Canadian Mining Journal

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GOLD: Marathon deposit swells at Valentine camp



NEWFOUNDLAND – The Marathon deposit, in the Valentine gold camp 55 km south of Buchans, keeps getting bigger and better as Marathon Gold Corp. keeps drilling. The Toronto-based company says shallow drilling this summer has expanded the mineralized corridor northwest into the hanging wall. Significant mineralization was also intercepted in holes along the southwest end of the pit resource.

In the hanging wall, three holes returned promising assays:

  • 40 g/t Au over 13.3 metres (true width) including 11.47 g/t over 0.7 metres; 3.30 g/t Au over 4.2 metres including 12.90 g/t over 0.7 metres and 1.40 g/t Au over 8.4 meters;
  • 99 g/t Au over 3.5 metres including 11.24 g/t over 0.7 metres; and
  • 83 g/t Au over 2.1 metres.

Two holes along the southwest margin of the pit shell also had solid assays:

  • 15 g/t Au over 4.2 meters, 2.53 g/t over 8.4 meters including 13.80 g/t over 0.7 meters, and 3.5 g/t Au over 3.5 meters including 12.30 g/t over 0.7 meters; and
  • 47 g/t Au over 4.2 meters.

The total strike length of the mineralized corridor, including the Marathon deposit, is at least 1.7 km, according to Marathon Gold.

The company is also continuing metallurgical work on samples from the property and reports encouraging preliminary results.

Learn about the geology of the Valentine Lake project at www.Marathon-Gold.com.


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