Mountain Lake Resources & Marathon Gold Corp. Report Formation of JV

Gold Investing

Mountain Lake Resources Inc. (CVE:MOA) and Marathon Gold Corporation (TSE:MOZ) report that they have entered into a joint venture.

Mountain Lake Resources Inc. (TSXV:MOA) and Marathon Gold Corporation (TSX:MOZ) report that they have entered into a joint venture.

The press release is quoted as saying:

MOZ and MOA now own 100% of the Property on a 50/50 joint venture basis.  MOZ is the operator of the project and both companies have agreed to a jointly funded budget of $6 million for 2011, which will include 25,000 metres of resource expansion and exploration drilling.

Click here to access the entire news release.

Click here to access Mountain Lake Resources’ company profile.

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