Marathon Gold Corp MGDPF

Primary Symbol: T.MOZ

Metals & Mining Gold

Marathon Gold Corporation is a Canada-based gold exploration and development company. The Company’s primary business focus is the exploration and development of its flagship asset, the wholly owned Valentine Gold Project, located in Newfoundland and Labrador, Canada. The project comprises a series of five mineralized deposits along a 32- kilometer system. Its prospects are located along the Valentine Lake Shear Zone and include Frank Zone, Rainbow Zone, Triangle Zone, Victoria Bridge, Narrows, Victory Southwest, Victory Northeast, and the Berry Zone. In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, the Company holds 100% interests in the Bonanza Mine, a former mine located in Baker County in northeastern Oregon, the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, British Columbia; and a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.

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Marathon Gold Corp

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Post by Canucklehead80on Feb 14, 2013 3:06am

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Post# 20986184

On Strike For Almost 30 Kilometres

On Strike For Almost 30 Kilometres
Phillip Walford Discusses Marathon’s Nfld Gold Exploration
Kevin Michael Grace

February 13, 2013 - Marathon Gold Corp T.MOZ announced February 7 assay results from six shallow drillholes at the Valentine East Zone of its Valentine Lake Project in Newfoundland. Highlights include:

1.6 grams per tonne gold over 14 metres
including 10.34 g/t gold over 1 metre
1.93 g/t gold over 9.5 metres
including 14.77 g/t gold over 0.95 metres
1.58 g/t gold over 3 metres
including 4.48 g/t gold over 1 metre
2.44 g/t gold over 3 metres
1.23 g/t gold over 3 metres
1.52 g/t gold over 6 metres
2.28 g/t gold over 2.85 metres
1.89 g/t gold over 2.85 metres

The Valentine Lake Project comprises more than 20,000 hectares located 57 kilometres south of Buchans. It can be reached from gravel and paved roads off the Trans-Canada Highway. According to a November 5, 2012, 43-101 resource estimate, its Leprechaun Gold Deposit contains 9.53 million tonnes grading 2.22 g/t gold for 682,000 ounces gold measured and indicated and 1.96 million tonnes grading 2.3 g/t for 145,000 gold ounces inferred.

President/CEO Phillip Walford spoke to Kevin Michael Grace February 8, read the interview here.