Valentine Lake JV Intersects High Grade Lens Grading 3.75 g/t Au

- March 2nd, 2011

Mountain Lake Resources Inc. (CVE:MOA) and Marathon Gold Corporation (TSE:MOZ) report the discovery of a major mineralized lens in drill hole along the NE edge of the Leprechaun gold deposit.

Mountain Lake Resources Inc. (TSXV:MOA) and Marathon Gold Corporation (TSX:MOZ) report the discovery of a major mineralized lens in drill hole along the NE edge of the Leprechaun gold deposit.

The press release is quoted as saying:

The assay results of exploration drilling at Valentine East continue to be encouraging with VE-11-002 (Figure – VE) intersecting numerous sections of gold mineralization including 1.08 g/t Au over 2m, 0.69 g/t Au over 5m with 1.03 g/t Au over 2m and 0.98 g/t Au over 15m with 4.23 g/t over 3m. Assay results are pending for VE-11-003, VE-11-004 and VE-11-005; however, core logging of these three drill holes has indentified significant sections of quartz-tourmaline-pyrite veining within an intense siliceous, sericitic and carbonate alteration halo.

Click here to access the entire news release.

Click here to access Mountain Lake’s company profile.

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