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Mountain Lake Resources Inc. (CVE:MOA) and Marathon Gold Corp. (TSE:MOZ) report further drilling success at the Leprechaun gold deposit.
The press release is quoted as saying:
All of the samples were analysed at Eastern Analytical Laboratory Ltd., in Springdale, Newfoundland. Samples were assayed using lead collection fire assay with AA (atomic absorption) finish. Results from fire assay are used for drill hole planning only. Assay results for the future updates of the December 2010 resource will be determined by an ongoing metallic screening process. Due to the coarse nature of the gold at the Leprechaun Deposit, the metallic screening method is used on economically important intersections using standard fire assay techniques. The reported values in this release are fire assay results.
Marathon’s President and CEO, Phillip Walford says:
“We are delighted with the discovery of this new near surface mineralization. The wide dilation lenses that we have encountered this year are typical of the Leprechaun Gold Deposit and contain most of its gold resource.”