Mr. Jeffrey Pontius reports

CORVUS GOLD EXPANDS NEW RHYOLITE VEIN ZONE DISCOVERY, EAST OF YELLOWJACKET DEPOSIT, NORTH BULLFROG PROJECT, NEVADA AND ANNOUNCES RESULTS OF ELECTION OF DIRECTORS

Corvus Gold Inc. has drilled a new broad intercept from the Rhyolite zone discovery northeast of the YellowJacket deposit on its North Bullfrog project in Nevada (see "Initial results from Rhyolite zone" table). The new high-grade intercept of 10.7 metres of 3.47 grams per tonne (g/t) Au and 3.6 g/t Ag is within a broad interval of moderate grade mineralization (210 m of 0.47 g/t Au and 1.4 g/t Ag) and represents a new centre of gold-silver mineralization immediately east of the YellowJacket deposit. Other surrounding high-grade gold intervals from the Rhyolite zone include hole NB-13-352 (news release 13-29, Oct. 29, 2013) with 2.4 m of 7.57 g/t Au, and hole NB-14-392 (NR 14-17, Sept. 4, 2014) with 9.77 m of 3.77 g/t Au.

The Rhyolite zone mineralization is localized along a major northeast-trending structure which appears to be related to the large northeast structures along the west side of the Sierra Blanca deposit to the southwest where earlier 2015 drilling intercepted higher level stockwork-type mineralization (NB-15-425 with 4.1 m at 1.3 g/t Au and hole NB-15-426 with 3.7 m at 1.3 g/t Au). Follow-up drilling to extend the Rhyolite zone to the east is planned for later this month.

Jeffrey Pontius, Corvus Gold chief executive officer, states: "The results returned from the Rhyolite area have significantly increased the potential of the greater YellowJacket system. The development of a new, broad multigram vein system to the east of the existing deposit holds good potential for proximal mill resource expansion. Additionally the very broad zone of surrounding lower grade mineralization is important as it could be signalling a new centre of mineralization in an area that has yet to be drill tested, and highlights the upside potential and underexplored nature of this new district-scale Nevada gold discovery."

                 INITIAL RESULTS FROM RHYOLITE ZONE

                    From (m)   To (m)   Length (m)*   Gold (g/t)   Silver (g/t)          

NB-15-267            77.72      82.3       4.58         0.147         0.35                  
Incl.                99.06     108.2       9.14         0.346         1.02                  
                    112.78     323.08    210.31         0.472         1.41                  
including vein/sw   173.74     184.4      10.66         3.471         3.59                  
including vein/sw   210.31     211.84      1.52         1.01          1.37                  
including vein/sw   225.55     227.08      1.52         1.09          2.76                  

Reported drill intercepts are not true widths. At this time, there is insufficient 
data with respect to the shape of the mineralization to calculate its true 
orientation in space.

* Mineralized thickness is calculated on a 0.10 g/t Au cut-off with internal 
  vein/stockwork intervals calculated using a 1.0 g/t Au cut-off.

Rhyolite zone

The Rhyolite zone is centred on a northeast-trending, moderate to steeply southeast-dipping quartz vein/stockwork zone, hosted in a rhyolite intrusive body. The zone was intersected in 2014 by oriented core holes NB-14-352 and 392 at approximately the same elevation, and about 25 metres apart which confirmed northeastern strike. New hole NB-15-267 tested this zone about 25 metres vertically below, confirming the dip angle and grade continuity. The zone is open along strike to the northeast, southwest and down dip. With the confirmation of the Rhyolite zone's strike, dip and grade continuity, a new high-grade gold system is emerging marginal to the existing YellowJacket deposit. It is important to note is that this is the first time Corvus Gold has specifically targeted a northeastern vein zone in the YellowJacket area and the fact that it is now surrounded by a very broad lower grade zone suggests the system is becoming stronger along strike and down dip. This success has increased the potential for the other major northeastern structural zones that cross the YellowJacket deposit and extend to the east.

Eastern area scout drilling

Results from four scout holes drill in the Spicerite and North Spicerite targets have returned only minor low-grade gold intercepts. Holes NB-15-262, 263, 264 and 265 tested three structural zones in the south end of the East Bullfrog regional target area with negative results. Follow-up drill in the East Bullfrog area will focus on the newly emerging large targets at Vinegaroon and Cat Hill, which have returned encouraging surface gold and silver anomalies.

Results of Corvus Gold annual general meeting

At the 2015 AGM held Oct. 9 in Vancouver, B.C., all resolutions put forward were approved by the shareholders. The following individuals were re-elected, by ballot, as directors of the company: Steven Aaker, Anton Drescher, Catherine Gignac, Edward Yarrow, Rowland Perkins and the company's CEO and president, Jeffrey Pontius.

