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Corvus Gold Inc.

12:00 PM EST - Corvus Gold Inc. : announced that its LMS & West Pogo joint venture partner First Star Resources Inc. has not completed their full work commitment and pursuant to the earn-in agreement made on August 16, 2010 full and unencumbered ownership of the properties has been returned to Corvus Gold. During First Star's operating periods on the properties, approximately $3.5 million of exploration and development work was completed which defined an important high-grade feeder structure in the LMS deposit and a high-grade gold vein target on the West Pogo project. Included in the completed work are pending assay results from the 2011 summer exploration drill program at the LMS project which Corvus expects to receive shortly. Corvus Gold Inc. shares T.KOR are trading up $0.01 at $0.64.