Marathon Gold Corporation (T.MOZ) today announced that it has made the regulatory filing of the report entitled “Technical Report on the Mineral Resource Estimate of the Valentine Lake Project.” The updated resource was announced on February 21, 2017 and completed by Micon International Limited (“Micon”).
“The increase in resources is driven almost entirely from drilling at the Marathon Deposit since April 2015. The total resource for the Marathon Deposit of 483,800 oz. grading 1.72 g/t measured and indicated and 583,400 oz. grading 2.20 g/t was accomplished with less than 41,000 m of diamond drilling. The scale of the mineralization is such that resources can be gained quickly and efficiently by drilling,” said Phillip Walford, President and CEO of Marathon.read more