Raven Gold Corp. (RVNG)

[m0n]

RVNG Terra Gold Project anticipated 30,000 ounce per year operation. http://owl.li/61ebH


The Terra Gold Project is a high-grade gold vein system with a current National Instrument 43-101 compliant Inferred Resource of 428,000 tonnes at 12.2 g/t Au (using a cutoff grade of 5.0 g/t Au) for contained metal content of 168,000 ounces. The project's primary focus is the Ben Vein, where 28 drill holes completed to date have returned 111 vein intersections of over 3 g/t gold. Initial metallurgical work has indicated a high recovery rate via gravity circuit, illustrating potential for near-term production.

WestMountain has advised that it is currently developing its 2011 drilling program to further define the gold vein along strike and at depth. Given the high-grade nature of the gold veins, coupled with the favourable mining configuration and gravity recovery characteristics, the deposit may be amenable to near-term gold production for an anticipated 30,000 ounce per year operation. Further information on the Terra Project can be found at http://www.corvusgold.com/projects/alaska/terra/.