j u n e / j u l y 2 0 1 5
www.resourceworld.com
17
TSX: MOZ
Contact: Christopher Haldane, Investor Relations
Telephone: 416.987.0714
Website: www.marathon-gold.com
Beating the Odds in Newfoundland:
1.2 million oz. and growing
ization from the Beta Target at its Russet
South drilling program on the 100%-
owned Madsen gold project, Red Lake gold
district, Ontario. Highlights include 39.1
g/t gold over 2.9 metres, including 52.4 g/t
gold over 0.7 metres in hole PG15-031.
Harte Gold Corp. [HRT-TSX; H40-
FSE] recently discovered a new gold zone
– the Footwall Zone – at its 100%-owned
Sugar Zone property northeast of White
River, Ontario. Hemlo-style mineralization
was also discovered at the Contact Zone.
Follow-up drilling is under way. The prop-
erty hosts 302,000 oz indicated and 95,000
oz inferred.
Midland Exploration Inc. [MD-TSXV]
is an unusual junior in that it has signed
farm-out agreements on its projects
with four major companies and/or orga-
nizations; namely Teck Resources Ltd.
[TCK.B-TSX; TCK-NYSE], Agnico Eagle
Mines Ltd. [AEM-TSX, NYSE], Québec
government-funded SOQUEM Inc. and
Japan Oil, Gas and Metals National Corp.
(JOGMEC). In fact, Midland has some 10
J/V agreements with various companies.
Located in the Abitibi region of Québec
about 40 km east of the Detour Lake gold
deposit (23.3 M oz M&I), SOQUEM can earn
a 50% interest in the Casault (and nearby
Jouvex) properties by spending $4.5 mil-
lion on exploration. A 2012 drill result
returned 10.4 g/t gold over 1.45 metres
open in all directions. What is interest-
ing is that the Casault property is virtually
surrounded by large gold deposits or pro-
ducing gold mines, including the extension
of the Balmoral Martiniere and Bug Lake
gold zones.
Thirty km northeast of Rouyn-
Noranda, Teck can earn a 65% interest
in the Patris Project where grab samples
graded up to 15.5 g/t gold and channel
sampling returned 4.73 g/t gold over 0.40
metres. Midway between Rouyn-Noranda
and Val-d'Or, Agnico Eagle has a 51%
interest (Midland 49%) in the Maritime-
Cadillac property where drilling the Dyke
West Zone returned 8.6 g/t gold over
5.5 metres. Midland is also in a J/V with
JOGMEC on the Ytterby rare earth proj-
ect near the Strange Lake REE deposit.
