  excess  of  300  metres,  which  is 
significantly deeper than previous estimates.  These new results confirm  that 
thickening zones of  oxide mineralization extend  from the previously  defined 
currently proposed pit area to the  new Yellowjacket high-grade zone, as  well 
as defining new zones of higher grade mineralization to the west.

This data, together with the previously  reported hole NB-13-238 (12 metres  @ 
0.8 g/t gold) (see NR13-23, October 2, 2013) on the western flank of the ridge
indicate that  there  is  potential to  develop  multiple  Yellowjacket  style 
high-grade zones  to  the  west  that could  enhance  the  overall  grade  and 
potential project economics of the deposit.

Jeff Pontius,  Chief  Executive  Officer, stated:  "These  new  drill  results 
continue  to  expand  and  enhance  the  potential  of  the  Sierra  Blanca  - 
Yellowjacket deposit. The increasing depth of oxidation and the definition of
more high-grade,  oxide vein  potential  hundreds of  metres  to the  west  of 
Yellowjacket could add significant potential to expand the existing resource.
We are  excited  to  begin the  follow-up  core  drilling on  these  new  vein 
discoveries and continue to expand the Yellowjacket system to the west. As we
have seen from our  ongoing drilling, the scale  of the North Bullfrog  system 
continues to grow, demonstrating significant potential to develop into a major
new Nevada gold system."

     Table 1: Significant intercepts* from North Sierra Blanca RC holes.

              From      To    Interval Gold  Silver
  Hole ID   (metres) (metres) (metres) (g/t)  (g/t)
NB-13-241        0.0    103.6    103.6  0.27    0.89
 Including      1.5     38.1     36.6  0.37    1.23
              125.0    202.7     77.7  0.16    0.46
NB-13-242        0.0     41.2     41.2  0.68    1.65
 Including     27.4     38.1     10.7  1.21    1.93
               45.7    132.6     86.9  0.28    0.87
 Including     64.0     89.9     25.9  0.35    0.78
              141.7    205.7     64.0  0.21    0.44
              211.8    213.4      1.5  0.71   13.00
              237.7    274.3     36.6  0.19    0.44
NB-13-243       32.0     89.9     57.9  0.28 Pending
 Including     42.7     56.4     13.7  0.44 Pending
              214.9    239.3     24.4  0.14 Pending

*Intercepts calculated with 0.1g/t gold cutoff and up to 3 metres of  internal 
waste. Assuming that  the mineralization is  roughly stratiform in  character, 
the intercepts are approximately true thickness. All holes are vertical.

About the North Bullfrog Project, Nevada

Corvus controls 100% of its North Bullfrog Project, which covers approximately
70 km²  in southern  Nevada just  north  of the  historic Bullfrog  gold  mine 
formerly operated by Barrick Gold  Corporation. The property package is  made 
up of  a number  of leased  patented  federal mining  claims and  758  federal 
unpatented mining  claims. The  project has  excellent infrastructure,  being 
adjacent to a major highway and power corridor.

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  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.

The work program  at North  Bullfrog was  designed and  supervised by  Russell 
Myers (CPG  11433), President  of Corvus,  and 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.

About Corvus Gold Inc.

Corvus Gold Inc.  is a  resource exploration  company, focused  in Nevada  and 
Alaska, which  controls  a  number  of  exploration  projects  representing  a 
spectrum of  early-stage to  advanced  gold projects.  Corvus is  focused  on 
advancing its  100%  controlled  Nevada,  North  Bullfrog  project  towards  a 
potential development decision and  continuing to explore  for new major  gold 
discoveries. Corvus is  committed to  building shareholder  value through  new 
discoveries and leveraging noncore assets 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, potential to  develop 
multiple Yellowjacket style high-grade  zones to the  west that could  enhance 
the overall  grade  and  potential  project  economics  of  the  deposit,  the 
potential to  expand the  existing estimated  resource at  the North  Bullfrog 
project, the  potential for  the North  Bullfrog system  to continue  to  grow 
and/or to develop into a major new  Nevada gold system, 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 existence  or 
location of  additional high-grade  veins, 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.

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, and any  production therefrom or  economics with respect  thereto, 
are not indicative  of mineral  deposits on  the Company's  properties or  the 
potential production from, or cost or  economics of, any future mining of  any 
of the Company's mineral 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: Location of new reverse circulation holes at
Sierra Blanca North. Red collars indicate assays reported in Table 1. Blue
collars are holes that have been drilled but have assays pending. "SB North"
indicates the north ridge of Sierra Blanca. (CNW Group/Corvus Gold Inc.)".
Image available at:
http://photos.newswire.ca/images/download/20131024_C6749_PHOTO_EN_32507.jpg

Contact:

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