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UPDATE: Corvus Gold Loses Early Gains, Back To Year Lows As Secures Electrical Power at the North Bullfrog Project

Corvus Gold Inc. (KOR.TO), which fell 5% Thursday to a year low 54 cents, has lost early gains Friday that saw it touch 58 cents and is now back at year lows. Overnight it announced "significant" progress in securing electrical power for the North Bullfrog Project. Valley Electric Association ( VEA ) of Nevada will upgrade its existing electrical facilities, on the eastern portion of the project, beginning in mid-2013 and complete the necessary upgrades by 2014. This upgrade assures that adequate power will be available for all future mining operations at the project.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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