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Mountain Lake Resources Inc. (CVE:MOA) and Marathon Gold Corporation (TSE:MOZ) report the intersection of a wide zone of mineralization grading at the Leprechaun gold deposit.
The press release is quoted as saying:
This mineralization represents a down dip extension of the wide zone of mineralization reported in VL-11-246 (see news release of March 2, 2011) along the NE edge of the Leprechaun Gold Deposit (Figure – LP), the first defined gold resource within the highly prospective Valentine Lake Property in central Newfoundland.
Marathon Gold’s President and CEO, Phill Walford says:
“We are very pleased with our early 2011 drill results as this year’s exploration program continues to intersect new wide zones of moderate to locally high grade mineralization and should contribute significantly to our ongoing resource development effort.”
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