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Marathon Gold Drills 8.89 G/t Gold Over 5.1 Meters at Valentine Lake
Marathon Gold (TSX:MOZ) announced results from the latest drilling in the Marathon area of the Valentine Gold camp. New drilling confirms the continuity of the Marathon deposit. The deposit stands at over 850 meters and is open along strike and to depth.
Marathon Gold (TSX:MOZ) announced results from the latest drilling in the Marathon area of the Valentine Gold camp. New drilling confirms the continuity of the Marathon deposit. The deposit stands at over 850 meters and is open along strike and to depth.
As quoted in the press release:
- The best drill hole intercepts included: 8.98 g/t Au (cut) over 5.1 meters with 33.00 g/t Au (cut) over 0.9 meters and 17.63 g/t Au over 0.9 meters in MA-15-070; 2.53 g/t Au over 3.5 meters and 4.76 g/t Au over 3.5 meters with 15.29 g/t Au over 0.7 meters in MA-15-067, and 3.06 g/t Au over 2.8 in MA-15-068.
- This new shallow drilling confirms the current continuity of the Marathon Deposit, which now stands at over 850 meters and remains open along strike to the southwest and northeast and to depth. The strike of the main Marathon mineralized corridor extends to the northeast and southwest beneath bog and overburden (Figure 1).
- The summer 2015 drilling program is completed at Marathon and Sprite, and winter drilling conditions in the bogs along strike from the Marathon Deposit are expected to allow access to drill these highly prospective extensions of the Marathon Deposit. In particular, the 3.5 km gap between the new Sprite mineralization and the Marathon Deposit is largely bog and overburden, however the airborne magnetic trends continue from Sprite to the Marathon Deposit. This area is a high priority target for future exploration.
Marathon president and CEO, Phillip Walford, said:
The mineralized corridor of the Marathon deposit also extends SW along strike under the bog and to depth towards the new Sprite mineralization. The NE and SW extensions of the Marathon deposit await future winter drilling conditions when we can drill on the bogs. Our focus continues to be on developing a critical mass of open pit resources, and the summer program has put us in a good position to do so.
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