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Marathon Gold Corp.
Summary
| Project: | Valentine | |
|---|---|---|
| Deposit: | Marathon | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 22-3-2018: Marathon Gold Corp. announces an Exploration/Drilling Update report for its Marathon deposit at the Valentine project. Drilling results incl. 13m @ 18.66g/t Au (13.77g/t cut) from 473m. TORONTO, ON – March 22, 2018 - Marathon Gold Corporation | |
| Resources: | (Resource): 1.8465Moz Au (M+I) and 1.0117Moz Au (Inf.) contained at project | |
| CP/QP: | [Overall Report]: Sherry Dunsworth (Internal) | |
| ABSTRACT: | TORONTO, ON – March 22, 2018 - Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) Marathon Gold Corporation is delighted to report these exciting new drill results at the company’s 100% owned Valentine Lake Gold Camp, central Newfoundland. The deep targeted infill drill hole MA-18-282 (Figure 1) discovered one of the thickest and highestgrade gold intervals found to date within the Marathon Deposit. This new mineralization, as well as gold found in other new drill holes, is expected to add significant ounces of gold to the next resource update. “The success of new drilling at the Marathon Deposit is very exciting as we continue to penetrate high-grade gold both along strike and to greater depths. This deposit has grown to be the largest discovered to date at the Valentine Lake Gold Camp and much more drilling is planned. The highgrade gold intersected in hole MA-18-282 clearly demonstrating the potential for good grades at depth where there are not a lot of drill holes yet,” said Phillip Walford, President and CEO. “The widely spaced, shallow drilling in the bog near Sprite is turning up mineralization in every hole so far and will provide targets for follow up drilling in the next round of drilling after spring breakup. Our PEA remains on schedule for release by mid-May.” | |
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