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Marathon Gold Corp.
Summary
| Project: | Valentine | |
|---|---|---|
| Deposit: | Valentine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-1-2019: Marathon Gold Corp. announces an Exploration/Drilling Update report for its Valentine deposit at the Valentine project. Drilling results incl. 12.0m @ 2.68g/t Au from 68.0m. TORONTO, ON – January 21, 2019 - Marathon Gold Corporation (“Marathon” | |
| Resources: | (Resource): 45.14Mt @ 1.85g/t Au for 2.69Moz Au (M+I), 26.85Mt @ 1.77g/t Au for 1.53Moz Au (Inf.) | |
| CP/QP: | [Overall Report]: Sherry Dunsworth (Internal) | |
| ABSTRACT: | TORONTO, ON – January 21, 2019 - Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is pleased to announce the start of the 2019 exploration drilling campaign as well as the results of the final four 2018 drill holes in the southwestern Marathon Deposit, an area with minimal prior drilling and mostly inferred resources. All of these drill holes intersected zones of QTP-Au veining identical in appearance to the gold-bearing QTP veining encountered throughout the Marathon Deposit. All but one, MA-18-346, are in the Marathon PEA pit shell. Drilling in 2019 in the southwestern area of the Marathon Deposit will further define the southwestern extension of the main mineralized corridor and increase measured and indicated gold resources within this area of the expanding Marathon Deposit. “Marathon is looking forward to another year of success as we commence our 2019 drilling campaign”, said Phillip Walford, President and CEO of Marathon. “Our infill drilling campaign continues to expand existing zones and intersect additional new zones of shallow SW-dipping, in the pit shell envelope in the SW of the Marathon Deposit. This new gold mineralization will be added to the next resource update as we advance towards completion of a Pre-Feasibility Study. | |
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