Marathon Gold Corporation TSX:MOZ in joint venture with Mountain Lake Resources Inc TSXV:MOA announced assay results from the Valentine Lake Property in Newfoundland. Highlights include 8.15 g/t gold over 25 metres (including 21.12 g/t over 9 metres), 14.97 g/t over 4 metres (including 61.03 g/t over 1 metres), 3.75 g/t over 11 metres, 3.87 g/t over 12 metres (including 17.6 g/t over 2 metres) and 3.73 g/t over 20 metres (including 14.73 g/t over 1 metre). Marathon and Mountain Lake each have a 50% interest in the property.
Marathon VP Exploration Sherry Dunsworth commented, “The exploration program at Valentine Lake is off to an excellent start this year. We have intersected new high grade gold intercepts over wide intervals and that is with just 2% of this year’s planned 25,000-metre drilling campaign. The Leprechaun drilling is designed to upgrade inferred resources into measured and indicated resources as well as increasing the overall resource. Marathon is looking forward to future results as we continue to step out testing targets at increased depth and along strike to the NE of the Leprechaun Gold Deposit as well as in the Valentine East Zone.”
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by Ted Niles