Standard & Poor's Initiates Factual Stock Report Coverage on Corvus Gold Inc.

NEW YORK--(BUSINESS WIRE)--Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Corvus Gold Inc.

Corvus Gold Inc. (TSX:KOR), in the exploration stage as of February 28, 2011, acquires, explores and evaluates mineral properties. It has interests in properties in Alaska and Nevada, which were formally held by International Tower Hill Mines before being spun out into Corvus in August 2010.

Corvus holds four advanced to early-stage projects in Alaska (Chisna, Terra, LMS and West Pogo) and the North Bullfrog Project in Nevada. The company's primary goal is to discover major new gold deposits.

With a technical management team that has previously made multiple gold discoveries, the company's strategy is to leverage its expertise and assets by utilizing partner funding during the high-cost, development phase of exploration to minimize shareholder financial risk while building a non-operator, gold production portfolio with significant carried interests and royalty exposure. To meet this objective, the company's four Alaskan projects have been joint ventured under arrangements in which the joint venture partner provides 100% of the funding to reach the next major development milestone, with Corvus retaining royalty and carried interest positions. The company's joint ventures in Alaska are operated through Raven Gold Alaska Inc., its wholly owned Alaska subsidiary. The company has retained 100% interest in the North Bullfrog Project in Nevada, which has a number of high-priority, bulk tonnage and high-grade vein targets.

The North Bullfrog Project in Nevada is controlled 100% by the company and covers 24 square kilometers of United States federal unpatented and leased patented claims. The North Bullfrog Project targets low-sulphidation epithermal-style gold mineralization of a style similar to that at the Bullfrog mine operated by Barrick Gold Corporation until 1998 and located eight kilometers to the south.

S&P Factual Stock Report coverage on Corvus Gold will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.corvusgold.com for additional information.

About Standard & Poor's Factual Stock Reports

This Standard & Poor’s service provides factual research coverage enabling information about Corvus Gold and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 500 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.

Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.

Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 10,000 employees, including wholly owned affiliates, located in 23 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

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