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Marathon Gold Corporation

11:41 AM EST - Marathon Gold Corporation : announced the discovery of a new high-grade gold and silver-bearing sulphide-rich quartz-tourmaline-pyrite vein system in the J. Frank Zone, Valentine Lake Project, Newfoundland. The new vein system is comprised of two large east-west striking and moderately north dipping QTP-S veins, named the Repeater Hill and Adam Veins. Both veins range up to 1.3 metres in true thickness and have a current exposed strike length of 255 metres and 85 metres respectively. Channel samples include 23.06 g/t Au over 2.96 m including 64.75 g/t Au and 127.0 g/t Ag over 1.05 m; 2.40 g/t Au over 14.88 metres including 15.87 g/t Au and 25.2 g/t Ag over 1.00 m. Marathon Gold Corporation shares T.MOZ are trading unchanged at $0.67.