09:46 AM EST - Corvus Gold Inc. : announced the revision of the independently prepared Preliminary Economic Assessment ("PEA") for the North Bullfrog Project in Nye County, Nevada to include estimates of taxation and royalties on the projected stand alone economic performance. The revised PEA study, contained in a technical report dated October 23, continues to produce a positive economic analysis at a $1,300 gold price (base case) for a conceptual, low capex, heap leach project that generates average annual gold production of 76,500 ounces over 11 years with a NPV5% of $94.6M, IRR of 17% and 5.7 year payback. Corvus Gold Inc.
shares T.KOR are trading down $0.05 at $1.16.
