Corvus Gold Continues To Increase the District Gold Potential at the North Bullfrog Project, Nevada

Corvus Gold Continues To Increase the District Gold Potential at the North 
Bullfrog Project, Nevada 
Reverse Circulation Drilling Establishes Continuity and Expands Oxide 
VANCOUVER, Jan. 15, 2014 /CNW/ - Corvus Gold Inc. ("Corvus" or the "Company") 
- (TSX: KOR), (OTCQX: CORVF) announces assay results from the final 16 reverse 
circulation holes drilled in the 2013 campaign. These results have expanded 
the broad oxide mineralization in the Sierra Blanca deposit in all directions 
and up to another 100 metres in depth.  Hole NB-13-246, on the northern 
extension of the Sierra Blanca deposit, returned 21.3 metres @ 0.46 g/t gold 
from the surface (Figure 1). These results establish the continuity of quartz 
stockwork mineralization found 50 metres to the east in NB-12-242, which had 
41.2 metres @ 0.68 g/t gold from surface, including 10.7 metres @ 1.3 g/t gold 
(NR13-27, October 24, 2013). 
High silver values in several holes found in the North Sierra Blanca area 
adjacent to the Yellowjacket deposit suggests the presence of more 
Yellowjacket style high-grade mineralization between the two deposits. In the 
Savage Valley area, hole NB-13-259 returned 38 metres @ 0.51g/t gold from 18 
metres depth and hole NB-13-258 returned an intercept of 11 m of 0.7 g/t gold 
with high tellurium mineralization similar to that intercepted a half a 
kilometre to the west at Air Track Hill in hole NB-13-364 (NR14-01, January 9, 
2014). Corvus is still waiting for assays on the final 10 core holes drilled 
in 2013, most of which are from the northern and western extension of the 
Yellowjacket deposit. 
Jeff Pontius, Chief Executive Officer, stated: "These encouraging results from 
our resource expansion program have highlighted two important points 1) the 
large bulk tonnage oxide deposit continues to grow and remains unconstrained, 
and 2) the presence of broad higher grade, high silver, stockwork zones is 
encouraging for finding more Yellowjacket type high-grade gold-silver zones.  
This new data has helped outline several new high-grade targets for our 2014 
program. As the scale of the District-wide system continues to grow, this 
promises to be an exciting year." 
North Sierra Blanca Drilling 
Results from nine new RC holes drilled on the northern end of Sierra Blanca 
have established good continuity and extended the known mineralization for 
about 300 metres to the north and 250 metres to the east (Table 1, Figure 1), 
thereby linking the Sierra Blanca deposit with the Yellowjacket deposit.  
Oxidation along the ridge at Sierra Blanca North extends for some 200 metres 
in depth, which is about 100 metres deeper than originally projected in this 
area.  As a result, the potential to increase the tonnage of this portion of 
the deposit has increased (Table 1). 
Broad zones of disseminated mineralization, such as NB-13-244 with 77 metres @ 
0.25 g/t gold, have been found in all holes. High level quartz stockwork 
mineralization seen at the surface has now been intersected in drilling, 
returning higher grades similar to those in the Yellowjacket such as hole 
NB-13-242 (41.2 metres @ 0.68 g/t gold from surface, including 10.7 metres @ 
1.3 g/t gold - previously reported) and hole NB-13-246 (21.3 metres @ 0.46 g/t 
gold). Core holes NB-13-373, 375 and 376 (assays pending) were drilled to test 
the continuity and possible grade enhancement at depth (Yellowjacket 
productive depths) of these newly discovered vein/stockwork zones. 
In addition, holes NB-13-249, 250 and 251 not only demonstrate the continuity 
of lower grade disseminated mineralization, but also encountered intervals 
with anomalously high silver to gold ratios (Table 1, Figure 1). These values 
are characteristic of the Yellowjacket high-grade mineralization and indicate 
that the high-grade veining extends into these areas. Drilling in 2014 will be 