The detailed proxy voting in respect of the election of directors was as displayed in the table.

Nominee                 Votes for          Votes withheld     

Steven Aaker       42,394,152 (99.85%)       64,745 (0.15%)     
Anton Drescher     30,716,752 (72.34%)   11,742,146 (27.66%)
Catherine Gignac   42,386,904 (99.83%)       71,993 (0.17%)     
Rowland Perkins    38,293,727 (90.19%)    4,165,170 (9.81%)  
Jeffrey Pontius    42,362,682 (99.77%)       96,215 (0.23%)     
Edward Yarrow      42,360,154 (99.77%)       98,743 (0.23%)     

* Shares represented by proxy but not voted: 8,554,464 shares

* Routine U.S. broker-vote shares voted without beneficial 
  owner instructions and therefore only eligible to vote for 
  the appointment of auditors.

The detailed report of voting results on all resolutions for the company's 2015 AGM is available under the company's profile on SEDAR, on the company's website, in the company's current report on Form 8-K as filed with the United States Securities and Exchange Commission available under the company's profile on EDGAR, or upon request by contacting the company's corporate secretary at 604-638-3246.

About the North Bullfrog project, Nevada

Corvus controls 100 per cent of its North Bullfrog project, which covers approximately 72 square kilometres in southern Nevada. The property package is made up of a number of private mineral leases of patented federal mining claims and 865 federal unpatented mining claims. The project has excellent infrastructure, being adjacent to a major highway and power corridor as well as a large water right.

The North Bullfrog project includes numerous prospective gold targets at various stages of exploration with four having NI 43-101-compliant mineral resources (Sierra Blanca, Jolly Jane, Mayflower and YellowJacket). The project contains a measured mineral resource of 3.86 million tonnes at an average grade of 2.55 g/t gold and 19.70 g/t silver, containing 316,500 ounces of gold and 2,445,000 ounces of silver, an indicated mineral resource of 1.81 million tonnes at an average grade of 1.53 g/t gold and 10.20 g/t silver, containing 89,100 ounces of gold and 593,600 ounces of silver, and an inferred resource of 1.48 million tonnes at an average grade of 0.83 g/t gold and 4.26 g/t silver, containing 39,500 ounces of gold and 202,700 ounces of silver for oxide mill processing. The mineral resource for the mill process was defined by Whittle optimization using all cost and recovery data and a break-even cut-off grade of 0.52 g/t gold. In addition, the project contains a measured mineral resource of 300,000 tonnes at an average grade of 0.25 g/t gold and 2.76 g/t silver, containing 2,400 ounces of gold and 26,600 ounces of silver, an indicated mineral resource of 22.86 million tonnes at an average grade of 0.30 g/t gold and 0.43 g/t silver, containing 220,500 ounces of gold and 316,100 ounces of silver, and an inferred mineral resource of 176.3 million tonnes at an average grade of 0.19 g/t gold and 0.67 g/t silver, containing 1,077,400 ounces of gold and 3,799,200 ounces of silver for oxide, heap leach processing. The mineral resource for heap leach processing was defined by Whittle optimization using all cost and recovery data and a break-even cut-off grade of 0.15 g/t.

Qualified person and quality control/quality assurance

Jeffrey A. Pontius (CPG 11044), a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Pontius is not independent of Corvus, as he is the CEO and president, and holds common shares and incentive stock options.

Carl E. Brechtel (Nevada PE 008744 and registered member 353000 of SME), a qualified person as defined by National Instrument 43-101, has co-ordinated execution of the work outlined in this news release and has approved the disclosure herein. Mr. Brechtel is not independent of Corvus, as he is the chief operating officer, and holds common shares and incentive stock options.

The work program at North Bullfrog was designed and supervised by Mark Reischman, Corvus Gold's Nevada exploration manager, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project log and track all samples prior to sealing and shipping. Quality control is monitored by the insertion of blind certified standard reference materials and blanks into each sample shipment. All resource sample shipments are sealed and shipped to ALS Chemex in Reno, Nev., for preparation and then on to ALS Chemex in Reno, Nev., or Vancouver, B.C., for assaying. ALS Chemex's quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Finally, representative blind duplicate samples are forwarded to ALS Chemex and an ISO-compliant third party laboratory for additional quality control.

For additional information on the North Bullfrog project, including information relating to exploration, data verification and the mineral resource estimates, see "Technical report and preliminary economic assessment for combined mill and heap leach processing at the North Bullfrog project, Bullfrog mining district, NYE county, Nevada" dated June 16, 2015, which is available under Corvus Gold's SEDAR profile.

We seek Safe Harbor.