Mountain Lake Resources (CVE: MOA) and Marathon Gold Corporation (TSE:MGC) report significant new assay results from recent drilling of holes at the Leprechaun gold deposit, Newfoundland.
The press release is quoted as saying:
The drilling to date has focused in the NE portion of the Leprechaun Gold Deposit. These latest positive drill results are very important for the in-fill drilling of the deposit as well as the modeling of mineralized tension gashes extending laterally into the footwall zone as well as wide low-grade intercepts in the hanging wall zone of the deposit
Marathon Gold’s President and CEO, Phillip Walford says:
“The program is going very well thanks to the super effort the crew is giving to overcome the difficult winter conditions. The winter program will set some of the priorities for drilling during the summer. We are testing Valentine East and will be testing the Sprite prospect north of Leprechaun to determine if we can develop resources on them during the summer drilling program.”