Marathon Gold Corporation Provides Leprechaun Gold Deposit Update

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Marathon Gold Corporation (MOZ.TO), at a year low 30 cents, today announced new multiple high-grade gold intersections in the Leprechaun Gold Deposit. The drilling successfully targeted both down-dip underground and near-surface hanging wall high-grade gold zones. The winter drilling campaign is now completed at the Leprechaun Gold Deposit.

Highlights include:

Main Zone high-grade gold intercept of 24.53 g/t Au (cut) over 2.7 meters (TT) with 35.00 g/t Au (cut) over 80.56 (uncut) 0.9 meters (TT) in VL13-537

Main Zone high-grade gold intercept of 15.47 g/t Au (cut) over 3.6 meters (TT) with 35.00 g/t Au over 63.03 (uncut) 0.9 meters (TT) in VL13-540

Main Zone high-grade gold intercepts of 10.96 g/t Au over 3.6 meters (TT) with 20.50 g/t Au over 0.9 meters (TT), 8.50 g/t Au over 2.7 meters (TT) with 14.38 g/t Au over 0.9 meters (TT), and 5.11 g/t Au over 3.6 meters (TT) with 17.37 g/t Au over 0.9 meters (TT) in VL13-536

Additional significant Main Zone high-grade gold intercept of 4.32 g/t Au over 2.85 meters (TT) with 11.82 g/t Au over 0.95 meters (TT) in VL-13-535

Hanging Wall Zone high grade gold intercepts of 9.45 g/t Au over 5.0 meters (TT) with 22.56 g/t Au over 2.0 meters (TT) in VL-13-537, and 3.25 g/t Au over 3.0 meters (TT) with 9.43 g/t Au over 1.0 meter (TT) in VL-13-536

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This article appears in: Investing , Commodities


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