For thousands of other reports visit RSC's Mineral Intellingence Map
Marathon Gold Corp.
Summary
| Project: | Valentine | |
|---|---|---|
| Deposit: | Leprechaun | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-5-2019: Marathon Gold Corp. announces an Exploration/Drilling Update report for its Leprechaun deposit at the Valentine project. Drilling results incl. 126.0m @ 4.27g/t Au from 179m. TORONTO, ON – May 9, 2019 - Marathon Gold Corporation (“Marathon” or t | |
| Resources: | (Resource): 2.69Moz Au (Ind) and 1.53Moz Au (Inf) at Valentine | |
| CP/QP: | [Overall Report]: Sherry Dunsworth (Internal) | |
| ABSTRACT: | TORONTO, ON – May 9, 2019 - Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is very pleased to announce these excellent results from new drilling down through the SW dipping, en-echelon stacked QTP-Au veining of the Leprechaun Deposit’s Main Zone corridor. Drill holes VL-19-681 to VL-19-688, as well as previously released VL-19-679 and VL19-680, were collared along the upper edge of the Main Zone corridor (Figures 1 and 2), and are part of a series of planned infill drill holes that will cover an 800-meter strike length of the Main Zone corridor. These drill holes are designed to penetrate down through the shallow SW dipping, stacked gold-bearing QTP veins which form the dominant vein orientation within the Main Zone corridor of the Leprechaun Deposit, providing increased width to the Main Zone corridor and increased continuity the high-grade mineralization extending from surface to the bottom of the open pit and beyond into potential future underground resource development. Additional drill holes already completed along strike, for which assays are still pending, have also intersected wide intervals of QTP veining with abundant visible gold. The current drilling program is designed to both further confirm the geological model for the Leprechaun Deposit and to continue to upgrade Inferred resource material into the Measured and Indicated resource categories. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report