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Marathon Gold Corp.
Summary
| Project: | Valentine | |
|---|---|---|
| Deposit: | Valentine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 26-2-2018: Marathon Gold Corp. announces an Exploration/Drilling Update report for its Valentine deposit at the Valentine project. Drilling results incl. 5m @ 7.27g/t Au. TORONTO, ON – February 26, 2018 - Marathon Gold Corporation (“Marathon” or the “Comp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Sherry Dunsworth (Internal) | |
| ABSTRACT: | TORONTO, ON – February 26, 2018 - Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) Marathon Gold Corporation is pleased to report positive drill results at the company’s 100% owned Valentine Lake Gold Camp, central Newfoundland. These shallow exploration drill holes have succeeded in intersecting typically gold bearing en-echelon stacked QTP veins over a 170-meter strike length within the 3.5-kilometer long area of unexplored bogcovered area between the Marathon and Sprite Deposits (Figure 1). Two drill rigs are now testing this high-potential area with widely spaced drill holes exploring for new gold deposits. “The new widely spaced drill holes have successfully demonstrated that the gold system is present for hundreds of meters along strike from where it has been tested in the past. The new drilling clearly demonstrates the highly prospective nature of the 3.5 km long section of ground between the Marathon and Sprite deposits. We will be focusing drilling on this area during the month of March to locate new resources.” said Phillip Walford, President and CEO of Marathon Gold. “The PEA is progressing very well and is keeping to the schedule thanks to the efforts of all the participants. Sherry Dunsworth, M.Sc., P. Geo., Senior VP of Exploration, Marathon’s Qualified Person, has reviewed the contents for accuracy and has approved this press release on behalf of Marathon. Thorough QA/QC protocols are followed including the insertion of blanks and standards at regular intervals in each sample batch. Drill core is cut in half with one half retained at site, the other half tagged and sent to Eastern Analytical Limited in Springdale, Newfoundland. | |
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