10:15 AM EST - Mountain Lake Resources Inc. : and Marathon Gold Corporation announced the discovery of a major mineralized lens in drill hole VL-11-246 in the main zone along the NE edge of the Leprechaun Gold Deposit (Figure - LP), the first defined gold resource within the highly prospective Valentine Lake Property in central Newfoundland. Highlights: VL-11-246 intersected a wide lens of gold mineralization grading 3.75 g/t Au over 37.5m including 18.81 g/t Au over 4.5m as well as narrow very high-grade zones grading 67.15 g/t Au over 1.1m and 36.69 g/t Au over 0.5m. Mountain Lake Resources Inc.
shares V.MOA are trading up $0.04 at $0.73.