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or Name
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Marathon Gold Corp
Symbol MOZ
Shares Issued 140,778,352
Close 2017-09-08 C$ 1.02
Market Cap C$ 143,593,919
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Marathon Gold hires Borst to manage upcoming PEA

2017-09-11 07:58 ET - News Release

Mr. Phillip Walford reports

MARATHON GOLD EXPANDS SENIOR MANAGEMENT, ROBBERT BORST TO MANAGE UPCOMING PRELIMINARY ECONOMIC ASSESSMENT

Marathon Gold Corp. has appointed Robbert Borst to manage the company's upcoming preliminary economic assessment. He will be starting with Marathon effective Oct. 1, 2017.

Mr. Borst brings over 30 years of experience in operations, engineering, technical consulting services and project management. Mr. Borst was most recently the vice-president of project development with Aldridge Minerals where he managed its feasibility study. Mr. Borst has worked for large mining companies as well as junior mining companies worldwide which has given him a skill set and experience which will be beneficial to Marathon at this pivotal time in moving the Valentine Lake gold camp toward development.

"We are delighted to have a mining professional of Mr. Borst's calibre join the senior management team to manage our upcoming PEA. His expertise in managing economic studies will be a valuable asset to the company as will be his operational and engineering experience in producing a high-quality study that the project deserves," stated Phillip Walford, president and chief executive officer of Marathon Gold. "This marks an important milestone in the progress of the company from exploration to development."

About Marathon Gold Corp.

Marathon is a 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 1,388,200 ounces of gold at 1.91 grams per tonne and inferred resources totalling 766,500 ounces of gold at 2.24 g/t. Gold mineralization has been traced down over 350 metres vertically at Leprechaun and almost a kilometre at Marathon. The four deposits outlined to date occur over a 20-kilometre system of gold-bearing veins, with much of the 24,000-hectare property having had little detailed exploration activity to date.

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