Friday, March 17, 2017

Marathon Gold Corporation - MOZ.t

Marathon Gold Corporation - MOZ.t is advancing the flagship Valentine Lake property in central Newfoundland.

The Valentine Gold Camp currently hosts four near-surface, mainly pit-shell constrained, gold resources totaling 1,060,100 oz. gold at 2.20 g/t (Measured & Indicated) and 200,000 oz. gold at 2.85 g/t (Inferred),

On March 13, 2017 the company released News

Marathon Gold Corporation (TSX: MOZ) is pleased to announce continued success in drilling wide intervals of excellent grade gold at the Marathon Deposit, Valentine Lake Gold Camp. Best intercepts included 2.92 g/t Au over 71 meters and 1.88 g/t Au over 136 meters in MA-17-165, and 2.32 g/t Au over 19 meters in MA-17-166 and 2.35 g/t Au over 29.0 meters in MA-17-167. These latest drill holes were designed to penetrate down-through the gold-bearing en-echelon stacked quartz-tourmaline-pyrite (QTP) vein swarms and confirm the vertical continuity of the strong gold mineralization within this 50 to100-meter wide structural corridor which is open both along strike and to depth. Drilling also targeted QTP veining within the hanging wall of the deposit.