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Marathon Finds More Gold in Central Newfoundland! – Mining Life
Dec 11, 2014
Drilling results announced by Marathon Gold Corporation indicates the presence of gold-bearing quartz-tourmaline-pyrite (QTP) veining in central Newfoundland’s Valentine Lake Gold Camp.
The Valentine Lake Project is Marathon’s flagship gold project. It is located in west central Newfoundland approximately 57 km south of the mining town of Buchans. The project is accessible by gravel and paved roads to the Trans-Canada Highway.
Assayed core samples consisted of multiple vertical stacked, dominantly shallow SW dipping tensional veining that is identical in appearance to the gold-bearing QTP veining found throughout the rest of the Valentine Lake Gold Camp.
Marathon Gold Zone
The gold-rich Marathon Zone is located 7 kilometres northeast along a strike from the Leprechaun Gold Deposit and 5 kilometers southwest along strike from the Victory Gold Deposit, Valentine Lake Gold Camp. A total of 4,131 meters of NQ core has been drilled to date in the Marathon Zone, of which 1,679 metres from drill holes MA-14-015 to MA-14-025 has assays yet to be completed. All assays are expected to be available in early January.
