Thursday, April 13, 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 April, 2017 the company released News

Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is very excited to announce the intersection of wide intervals of stacked quartz-tourmaline-pyrite (QTP) veining with visible gold (VG) in the deepest holes drilled to date within the Marathon Deposit, Valentine Lake Gold Camp. Holes MA-17-174 and MA-17-175, drilled sub-vertical down through the mineralized corridor of the Marathon Deposit, have both intersected abundant wide intervals of QTP veining with numerous VG occurrences at depths of up to 950.5 meters (photo 1, These new drill holes, covering approximately 200-meter of strike length of the mineralized corridor of the Marathon Deposit, have penetrated to depths up to 1000 meters into the Marathon Deposit and represent the deepest visible gold drilled to date within the Valentine Lake Gold Camp (Figure 1). Assays are pending for both MA-17-174 (upper 400 m of the hole in this news release) and MA-17-175. These drill holes have more than doubled the depth potential of the Marathon Deposit