Marathon Barge Drilling Fills 100 m Gap in Centre of Leprechaun Gold Deposit
Toronto, Sept. 29 – Marathon PGM Corporation (MAR-TSX) (“Marathon”) announced the second set of results from barge drilling at the Leprechaun Gold Deposit, in Central Newfoundland continue to define an area of near surface mineralization and fills a large void in the historic drilling pattern.Highlights:
– best drill interval contains 2.28 g/t gold across 11 m (core width) in VL-10-217 in the main zone
– multiple lenses of near-surface (hanging-wall) gold mineralization will improve the potential of a possible open pit operation
– drilling completed on September 25th, with 62 holes totaling 6,910 m and 11 holes pending
– new NI 43-101 compliant resource estimate is on track for Q4 delivery
– click here for map http://www.marathonpgm.com/images/valentinemapseptember2010.jpg
“These holes have played an important role by successfully filling a large gap in the middle of the Leprechaun Gold Deposit. This void existed because drilling was previously not possible due to accessibility,” said David Good, Marathon’s VP of Exploration.
Download full press release Marathon Barge Drilling Fills 100 m Gap in Centre of Leprechaun Gold Deposit
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