Marathon Gold Additional Drill Results at Valentine Gold Project
Marathon Gold Corporation has reported additional drill results from recent exploration drilling at the Valentine Gold Project, central Newfoundland. These
Marathon Gold Corporation has reported additional drill results from recent exploration drilling at the Valentine Gold Project, central Newfoundland. These latest results represent fire assay data from fifteen drill holes located within the new Berry Zone which were completed as part of the ongoing Berry infill drill program.
VL-20-889 intersected 3.70 g/t Au over 42 metres including 73.26 g/t Au over 1 metre and 13.48 g/t Au over 1 metre and 11.84 g/t Au over 1 metre and 11.77 g/t Au over 1 metre, and 1.68 g/t Au over 24 metres including 10.66 g/t Au over 1 metre, and 25.74 g/t Au over 1 metre;
VL-20-886 intersected 1.68 g/t Au over 26 metres including 10.55 g/t Au over 1 metre;
VL-20-880 intersected 1.47 g/t Au over 30 metres including 10.54 g/t Au over 1 metre;
VL-20-883 intersected 1.42 g/t Au over 18 metres;
VL-20-881 intersected 1.42 g/t Au over 13 metres and 1.12 g/t Au over 12 metres;
VL-20-891 intersected 1.03 g/t Au over 16 metres and 3.82 g/t Au over 5 metres including 11.01 g/t Au over 1 metre;
VL-20-893 intersected 3.52 g/t Au over 10 metres including 12.54 g/t Au over 1 metre; and,
VL-20-877 intersected 33.29 g/t Au over 1 metre.
Matt Manson, President & CEO commented: “These latest results from the new Berry Zone continue to demonstrate long intersections of Quartz-Tourmaline-Pyrite-Gold mineralization in characteristic “Main Zone” configurations within our in-fill drill area. By the end of this month we expect to have completed our 52,000 metre 2020 exploration drill program at the Valentine Gold project, including the 8,000 metres of infill drilling at Berry. Assay results from this drilling are expected to be released in batches through the end of the year and into January. These will include assay results from Berry, the Sprite Corridor between Berry and the Frozen Ear Pond (FEP) Road, the FEP Road to the Marathon Deposit, and the Narrows area located northeast of the Marathon Deposit. The results of the Berry drilling will then be incorporated in a new Mineral Resource estimate. Given the success of our 2020 exploration drilling, and the scale of mineralization we are seeing at Berry, we anticipate an equally vigorous exploration program in 2021.”