Marathon Drilling Further Confirming Continuity of Main Zone Gold

TORONTO - Marathon Gold Corporation reported continued success of the infill drilling campaign at the Marathon deposit, located in Newfoundland and Labrador. The new drilling has returned excellent results proving further lateral and vertical continuity of the high-grade gold between adjacent drill holes and confirming significant gold intervals in both hanging wall and footwall zones of the deposit to help reduce the strip ratio for the open pit. These drilling results continue to provide further confirmation of Marathon’s geological model and will assist in upgrading existing inferred resources within the Marathon Deposit into the Measured and Indicated resource categories.

“The 2019 drilling program is producing impressive results at the Marathon and Leprechaun deposits. At Marathon, the Main Zone is being drilled at a spacing of 10 to 20 meters between holes to give Measured and Indicated resources showing very good correlation with most of the high-grade intercepts in adjacent holes,” said Phillip Walford, President and CEO. “All of the holes  we are reporting are in the Marathon PEA pit shell and the longer intercepts will have a positive impact on the resource grade.”

The company’s address is 10 King Street East, Toronto, ON M5C 1C3, (416) 987-2366, www.marathon-gold.com.