Marathon Hits 3.20 g/t over 14.0 meters (TT) — More Drill News to Come with $8 Million Financing, Valentine Lake Gold Camp

T.MOZ, Marathon Gold, gold

Marathon Gold Corporation (T.MOZ) announces further positive results from the fall drilling at the Marathon Deposit, Valentine Gold Camp. Deep drill holes MA-16-130 and MA-16-136, at the current east and west extremities respectively of the resource pit shell, succeeded in intersecting significant intervals of high-grade gold at depth and increasing the overall strike length of the deeper mineralized zone to more than 350 meters (Figure 1). Drill holes MA-16-133 and MA-16-135 intersected shallower levels of good mineralization along the SW end of the 2015 resource pit shell while step-out drill holes MA-16-131 and MA-16-132 pushed SW along strike to intersect good grades at shallow depths. The 50-100-meter-wide true thickness (TT) sub-vertical mineralized corridor of the Marathon Deposit is open along strike and now extends to depth in excess of 350 meters. Drilling remains focused on developing open-pit and underground resources at the Marathon Deposit with two drills working around the clock in advance of an anticipated 2017 resource update. read more

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