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    Valentine Lake JV intersects New High-Grade Lens at Leprechaun Gold Deposit

    Investing News Network
    Feb. 03, 2011 08:52AM PST
    Gold Investing

    Mountain Lake Resources Inc. (CVE:MOA) and Marathon Gold Corporation (TSE:MOZ) report very positive results from the first 5 diamond drill holes of the 2011 Valentine Lake property drilling campaign

    Mountain Lake Resources Inc. (TSXV:MOA) and Marathon Gold Corporation (TSX:MOZ) report very positive results from the first 5 diamond drill holes of the 2011 Valentine Lake property drilling campaign.

    The press release is quoted as saying:

    The drilling has focused in the NE portion of the Leprechaun Gold Deposit and has resulted in the discovery of three new high-grade lenses including 8.15 g/t uncut over 25m (45-70m) with 21.12 g/t uncut over 9m (45-54m) in VL-11-232. These new mineralized lenses are shallow dipping within the hanging wall zone of the deposit and at depths of less than 60m from surface. Main zone intercepts of up to 3.73 g/t over 20m including 5.39 g/t over 10m were identified in VL-10-236. Marathon is the operator of the project.

    Click here to access the entire news release.

    Click here to access Mountain Lake Resources’ company profile.

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