Corvus Gold Extends High-Grade Yellowjacket Zone Strike Length to 650 metres with 125 metre North Stepout, Extending New Eastern

 Corvus Gold Extends High-Grade Yellowjacket Zone Strike Length to 650 metres
   with 125 metre North Stepout, Extending New Eastern Vein, North Bullfrog
                               Project, Nevada

PR Newswire

VANCOUVER, Oct. 29, 2013

Highlights: Hole NB-13-352 - 2.4 metres @ 7.57 g/t Gold (270 metres of
Continuous Mineralization)

TSX: KOR OTCQX: CORVF

VANCOUVER, Oct. 29,  2013 /PRNewswire/  - Corvus  Gold Inc.  ("Corvus" or  the 
"Company") - (TSX: KOR, OTCQX: CORVF) announces initial assay results from new
core hole  NB-13-352  and additional  assays  from hole  NB-13-353  which  was 
partially released previously  (NR13-22, September 18,  2013). Hole  NB-13-352 
encountered 270  metres  of  continuous mineralization,  which  included  four 
separate zones of  quartz veining.  One zone  of quartz  veining returned  1.2 
metres @ 3.07 g/t gold and 8.00  g/t silver and another returned 2.4 metres  @ 
7.57 g/t  gold  and  6.90  g/t silver.  Hole  NB-13-352  has  now  intercepted 
high-grade vein  mineralization for  a distance  of nearly  650 metres,  which 
mineralization remains open on all directions (Figure 1).

Complete assays from NB-13-353  show that, in addition  to the main vein  (7.9 
metres @ 10.36 g/t gold  and 105.61 g/t silver),  there are multiple zones  of 
veining that extend  the entire  length of the  hole (Table  1). These  veined 
intervals occur in a variety of lithologies and, together with NB-13-350  (1.8 
metres @  2.35 g/t  gold and  6.62  g/t silver),  indicate that  the  corridor 
between the main Yellowjacket  structures has the  potential to host  multiple 
new high-grade vein zones (Figure 1).

Jeff  Pontius,  Chief  Executive  Officer,  stated:  "The  extension  of   the 
Yellowjacket system several  hundred metres to  the north, as  shown by  holes 
NB-13-350 & 352,  dramatically expands  this high-grade portion  of the  North 
Bullfrog deposit. In addition, the multiple new vein zones identified in hole
352 and the recently announced  new vein zone discoveries  in RC holes to  the 
west are outlining the  potential for continued  expansion of high-grade  vein 
system to the west and north.

When put in the context of  the greater North Bullfrog District potential  and 
the fact that Sierra Blanca is only the first of several high priority targets
to be explored, the overall potential of the Company's North Bullfrog property
is demonstrably significant.

This  multimillion  ounce  potential,   linked  with  the  excellent   project 
infrastructure, secure mining  friendly jurisdiction,  projected simple  oxide 
gold recovery and  currently estimated  low development  cost, highlights  the 
exceptional asset controlled by the Company."

   Table 1: Significant intercepts* from recent core holes at Yellowjacket.
   (Reported drill intercepts are not true widths. At this time, there is
insufficient data with respect to the shape of the mineralization to calculate
                       its true orientation in space.)

            From      To    Interval Gold  Silver
 Hole ID  (metres) (metres) (metres) (g/t) (g/t)       Comments
NB-13-350    119.3    126.4   7.1    0.98   3.35  Az 270 Incl -50
Including    120.8    122.6   1.8    2.35   6.62  Qtz Stockwork
            130.4    158.9   28.4   0.32   0.84  
            197.0    266.1   69.1   0.29   0.66  
            266.1    308.8   42.7   0.76   2.30  Pyrite Veining
NB-13-352    101.5    372.9  271.3   0.38   1.51  Az 270 Incl -57
Including    112.1    113.3   1.2    3.07   8.00  Qtz Veinlets
Including    151.2    153.7   2.4    7.57   6.90  Qtz Vein Breccia
Including    186.2    226.4   40.1   0.48   1.41  Qtz Veining
Including    285.3    296.4   11.1   0.31   5.25  Qtz Veining
Including    307.4    330.4   23.0   0.79   1.09  Pyrite Veining
NB-13-353     98.3    115.7   17.3   0.26   2.41  Az 108 Incl -45
            115.7    133.6   18.0   5.16  40.22  Previously released
Including    115.7    123.5   7.9    10.36 105.61 Previously released
            133.6    180.0   46.4   0.34   1.14  New data
Including    156.4    177.7   21.3   0.48   1.41  Qtz Stockwork
            186.2    196.0   9.8    0.58   0.57  Qtz Stockwork
            200.6    240.2   39.6   0.27   0.49  
Including    219.4    231.4   12.0   0.47   0.64  Qtz Stockwork
            267.6    295.0   27.4   0.27   0.76  
Including    270.7    278.8   8.1    0.51   1.47  Qtz Breccia

*Intercepts calculated with 0.1 g/t gold cutoff and up to 3 metres of internal
                                    waste.

Additional Vein Zone and Expansion of Deep Mineralized Zone

Drill hole NB-13-352 was drilled approximately 150 metres north of  NB-13-350, 
where the first eastern quartz veins were discovered. The silver to gold ratio
in both  holes suggests  that the  high-grade veins  are part  of the  overall 
Yellowjacket  system.  The  upper  intercept  in  NB-13-352  is  in  the  same 
structural  position  as  the  veining  in  NB-13-350,  indicating  a   likely 
continuity of veining. The  second high-grade intercept in  NB-13-352 is in  a 
new position and may represent yet another new vein zone.

In addition to the quartz veining,  mineralization in the bottom of  NB-13-352 
(23  metres   @   0.79   g/t   gold)   is   associated   with   broad   pyrite 
veining/replacement style of  mineralization similar to  that observed in  the 
bottom of NB-13-350 (42.7 metres @ 0.76 g/t gold), as well as holes  NB-13-230 
(26 metres @ 1.2 g/t  gold, NR-13-20 Sept 5,  2013), NB-13-232 (12.2 metres  @ 
0.97 g/t gold, NR-13-22 Sept 18, 2013)  and NB-13-222 (53.3 metres @ 0.86  g/t 
gold, NR-13-18  August 7,  2013). This  shows that  this mineralization  style 
occurs over a strike length  of at least 250 metres,  is over 100 metres  wide 
and is  open in  all directions,  particularly at  depth. This  new style  of 
mineralization could represent a  large new zone  of gold mineralization  that 
still remains within potentially open pit mining depths.

About the North Bullfrog Project, Nevada

Corvus controls 100% of its North Bullfrog Project, which covers approximately
68 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,  the  potential  to 
develop  multiple  Yellowjacket  style  high-grade  zones,  the  potential  to 
discover additional high grade veins or additional deposits,, 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  2013  Annual 
Information Form and latest interim  Management Discussion and Analysis  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 Yellowjacket drill holes. Red
collars and traces indicate holes reported in this press release. Blue
indicates holes for which assays are pending. Black indicates previously
released results. Significant mineralized faults are shown in dark red. (CNW
Group/Corvus Gold Inc.)". Image available at:
http://photos.newswire.ca/images/download/20131029_C7950_PHOTO_EN_32674.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