Monday 24th October 2016

Resource Clips

Marathon, Mountain Lake reports Nfld Gold Assays up to 5.99 g/t over 12m

Resource Clips - essential news on junior gold mining and junior silver miningMarathon Gold Corporation TSX:MOZ in joint venture with Mountain Lake Resources Inc TSXV:MOA announced assays from the Leprechaun deposit of the Valentine Lake project in Newfoundland. Results include

3.69 g/t gold over 13 metres (including 39.8 g/t over 1 metre)
3.34 g/t over 10 metres (including 9.52 g/t over 3 metres)
6.61 g/t over 3 metres
1.23 g/t over 7 metres
5.99 g/t over 12 metres (including 28.88 g/t over 2 metres)
6.96 g/t over 3 metres
4.41 g/t over 3 metres
5.41 g/t over 5 metres (including 26.04 g/t over 1 metre)
5.73 g/t over 3 metres (including 17.09 g/t over 1 metre)
1.61 g/t over 13 metres (including 12.76 g/t over 1 metre)
5.94 g/t over 3 metres

The property is a 50/50 joint venture with Marathon acting as project operator. Marathon President/CEO Phillip Walford commented, “Our exploration initiatives have proven advantageous for Marathon. As we approach the end of our 2011 drill program, we continue to discover wide intervals of high-grade mineralization as well as significant hanging-wall and foot-wall mineralization. These new high-grade gold intercepts will have a positive impact on the new Leprechaun Gold Deposit resource which is on track for release in the fourth quarter of 2011.”

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Marathon Gold Corporation
Jennie Guay
Investor Relations Manager

by Ted Niles

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