Marathon Gold Corporation TSX:MOZ in joint venture with Mountain Lake Resources Inc TSXV:MOA announced assays from the Leprechaun Deposit of the Valentine Lake Gold Property in Newfoundland. Results include 12.73 g/t gold over 4 metres (including 50.09 g/t over 1 metre), 7.57 g/t over 9 metres (including 15.26 g/t over 4 metres), 6.45 g/t over 3 metres (including 14.92 g/t over 1 metre), 1.31 g/t over 20 metres and 5.15 g/t over 6 metres (including 29.31 g/t over 1 metre). Marathon and Mountain Lake each have a 50% interest in the Valentine Lake Property.
President/CEO Phillip Walford stated, “The program is going very well thanks to the super effort the crew is giving to overcome the difficult winter conditions. The winter program will set some of the priorities for drilling during the summer. We are testing Valentine East and will be testing the Sprite prospect north of Leprechaun to determine if we can develop resources on them during the summer drilling program.”
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by Ted Niles