TORONTO, May 16, 2018 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ:TSX) will
be hosting a conference call to review the results of the PEA at 10:00 am EST on Thursday, May 17, 2018. Those wishing to join the
call can do so using the telephone numbers listed below. The call will also be available on the Company’s website a www.marathon-gold.com.
Date: Thursday, May 17th, 2018 at 10:00 am EST
Toll-free number (Canada/US): 1-800-952-5114
Local dial-in number: 416-641-6104
International dial-in numbers: https://www.confsolutions.ca/ILT?oss=7P1R8009525114
Passcode: 4667468#
About Marathon
Marathon is a Toronto based gold exploration company rapidly advancing its 100% owned Valentine Lake Gold Camp
located in Newfoundland, one of the top mining jurisdictions in the world. The Valentine Lake Gold Camp currently hosts four
near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,137,400 oz. of gold at 1.99
g/t and inferred resources totaling 1,104,700 oz. of gold at 1.99 g/t. The majority of the resources occur in the Marathon and
Leprechaun deposits, which also have resources below the pit shell. Both deposits are open to depth and on strike. Gold
mineralization has been traced down over 350 metres vertically at Leprechaun and almost a kilometer at Marathon. The four deposits
outlined to date occur over a 20-kilometer system of gold bearing veins, with much of the 24,000-hectare property having had little
detailed exploration activity to date. Drilling in winter 2018 is continuing to focus on expanding the Marathon Deposit at surface
and to depth as well as exploration drilling along the boggy covered area between the Marathon and Sprite Deposits.
The Valentine Lake Gold Camp is accessible by year-round road and is located in close proximity to
Newfoundland’s electrical grid. Marathon maintains a 50-person all-season camp at the property. Recent metallurgical tests have
demonstrated 93% to 98% recoveries via conventional milling and 50% to 70% recoveries via low cost heap leaching at both the
Leprechaun and Marathon Deposits.
To find out more information on the Valentine Lake Gold Camp please visit www.marathon-gold.com.
For more information, please contact:
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact relating to Marathon Gold Corporation, certain information
contained herein constitutes "forward-looking statements". Forward-looking statements include statements that are predictive in
nature, depend upon or refer to future events or conditions, or include words such as "expects", "anticipates", "plans",
"believes", "considers", "intends", "targets", or negative versions thereof and other similar expressions, or future or conditional
verbs such as "may", "will", "should", "would" and "could". We provide forward-looking statements for the purpose of conveying
information about our current expectations and plans relating to the future and readers are cautioned that such statements may not
be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be
general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions
will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be
achieved. These risks and uncertainties include but are not limited to those identified and reported in Marathon Gold Corporation's
public filings, which may be accessed at www.sedar.com. Other than as specifically required by law, we undertake no obligation to update any
forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the
occurrence of unanticipated events, whether as a result of new information, future events, results or
otherwise.