designed to investigate these occurrences as well. 
Table 1: Significant intercepts* from recent reverse circulation holes at 
North Sierra Blanca.
(All holes are vertical. 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       (m)       (m)        (m)        (g/t)     (g/t)      Comments
    NB-13-244      27.4     105.2         77.7      0.25       0.87      
    Including      61.0      79.3         18.3      0.36       1.12     Qtz
                  120.4     144.8         24.4      0.16       0.44      
                  207.3     246.9         39.6      0.12       0.43     oxide to
                  271.3     285.0         13.7      0.14       0.69      
                  327.7     335.3          7.6      0.25       0.40      
    NB-13-245      12.2      82.3         70.1      0.17       0.76      
                   86.9     160.0         73.2      0.21       0.80      
    Including     118.9     147.8         29.0      0.32       0.66     oxide to
    NB-13-246       0.0      21.3         21.3      0.46       0.61     Qtz
                   21.3      32.0         10.7      0.14       0.46      
                   32.0      47.2         15.2      0.44       0.90     Qtz
                   47.2     106.7         59.4      0.22       0.96      
                  155.4     167.6         12.2      0.14       1.43      
                  172.2     181.4          9.1      0.15       0.56     oxide to
    NB-13-247      25.9     111.3         85.3      0.21       0.86      
                  120.4     178.3         57.9      0.21       0.55      
                  256.0     291.1         35.0      0.19       0.70     oxide to
                  300.2     335.3         35.0      0.18       0.40      
    NB-13-248       0.0       7.6          7.6      0.14       0.59      
                   19.8      36.6         16.8      0.22       1.68      
                   70.1     134.1         64.0      0.18       0.69      
                  187.4     216.4         29.0      0.15       0.33     oxide to
                  254.5     280.4         25.9      0.16       0.69      
    NB-13-249      97.5     106.7          9.1      0.07       2.27     High
                                                                        silver to
                  112.8     144.8         32.0      0.20       0.94      
                  193.6     211.8         18.3      0.14       0.45     oxide to
                  219.5     240.8         21.3      0.18       0.44      
                  249.9     277.4         27.4      0.15       0.42      
    NB-13-250      54.9      57.9          3.0      0.16       4.83     High
                                                                        silver to
                   56.4     217.9        161.5      0.21       0.89     oxide to
                  222.5     224.0          1.5      0.22      20.00     High
                                                                        silver to
                  248.4     286.5         38.1      0.25       0.39      
    NB-13-251      82.3     128.0         45.7      0.31       1.08     Qtz
    Including      83.8     111.3         27.4      0.42       1.32      
                  141.7     187.4         45.7      0.27       1.26      
    Including     150.9     164.6         13.7      0.43       0.93     feeder
    Including     176.8     178.3          1.5      0.32       5.77     Qtz
                                                                        silver to
                  233.2     251.5         18.3      0.19       0.32     oxide to
    NB-13-252      73.2     164.6         91.4      0.24       0.79     oxide to
    Including      79.3      83.8          4.6      0.66       1.26     feeder
    Including     117.3     123.4          6.1      0.38       1.45     feeder
    Including     155.4     161.5          6.1      0.51       0.41     feeder

