For thousands of other reports visit RSC's Mineral Intellingence Map
Marathon Gold Corp.
Summary
| Project: | Valentine | |
|---|---|---|
| Deposit: | Marathon | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/6/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-7-2016: Marathon Gold Corp. announces an Exploration/Drilling Update report for its Marathon deposit at the Valentine project. Drilling results incl. 19m @ 2.40g/t Au from 7m. TORONTO, ON – July 6, 2016, - Marathon Gold Corporation (“Marathon” or the “C | |
| Resources: | (Resource, M+I): 1.06Moz Au @ 2.2g/t Au (Valentine Gold Camp Total) | |
| CP/QP: | [Overall Report]: Sherry Dunsworth (Internal) | |
| ABSTRACT: | TORONTO, ON – July 6, 2016, - Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) announced today the results from the ongoing summer 2016 drilling campaign at the Marathon Deposit, Valentine Gold Camp. Shallow drilling has succeeded in expanding the mineralized corridor northwest into the hanging wall as well as intercepting significant mineralization in drill holes along the southwest end of the current Marathon Deposit resource pit shell (Figure 1). The extension of MA-15-039 succeeded in intersecting high grade mineralization at deeper levels within the lower open pit level. The Marathon Deposit remains open along strike and to depth with a total strike length of the mineralized corridor now extending for at least 1.7 kilometers. The metallurgical program continues to make progress with both the flotation/concentration/cyanidation of the Marathon Deposit gold bearing material and short column tests of the Leprechaun and Marathon deposits mineralization. The column tests were originally set for 90 days of leaching which would occur July 5, 2016. Preliminary results to date show that gold is still being liberated from the columns and the column tests will continue beyond the 90 days until such a time as no more appreciative gold is liberated from the columns. This is a very positive development in accessing the option of heap leaching at the Valentine Lake Property. | |
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