09:53 AM EST - Marathon Gold Corporation : announced a new open pit and underground National Instrument 43-101 compliant mineral resource estimate on the Leprechaun Gold Deposit, Valentine Lake Project, Newfoundland. This new mineral resource estimate has resulted in a 61% increase in contained gold in the Measured and Indicated category, as compared with the previously released resource estimate of March 29. This update incorporates results from 19,800 metres of drilling and 69 drill holes completed in 2012. Highlights: Measured and Indicated: 9.54 million tonnes @ 2.22 g/t Au containing 682,000 oz Inferred: 1.96 million tonnes @ 2.30 g/t Au containing 145,000 oz. Marathon Gold Corporation
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