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

Infill Drilling between Sierra Blanca and Savage Valley Deposits

Drill holes designed to evaluate a large un-drilled area between the southwest 
portion of Sierra Blanca and northern extension of the Savage Valley deposits 
have returned encouraging results which could potentially link the two 
proposed pits in future modeling. The results from seven new holes show that 
low-grade mineralization extends through this area, with some significant 
shallow intercepts such as hole NB-13-256, where 75 of the top 105 metres is 
mineralized above cutoff, and NB-13-254 with 20 metres @ 0.26 g/t gold from 8 
metres depth (Table 2, Figure 1).

Holes NB-13-258 and NB-13-259 both have significant intercepts at nearly 0.5 
g/t gold (Table 2). Of particular interest is the intercept of 10.7 metres @ 
0.7 g/t gold in NB-13-258, which also has elevated tellurium similar to an 
intercept half a kilometre to the west at Air Track Hill (NR14-01, January 9, 
2014).  As previously stated, tellurium is a strong indicator of high-grade 
gold mineralization. Additional drilling is planned in the Savage Valley area 
to explore the potential southern extension of the Yellowjacket high-grade 
deposit into this large area of low-grade mineralization (which has some 
indicators that are similar to the setting at Sierra Blanca to the north).

Table 2: Significant intercepts* from recent RC holes between Sierra Blanca 
and Savage Valley.

(All holes are vertical. 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       (m)       (m)        (m)        (g/t)     (g/t)      Comments
    NB-13-253                       No Significant Intercepts           oxide to
                                                                        146m TD
    NB-13-254       7.6      27.4         19.8      0.26       0.09     oxide to
    Including      15.2      22.9          7.6      0.36       0.07     feeder
    NB-13-255      71.6      83.8         12.2      0.20       0.34     oxide to
    Including      73.2      76.2          3.0      0.42       0.33     feeder
    NB-13-256       0.0      47.2         47.2      0.17       0.46              
                   70.1      83.8         13.7      0.15       0.39              
                   89.9     105.2         15.2      0.15       0.27              
                  111.3     163.1         51.8      0.15       0.38     oxide to
                  233.2     245.4         12.2      0.21       0.78     Tr1Seds
    NB-13-257      53.3      93.0         39.6      0.14       0.30              
    NB-13-258      48.8      54.9          6.1      0.22       0.09              
                   64.0      93.0         28.9      0.45       0.76              
    Including      68.6      79.3         10.7      0.70       0.82          High
                   93.0     131.1         38.1      0.15       0.63              
                  193.6     213.4         19.8      0.17       0.23     oxide to
    NB-13-259      18.3      56.4         38.1      0.51       1.11              
                   56.4      77.7         21.3      0.13       0.59              
                  109.7     121.9         12.2      0.25       0.17     oxide to

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

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 North American gold exploration company, which is 
focused on advancing its 100% controlled Nevada, North Bullfrog project 
towards a potential development decision.  In addition the Company controls a 
number of other North American exploration properties representing a spectrum 
of gold, silver and copper projects.  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 for 
there to be more Yellowjacket style high-grade mineralization between the 
North Sierra Blanca area and the Yellowjacket deposits, the potential to 
increase the tonnage of the deposit in the Sierra Blanca North area and for 
the grade to increase at depth, the potential to link the two proposed pits at 
the Sierra Blanca and northern extension of the Savage Valley deposits in 
future modeling, the potential to discover additional high grade veins or 
additional deposits including the potential for Yellowjacket-type high-grade 
mineralization in the area of low-grade mineralization in the Savage Valley 
area, the potential to expand the existing estimated resource at the North 
Bullfrog project, the potential for the North Bullfrog deposits to be part of 
a District-wide gold system and to grow as such, the potential for the North 
Bullfrog system to continue to grow and/or to develop into a major new 
higher-grade, bulk tonnage, Nevada gold discovery, the potential for any 
mining or production at North Bullfrog, the potential for the identification 
of multiple deposits at North Bullfrog, the planned completion of an updated 
preliminary economic assessment for the North Bullfrog project, whether in Q1 
2014 or at all, the potential for the Company to secure or receive any 
royalties in the future, the potential for the Company to build shareholder 
value, whether through new discoveries and/or leveraging non-core assets or at 
all, 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 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 news 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. 
Ryan Ko Investor Relations Phone: 1-888-770-7488 
(toll free) or (604) 638-3246 /Fax: (604) 408-7499 
Image with caption: "Figure 1: Location of drill hole discussed in this news 
release. Red collars and traces indicate holes reported in this news release. 
Blue indicates holes for which assays are pending. Black indicates previously 
released results. Significant mineralized faults are shown in dark red. Grey 
hachured lines show outlines of present proposed pit designs. Topographic 
contour interval is 2 metres. (CNW Group/Corvus Gold Inc.)". Image available 
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CO: Corvus Gold Inc.
ST: British Columbia
-0- Jan/15/2014 13:00 GMT
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