Corvus Gold Inc. announced that the Company's joint venture partner and operator of the Terra Project, WestMountain Gold, Inc. (WestMountain Index Advisor, Inc.) has provided metallurgical results from its initial production scale bulk sample test milling at Terra. The results are from a 23 ton surface bulk sample of the Ben and Fish Creek veins. A total of 75.1 ounces of gold and 28.2 ounces of silver were produced using the onsite milling and gravity recovery system yielding recoveries of 60% for gold and 15% for silver.

These recovery numbers compare favourably to prior bench scale gravity recovery test work (the plant has yet to be optimized for silver recovery). Concentrates from the remaining 1.5 tons of bulk material will be processed before yearend and, when complete, all doré bars will be sent to Johnson Matthey refining in Salt Lake City, Utah for final reduction to saleable gold and silver. The joint venture agreement provides for Raven Gold Alaska Inc. to receive 52% of the gold production at no cost until WestMountain has earned into the project (revenue split based on a USD 1,700 gold price).

WestMountain has indicated to Corvus it will focus on a larger bulk sample in the coming summer, utilizing the full plant capacity, which is approximately 50 tonnes per day. The gold concentrates from the Terra Project pilot mill are reported by WestMountain to be averaging 69% gold and 26% silver. In addition, WestMountain reports that approximately 95% of the gold and silver in the concentrate reported to the doré bars.