Saturday 22nd October 2016

Resource Clips

Mountain Lake, Marathon report Nfld Gold Assays of 32.24 g/t over 3m

Resource Clips - essential news on junior gold mining and junior silver miningMountain Lake Resources Inc TSXV:MOA in joint venture with Marathon Gold Corp TSX:MOZ announced results from their Valentine Lake Property in Newfoundland. Highlights include 32.24 g/t gold over 3 metres (including 94.2 g/t over 1 metre), 2.31 g/t over 17 metres (including 11.67 g/t over 3 metres), 10.16 g/t over 3 metres (including 29.9 g/t over 1 metre) and 1.93 g/t over 18 metres (including 4.21 g/t over 5 metres).

The Valentine Lake Project is a 50/50 joint venture with Marathon acting as project operator. The partners are jointly funding a 2011 budget of $7.1 million that includes 25,000 metres of drilling. An updated resource estimate is scheduled for release by 4Q 2011.

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Mountain Lake Resources Inc
Greg Lytle
Communications Manager

Marathon Gold Corp
Phillip Walford

by Greg Klein

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