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Marathon Gold provides assay results on final 26 in-fill drill holes in 2022

Marathon Gold Corporation provides assay results on the final twenty-six in-fill drill holes completed during 2022 at the Berry Deposit, part of the Valentine Gold Project located in central Newfoundland. Matt Manson, President and CEO, commented: "With this final batch of 2022 Berry drill results, we continue to see intercepts of high-grade mineralization outside of Berry’s currently modeled mineralized domains. As a reminder, this in-fill program was designed to target areas of the deposit assessed to comprise primarily un-mineralized waste rock. As with our previous batch of results, we are delineating a sizeable domain of quartz-tourmaline-pyrite veining at the base of the mineral resource pit shell. In this case, it is at the northeastern limit of the deposit and represents the deeper extension of one of three northeast plunging ore shoots. This area was targeted with an extension of the 2020 diamond drill hole VL-20-882, and is illustrated in long-section in Figure 4 and cross-section in Figures 5 and 6. The 2022 in-fill drilling at Berry has been very successful in delivering new areas of mineralization, and supports our assessment that additional mineable ounces remain to be delineated within the scope of the Project’s current mine plan."

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