I would do exactly what I did in a similar situation last summer on my then bike, a '95 CBR900RR. I was blasting along a country road (I had been assured by my riding buddy that it was an A-1 road, and I went ahead to have some fun), and I came aound a slight bend to be faced by two things. One, the road all of a sudden went from nice pavement to gravel. Second, there was a major corner. I scrubbed off as much speed as I could on the pavement (got her down to about 140 kmh) then let go of the brakes for a second as I went onto the gravel, so that the wheels wouldn't lock up during the transition. I kept her in a straight line, and dragged both brakes as much as I could without locking either wheel to scrub off as much speed as i could before trying to turn her. I kept this up until I was running out of road and had no choice but to turn. So I let go of the brakes, and eased her ever so gently into the corner. A few little wiggles, but I made the corner, pulled over to the side, and waited for my buddy to catch up (he was on a Harley). When he got there, the first thing he said to me was "Oops, wrong road".
In my case, there were no ruts exposing the hard pack underneath made by cars, and I did the whole thing on pure gravel. If there had been ruts exposing the hardpack, I would have used on of them while scrubbing off my speed and then for the turn. The only thing that saved my bike that time, was all my years of experience on motocross bikes, and a feel for impending wheel lock-up.
Oops, jusr reread the question. The way you phrased it, the best thing to do would be to stand the bike up, go through the gravel, and then lean her way over to regain your line and finish the turn. You didn't say the gravel was the whole way through the turn (as it was in my case), so I am assuming that wasn't. Also, if I thought that I was going to be too hot to finish the turn after the gravel, I would drag both brakes to scrub off as much speed as I safely could while upright and traversing the gravel.
[This message has been edited by Rossco929 (edited September 15, 2000).]