Cortus Generates High Priority Drill Targets at Roberts Creek Along Strike from McEwan's Gold Bar Mine in Nevada
Cortus Generates High Priority Drill Targets at
Roberts Creek Along Strike from McEwan's
Gold Bar Mine in Nevada
Edmonton, Alberta--(Newsfile Corp. - February 25, 2021) - Cortus Metals Inc. (TSXV: CRTS)
(the
"
Company
", or "
Cortus
"), is pleased to announce the results of fieldwork completed over the entirety of
its Roberts Creek Project, including high-resolution ground magnetic, gravity, and soil sampling surveys
to identify potential Carlin-type alteration and gold mineralization where structural and stratigraphic
controls with favorable orientations are projected to extend beneath shallow alluvium.
Project Highlights
Roberts Creek Project comprises 1,300 hectares (ha) in the highly prospective Gold Bar district of
the Battle Mountain-Eureka Trend in Northeastern Nevada.
The Project is along-strike from McEwan's Gold Bar Mine, who's Feasibility Study reported
Measured & Indicated Mineral Resources of 493,700 oz Au, Inferred Mineral Resources of 52,100
oz Au, and Proven and Probable Reserves of 304,200 oz Au on February 22, 2021.
High-resolution ground magnetic survey indicates that structural and stratigraphic controls on
mineralization continue beneath alluvium cover onto the Roberts Creek property (Figure 1).
The intersection of inferred structural and stratigraphic boundaries is coincident with a gold-in-soil
anomaly measuring 2,000 x 500 metres that remains open to the east and southeast.
Gravity survey identified near-surface bedrock beneath alluvium cover, verifying achievable drill
depths to test potential structural and stratigraphic controls on mineralization (Figure 2).
The Roberts Creek Project is at the drill-ready stage within our targeting matrix and available for
acquisition, option or joint venture.
Figure 1
: The 2020 high-resolution ground magnetic survey and soil sampling program highlight the
structural and stratigraphic relationship between Gold Bar deposits and the Roberts Creek Project.
Projected faults coincide with the ground magnetic survey and gold-in-soil trends, indicating controls for
mineralization and delineating drill targets.
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/6646/75420_cortus1enhanced.jpg
Figure 2:
The 2020 Bouguer Gravity Survey completed over Roberts Creek Project displays the red-
yellow-green zones as gravity highs. Under the alluvium cover this indicates shallow bedrock within the
project, verifying achievable drill target depths to mineralization.
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/6646/75420_cortus2enhanced.jpg
QAQC Procedures
Sample preparation and analysis was completed at the Elko, Nevada at the ALS Global facility.
Samples were prepared by disaggregating with a rubber hammer then a non-bias 50g nominal soil
sample was collected from entire field sample, no drying or screening used in this process. The Ionic
Leach method was used to analyze samples for 61 elements. This procedure is defined by static sodium
cyanide leach using ammonium chloride, citric acid and EDTA with the leachant buffered to an alkaline
ph of 8.5. Soil samples were taken systematically at 120m sample spacing and 300m line spacing
coving the entirety of the project and a secure chain of custody procedure was maintained in storing and
transporting samples.
About Cortus Metals Inc.
Cortus Metals Inc. (TSXV: CRTS) is new Canadian mineral exploration company with a portfolio of highly
prospective early-stage projects in Nevada and an innovative project generator strategy to advance
them to fruition. Cortus' expert team uses systematic methods and proprietary data to target significant
epithermal and Carlin-type mineralization beneath shallow cover. We provide investors with exceptional
opportunities to capitalize on the potential to discover gold-silver deposits of >1-million-ounces in a top-
ranked mining jurisdiction. Our mandate is to collaborate with third parties to complete drill programs of
2-4,000 metres with Cortus retaining a significant interest in the outcomes. Our projects are available for
acquisition via sale, option and/or joint venture mechanisms.
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc,
P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.
On behalf of the Board of Directors
s/ "Sean Mager"
Sean Mager
, Chief Executive Officer
Email:
Telephone: +1.780.701.3215
Cortus Metals Inc. is part of the Metals Group of Companies, managed by an award-winning team of
professionals who stand for technical excellence, painstaking project selection and uncompromising
corporate governance, with a proven ability to identify and capitalize on investment opportunities and
deliver shareholder returns.
www.metalsgroup.com
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc,
P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.
Forward Looking Information
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THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This News Release includes certain "forward-looking statements". Although the Company believes
that assumptions and factors used in preparing the forward-looking information in this news release
are reasonable, undue reliance should not be placed on such information. All statements, other than
statements of historical fact, including without limitation, future plans and objectives of the Company,
are forward-looking statements that involve various risks and uncertainties, assumptions and other
factors that may cause the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements expressed or implied by the
forward-looking statements. Any forward-looking statement speaks only as of the date of this news
release. No assurance can be given that such events will occur in the disclosed time frames or at all.
The Company disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or otherwise, other than as required
by law.
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