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Marathon Gold Corp.
Summary
| Project: | Valentine | |
|---|---|---|
| Deposit: | Marathon | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 6-3-2018: Marathon Gold Corp. announces an Exploration/Drilling Update report for its Marathon deposit at the Valentine project. Drilling results incl. 20m @ 3.16g/t Au from 289m. TORONTO, ON – March 6, 2018 - Marathon Gold Corporation (“Marathon” or the | |
| 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 6, 2018 - Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) Marathon Gold Corporation is pleased to report these positive drill results at the company’s 100% owned Valentine Lake Gold Camp, central Newfoundland. The step-out drill holes along the northeast end of the Marathon Deposit (Figure 1) have intersected an abundance of en-echlon stacked QTP-Au veining, thereby pushing the extents of the main mineralized corridor further along strike to the northeast and also further expanding the resource within the boundary of the open pit. Drill holes in the south-central portion of the mineralized corridor (Figure 1) have penetrated along the outer edges of the mineralized corridor; succeeding in discovering significant new QTP-Au veining and expanding the lateral extents of the main mineralized corridor. “The Marathon Deposit keeps growing in size as continued drilling intersects QTP veining and high-grade gold along strike to the northeast as well as along the outer margins of the mineralized corridor. Current drilling at the Marathon Deposit is extending the mineralized corridor in both the northeast and southwest direction as we continue resource growth at the Valentine Gold Camp,” said Phillip Walford, President and CEO of Marathon Gold. “We are excited by the continued success of our exploration drilling as we also progress with our PEA which will be released in Q2 2018.” | |
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