Tuesday 13th November 2018

Resource Clips

Marathon, NJMC report Idaho Gold Assays of 3 g/t over 33.1m

Resource Clips - essential news on junior gold mining and junior silver miningMarathon Gold Corporation TSX:MOZ in joint venture with New Jersey Mining Company announced results from the Golden Chest Mine in Murray, Idaho. Assays include

3 g/t gold over 33.1 metres
16.1 g/t over 4.1 metres
5.07 g/t over 45.3 metres (including 10.8 g/t over 7.9 metres)
1.86 g/t over 21.2 metres
1.94 g/t over 44.2 metres (including 5.06 g/t over 15.3 metres)
0.86 g/t over 16.6 metres

Each company owns 50% of the Golden Chest Mine, and New Jersey Mining Company is the project operator. Marathon President/CEO Phillip Walford commented, “We are seeing better than expected grades in the Idaho open-pit target compared to the Newmont reverse circulation drilling completed 30 years ago. It is clear from work done at the site this year that the open-pit potential is much larger than initially estimated and these ongoing drill resuts continue to support the potential for a robust open-pit.”

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Marathon Gold Corporation
Phillip Walford

or New Jersey Mining Company

by Ted Niles

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