2012 Drilling Underway at Valentine Lake Gold Joint Venture in Central Newfoundland

Precious Metals

The 2012 drilling campaign is now underway at the Valentine Lake Property in Central Newfoundland, a 50/50 Joint Venture between Marathon Gold Corp. and Mountain Lake Resources Inc. (TSXV:MOA). Initial drilling intersected down-dip mineralization in the main zone.

The 2012 drilling campaign is now underway at the Valentine Lake Property in Central Newfoundland, a 50/50 Joint Venture between Marathon Gold Corp. and Mountain Lake Resources Inc. (TSXV:MOA). Initial drilling intersected down-dip mineralization in the main zone.

As quoted in the press release:

Initial analytical results from the 2012 drill program at the Leprechaun Gold Deposit*

DDH

Section

Zone*

From

To

Core Width (m)

True Width (m)

Gold

(g/t)

VL-12-378

10225

HW

83

86

3

3

0.69

MZ

155

164

9

8.55

1.94

Including

MZ

162

163

1

0.95

8.34

MZ

186

189

3

2.85

0.86

VL-12-379

10500

HW

65

68

3

3

3.74

Including

HW

67

68

1

1

10.82

HW

84

87

3

3

1.76

MZ

207

210

3

2.25

0.81

MZ

220

223

3

2.25

7.54

Including

MZ

220

221

1

0.75

15.79

MZ

225

228

3

2.25

0.93

FW

348

352

4

3.2

1.05

VL-12-380

10200

MZ

178

181

3

2.55

0.52

MZ

195

200

5

4.25

6.19

Including

MZ

195

197

2

1.7

15.25

MZ

207

210

3

2.55

1.05

*Denotes: MZ – main zone, HW – hanging wall zone, and FW – foot wall zone

Click here to read the Mountain Lake Resources (TSXV:MOA) press release
Click here to see the Mountain Lake Resources (TSXV:MOA) profile.

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