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

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
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