Marathon Gold Corp Jumps As Much as 10% on Golden Chest Mine Update
Marathon Gold Corporation (MOZ.TO) is up 9 cents at $1.44 and has touched a day high $1.51 after announcing a drill intercept of 29.2 meters of 5.15 g/t gold in drill hole GC 11-41T from the core drilling program underway at the Golden Chest Mine. Current open pit resource drilling continues to show good intercepts of near-surface gold mineralization as well as the potential for very high grade veins in the hanging-wall of the Idaho fault, as evidenced by GC-11-41T which included a 0.9 meter interval of 137 g/t gold.
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