Mr. Phillip Walford reports

MARATHON GOLD FILES NI 43-101 TECHNICAL REPORT PRELIMINARY ECONOMIC ASSESSMENT OF THE VALENTINE LAKE GOLD PROJECT, NEWFOUNDLAND

Marathon Gold Corp. has filed a National Instrument 43-101 technical report economic assessment in respect of the company's Valentine Lake gold project. The technical report is available for review on SEDAR and on the company's website.

The results of the preliminary economic assessment were originally presented in a news release dated Oct. 30, 2018, which is also available for review on SEDAR and the company's website. There are no material differences between the results announced in the news release and the results in the technical report.

About Marathon Gold Corp.

Marathon is a Toronto-based gold exploration company rapidly advancing its 100-per-cent-owned Valentine Lake gold camp, located in Newfoundland, one of the top mining jurisdictions in the world. The Valentine Lake gold camp currently hosts four near-surface, mainly pit-shell-constrained deposits with measured and indicated resources totalling 2,691,400 ounces of gold at 1.85 grams per tonne and inferred resources totalling 1,531,600 ounces of gold at 1.77 grams per tonne.

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