Mr. George Faught reports

MARATHON GOLD ANNOUNCES RESULTS OF ANNUAL MEETING OF SHAREHOLDERS AND PROGRESS IN EXECUTING THE CEO SUCCESSION PLAN

Marathon Gold Corp. has released the results of voting at the annual meeting of shareholders held on June 11, 2019, in Toronto, Ont.

All of the director nominees set out in the management information circular dated April 25, 2019, were elected as directors to serve a one-year term. In addition, PricewaterhouseCoopers LLP was reappointed as the company's auditor for the fiscal year ending Dec. 31, 2019.

Details of the voting results are provided in the attached tables.

                     PROPOSAL 1 -- ELECTION OF DIRECTORS         
                            
                           Votes for   Percentage of votes for   Votes withheld 

George D. Faught          50,621,405                    70.00%       21,695,725     
Phillip C. Walford        72,125,228                    99.73%          191,902 
Julian B. Kemp            68,965,960                    95.37%        3,351,170 
Joseph G. Spiteri         49,406,725                    68.32%       22,910,405 
Douglas H. Bache          69,490,660                    96.09%        2,826,470 
Janice A. Stairs          69,570,577                    96.20%        2,746,553 

                                                                          
                    PROPOSAL 2 -- REAPPOINTMENT OF AUDITOR         
                           
                             Votes for   Percentage of votes for   Votes withheld 

PricewaterhouseCoopers LLP  82,571,318                    99.71%          240,059 

The company's shareholders voted in favour of all matters brought before the meeting. The results of voting will be filed on SEDAR.

The recently announced search, led by Korn Ferry, for a new president and chief executive officer is well under way, and the company is pleased with the calibre of potential candidates under consideration. The board is confident that a strong mining executive will be recruited to focus on advancing Marathon's strategy and the Valentine gold project through the next stage of development.

George D. Faught, chairman of the board, commented: "On behalf of the board of directors, we would like to thank our shareholders for their continued support of our development strategy. We now look forward to hiring a new CEO with the experience and profile to successfully lead Marathon and the Valentine gold project through continued growth and value creation as we embark on the next stages of development."

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.

We seek Safe Harbor.