Marathon Gold (TSX: MOZ) recently announced results from their Valentine Gold Project, located in central Newfoundland
By Stephane Villeneuve, Mining Life Online
Marathon Gold (TSX: MOZ) recently announced results from their Valentine Gold Project, located in central Newfoundland. The results are part of Marathon’s infill drilling program, looking to define the area around the delicious new sounding Berry Zone. The Berry zone lies in line between the main marathon deposit and the Sprite and Leprechaun deposit, forming a 6km corridor along the identified zones. Some highlights form the recently released results include:
- VL-20-889 intercepted several 1m sections grading over 10 g/t, including 73.26 g/t over 1m with an average of 3.70 g/t over 42m.
- VL-20-886 intercepted 1.47 g/t Au over 30 m with 10.54 g/t over 1m,
- VL-20-883 intercepted 1.42 g/t Au over 18m.
- VL-20- 893 intercepted 3.52 g/t Au over 10m.
- VL-20 -877 intecepted 33.29 g/t Au over 1m.
President and CEO Matt Manson 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 m, 2020 exploration drill program at the Valentine Gold project, including the 8,000 m of infill drilling at Berry...”. Mr. Manson went on to go into further details on current drilling timelines and targets, with the expectation for this year’s results to be released periodically into early 2021 and plans to continue current exploration endeavors.
With the PEA completed in April 2020, Marathon Gold looks to continue more formal talks with local communities with sights on breaking ground on construction in 2022, and production coming online by mid-2023.
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