Saturday 24th June 2017

Resource Clips

Marathon reports Nfld Gold Assays up to 13.2 g/t over 13m, 4.64 g/t over 16m

Resource Clips - essential news on junior gold mining and junior silver miningMarathon Gold Corp TSX:MOZ announced assays from its the Hanging Wall and Main Zones in the central area of the Leprechaun Gold Deposit at its 100%-owned Valentine Lake Project in Newfoundland. Highlights include

2.91 grams per tonne gold over 5 metres
(including 10.83 g/t over 1 metre)
4.64 g/t over 16 metres
(including 20.16 g/t gold over 2 metres)
4.2 g/t gold over 5 metres
(including 15.78 g/t gold over 1 metre)
13.2 g/t gold over 13 metres
(including 63.08 g/t gold over 1 metre)
8.51 g/t gold over 3 metres
(including 25.52 g/t gold over 1 metre)
14.22 g/t gold over 3 metres
(including 42.46 g/t gold over 1 metre)
4.64 g/t gold over 4 metres
(including 14.4 g/t gold over 1 metre)
3.17 g/t gold over 4 metres
(including 11.69 g/t gold over 1 metre)

President/CEO Phillip Walford commented, “These recent results are very significant for Marathon, as the high-grade intercepts at depth confirm the continuity of the southwest plunging high-grade material. The continuation of high-grade Main Zone mineralization to depth is exciting, as it exemplifies that there is the potential for an underground resource. The zone of mineralization in the Hanging Wall is also very encouraging, as it further supports the potential for an open pit. We will be continuing to develop the Leprechaun Gold Deposit, and with 24,442 meters of drilling completed in 2012, we anticipate a new resource update by year end.”

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Jennie Guay
Investor Relations

Read an interview with Marathon President/CEO Phillip Walford

Read a feature story about Marathon Gold

by Kevin Michael Grace