Marathon Summer Drilling Confirms Near Surface Gold Mineralization

Company News

Marathon Gold (TSX:MOZ) announced drilling results in the Sprite Zone of the Valentine Lake property showed drill intervals included 2.80 g/t Au over 9.0 meters true thickness, 2.48 g/t Au over 5.1 meters true thickness and 1.53 g/t Au over 11.2 meters.

Marathon Gold (TSX:MOZ) announced drilling results in the Sprite Zone of the Valentine Lake property showed drill intervals included 2.80 g/t Au over 9.0 meters true thickness, 2.48 g/t Au over 5.1 meters true thickness and 1.53 g/t Au over 11.2 meters.

According to the press release, highlights include:

  • Best intervals in step-out drill holes included 2.80 g/t Au over 9.0 meters (TT) including 11.04 g/t Au over 0.9 meters (TT) and 7.04 g/t Au over 1.8 meters (TT) in VL-14-567, and 2.48 g/t Au over 5.1 meters (TT) including 8.60 g/t Au over 0.9 meters (TT) in VL-14-569. Drill holes VL-14-567 and VL-14-569 are 50 meter step-out holes from the wide gold intercepts found in previous drill holes VL-14-542 and VL-14-543, respectively.
  • Best intervals in shallow-target drilling under trench channel intercepts included 1.53 g/t Au over 11.2 meters (TT) including 8.30 g/t Au over 0.8 meters (TT) in VL-14-575, and 1.39 g/t Au over 4.8 meters (TT) including 6.01 g/t Au over 0.8 meters (TT) in VL-14-574.
  • Drill holes with significant intercepts with TT yet to be determined included 9.73 g/t Au over 7.0 meters including 28.22 g/t over 2.0 meters in VL-14-571 and 3.11 g/t Au over 8.0 meters including 11.24 g/t Au over 1 meters in VL-14-577. These drill holes cut at low angle to the dominant trend of mineralization.

Phillip Walford, president and CEO, said:

Marathon has a very busy fall ahead as we push forward with our prospecting, stripping and sampling at the Marathon Zone, and continued drilling at Rainbow and Sprite Zones. We are very pleased to see the continuation of the QTP veining at shallow depth along the length of the mineralized corridor as currently defined in the Sprite Zone. With our increased understanding of the geology of the mineralizing system we look forward to continued drilling as we work towards development of an initial open pit resource at the Sprite Zone.

Click here to read the Marathon Gold Corporation (TSX:MOZ) press release

The Conversation (0)
×