Marathon Gold Corporation (MOZ.TO), which was just 5 cents below 200-day SMA $1.38 at yesterday's close, announced today that it has hit an intersection with thick intervals of near surface gold-bearing quartz-tourmaline-pyrite alteration containing gold during initial drilling at the J. Frank Zone, Valentine Lake Project.
Phillip Walford, President and CEO, said: "We believe that the new J. Frank Zone discovery will be advantageous for Marathon and hitting this intersection, which contains high grade gold intervals within a more than 80 meter thick quartz-tourmaline-pyrite alteration envelope, provides further encouragement."
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
