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Resource Clips

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Marathon, New Jersey report Idaho Results as high as 2.05 g/t Gold over 37.3m

October 26th, 2011

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 assays from their Golden Chest Mine in Murray, Idaho. Highlights include

2.05 g/t gold over 37.3 metres
(including 7.56 g/t over 6.9 metres)
1.74 g/t over 45.2 metres
1.69 g/t over 30.8 metres
(including 11 g/t over 1.9 metres)
1 g/t over 31 metres
0.95 g/t over 25.7 metres

Each company owns 50% of the Golden Chest Mine, with New Jersey Mining acting as project operator. Marathon President/CEO Phillip Walford commented, “Thus far the core drilling efforts at Golden Chest have proven to be very rewarding for Marathon since these intercepts are even better than expected, in both grade and thickness, than previous widely spaced reverse-circulation and diamond-drill holes. Drilling to date and geological work this year has demonstrated that the open-pit potential goes beyond the limits of the historic open-pit resource. Subsequently we expect to undertake another drill program next year to define the full open-pit potential. The new NI 43-101-compliant resource, expected in the first quarter of 2012, is the first step in expanding the Golden Chest deposit.”

View Company Profile

Marathon Gold Corp
Jennie Guay
IR Manager

New Jersey Mining Company
Grant Brackebusch

Read more about Marathon Gold Corp.

by Greg Klein